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Dealmaker Hannam sues Randgold for up to $18m over Barrick merger work
6th December 2024 By: Reuters

Dealmaker Ian Hannam is suing Randgold Resources for up to $18-million he says he is owed for work on its acquisition by Canada's Barrick Gold, telling a London court on Friday that the gold miner... 


Attendees at the latest AMLA workshop
Opinion: Strengthening Africa’s mining future – the crucial role of legal expertise
6th December 2024

In this article, World Bank senior counsel and African Mining Legislation Atlas (AMLA) project team lead Nneoma Nwogu writes about the AMLA’s impact over the past ten years. 


SSR set to become third-biggest gold miner in US with CC&V acquisition
SSR set to become third-biggest gold miner in US with CC&V acquisition
6th December 2024 By: Mariaan Webb

Denver-based SSR Mining has announced a $275-million acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado from Newmont, marking a significant expansion of SSR’s gold production... 


Chrome captain of industry turns to Babcock for Volvo Construction Equipment
Chrome captain of industry turns to Babcock for Volvo Construction Equipment
6th December 2024

For Solly Madibela, owner of MYSOL, all that glitters is not gold, but it’s in the gleam of chrome that he’s found true value. A key component of stainless steel production due to its non-corrosive... 


Barrick’s buccaneering boss tested as Mali squeezes gold miners
Barrick’s buccaneering boss tested as Mali squeezes gold miners
6th December 2024 By: Reuters

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 


Photo of Martin Creamer
On-The-Air (06/12/2024)
6th December 2024 By: Martin Creamer

Martin Creamer talks about green electricity, global investment and the global hydrogen and fuel cell sector. 


An image showing a gold pour
Gold ETFs record first outflows since April in November
6th December 2024 By: Tasneem Bulbulia

Global gold exchange-traded funds (ETFs) recorded their first monthly outflow since April, losing $2.1-billion in November, according to industry body the World Gold Council. Europe (-$1.9-billion)... 


Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project
6th December 2024 By: Tasneem Bulbulia

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 


Harmony Gold, investor sentiment, PGMs demand make headlines
Harmony Gold, investor sentiment, PGMs demand make headlines
6th December 2024

Mining Weekly Editor Martin Creamer discusses the billion rand green loan facility that underpins the three solar PV renewable-energy plants being constructed by Harmony Gold; global investor... 


Osisko appoints Quin to board
Osisko appoints Quin to board
6th December 2024 By: Creamer Media Reporter

NYSE- and TSX-V-listed Osisko Development has announced the appointment of veteran mining executive Stephen Quin to its board of directors, effective immediately. Quin brings over four decades of... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Image of Mexico flag and periodic table symbols for gold and silver
Santa Elena mine, Mexico
6th December 2024 By: Sheila Barradas

A silver and gold mine in Sonora, Mexico. 


Image of the Dalgaranga openpit
Dalgaranga gold project, Australia – update
6th December 2024 By: Sheila Barradas

Spartan Resources has updated the mineral resource estimate for the project's Pepper and Never Never gold deposits. 


LOCATION MAP OF THE HEMI GOLD PROJECT
Hemi gold project, Australia – update
6th December 2024 By: Sheila Barradas

A final investment decision is still pending. 


Location map of the Kobada project
Kobada gold project, Mali – update
6th December 2024 By: Sheila Barradas

Toubani Resources has appointed Endeavour Financial as its financial adviser to develop the project.  


IMAGE OF SEGILOLA PROCESSING PLANT
Segilola gold project, Nigeria – update
6th December 2024 By: Sheila Barradas

Thor Explorations has announced further positive results from the initial proof-of-concept drilling programme that targets the down-plunge potential beneath the current Segilola openpit extents. 


Image of drill core from the Springpole project
Springpole gold project, Canada – update
6th December 2024 By: Sheila Barradas

The project has received a positive conformity determination from the Impact Assessment Agency of Canada. 


Spartan raises A$220m to speed up Dalgaranga restart
Spartan raises A$220m to speed up Dalgaranga restart
5th December 2024 By: Mariaan Webb

ASX-listed Spartan Resources is fast tracking a production restart at the Dalgaranga gold project, in Western Australia, with a A$220-million placement. The company on Thursday announced... 


Oxbow Hydropower ESIA contract awarded
5th December 2024 By: Natasha Odendaal

The Lesotho Highlands Development Authority (LHDA) has awarded the environmental and social impact assessment (ESIA) contract for the Oxbow Hydropower Scheme to a joint venture comprising Italy’s... 


Akobo reports final November gold production of 10 kg
5th December 2024 By: Sabrina Jardim

Following the completion of all smelting operations for November, Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals has reported final gold... 


Barrick boosts spending by 120% on Precipitate’s Pueblo Grande project
5th December 2024 By: Creamer Media Reporter

TSX-V-listed Precipitate Gold announced on Wednesday that Barrick Gold had amended their existing earn-in agreement for the Pueblo Grande project in the Dominican Republic, increasing its total... 


Perseus remains upbeat about Nyanzaga’s development as investment decision nears
5th December 2024 By: Sabrina Jardim

Africa-focused gold miner Perseus Mining says it is well advanced in its review of existing geology, mining engineering and mineral processing studies at the Nyanzaga gold project, in Tanzania,... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


IHC Mining recognises the value of your resources, helps bring out the best
IHC Mining recognises the value of your resources, helps bring out the best
5th December 2024

For every phase in the mining life cycle for raw materials, mining equipment and services supplier IHC Mining provides reliable, integrated solutions, fully tailored to specific demand for mineral... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


Adaro Andalan rises 20% after Indonesia’s largest IPO this year
Adaro Andalan rises 20% after Indonesia’s largest IPO this year
5th December 2024 By: Bloomberg

Shares of coal miner PT Adaro Andalan Indonesia jumped in their first day of trading, in a show of demand for Indonesia’s largest initial public offering in about a year and a half. The... 


A$30m raise caps successful year at  Larvotto’s Hillgrove antimony project
A$30m raise caps successful year at Larvotto’s Hillgrove antimony project
5th December 2024 By: Mariaan Webb

Australian exploration and development company Larvotto Resources on Thursday announced a A$30-million capital raise to continue advancing its Hillgrove antimony project. The capital raise, which... 


Ascot restarts mine development at Premier Northern Lights
4th December 2024 By: Creamer Media Reporter

Toronto-listed Ascot Resources has begun mobilising personnel and equipment to advance the underground development of its Premier Northern Lights (PNL) mine in British Columbia. Following the... 


Ramelius appoints COO, expands executive team
4th December 2024 By: Creamer Media Reporter

Perth-based Ramelius Resources has appointed a new COO following Duncan Coutts’s resignation last month. The gold miner also expanded its executive team from four to six and has named a new COO.... 


Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
4th December 2024 By: Reuters

A workers' strike at B2Gold's flagship mine in southwest Mali has reduced mining operations to just 25% of its capacity, two employees at the mine told Reuters on Tuesday. Between 1 875 and 2 000... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


An illegal gold mining operation in Ghana
The fight over Ghana’s illegal gold rush exposes election risks
4th December 2024 By: Bloomberg

There’s no escaping gold in Tarkwa. It’s in the forest. It’s under your feet as you walk the streets of Ghana’s biggest mining town. It’s the economy. Exposed holes in the ground bear witness to... 


First Mining’s Springpole advances to next review phase
First Mining’s Springpole advances to next review phase
4th December 2024 By: Mariaan Webb

Vancouver-based First Mining on Tuesday announced a milestone for the Springpole gold project, receiving a positive conformity determination from the Impact Assessment Agency of Canada (IAAC).... 


Portugal plans to hold delayed lithium tender in 2025
4th December 2024 By: Reuters

Portugal's government plans to launch a long-delayed tender of lithium prospecting licenses in 2025 as it seeks to make the country a top European supplier of critical metals for the green... 


Rio sells $399m stake in Winu copper project to Sumitomo
Rio sells $399m stake in Winu copper project to Sumitomo
4th December 2024 By: Mariaan Webb

Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms... 


Firms launch physical uranium buying for small investors using blockchain
Firms launch physical uranium buying for small investors using blockchain
4th December 2024 By: Reuters

A blockchain platform and a uranium trading company launched a marketplace on Tuesday to allow small investors to buy physical uranium, hoping to boost spot liquidity in the niche commodity.... 


Mining Association of Canada president Pierre Gratton
Canada mining group uses China ban to push back on Trump tariffs
4th December 2024 By: Bloomberg

Canada Mining Group Uses China Ban to Push Back on Trump Tariffs 


Akobo’s November production covers costs
3rd December 2024 By: Tasneem Bulbulia

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 


Lexington Gold identifies encouraging exploration target at Free State project
3rd December 2024 By: Tasneem Bulbulia

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 


Miner RG Gold is said to consider stake sale to fund growth
3rd December 2024 By: Bloomberg

Kazakhstan miner RG Gold is considering a minority stake sale to help fund the development of projects in the central Asian country, according to people familiar with the situation. RG Gold is... 


Larvotto signs antimony offtake agreement with Wogen
3rd December 2024 By: Reuters

Larvotto Resources said on Monday it had signed a binding offtake agreement with trading house Wogen Resources for sales of its first seven years of antimony output at the Hillgrove project in New... 


Aya pours first silver at expanded Zgounder mine
Aya pours first silver at expanded Zgounder mine
3rd December 2024 By: Creamer Media Reporter

Canada-headquartered Aya Gold and Silver has poured first silver from its expanded Zgounder mine, in Morocco, bringing the company closer to the start of commercial production in the coming weeks.... 


Greatland-Newmont deal to close this week
Greatland-Newmont deal to close this week
3rd December 2024 By: Mariaan Webb

London-listed Greatland Gold is set to close its acquisition of Newmont’s Telfer and Havieron assets this week, positioning the company to become a significant Australian gold and copper producer.... 


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Magazine round up | 13 December 2024
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13th December 2024

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