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South Africa’s gold mining industry has shed 80% of its workforce over the past three-and-a-half decades. In 1988, more than 536 000 people worked in the sector. By 2000, that number had more than...
The expansion will increase gold production at Bomboré to between 220 000 oz/y and 250 000 oz/y.
Reko Diq is one of the world’s biggest undeveloped copper/gold deposits. It will be a multigenerational mine with a life of at least 37 years.
The project consists of three large deposits and several smaller deposits that are planned to be developed using conventional openpit mining methods over a 17-year life-of-mine.
National mineral resource organisation Mintek has welcomed the official release of South Africa's Critical Minerals and Metals Strategy by Mineral and Petroleum Resources Minister Gwede Mantashe....
South Africa will need to slash spending if its tax agency does not meet its revenue collection target this year, Finance Minister Enoch Godongwana said on Thursday, as the government focuses on...
US-based silver miner Hecla Mining on Thursday announced the appointment of Dean Gehring to its board of directors. Gehring currently serves as a board advisor at Allonnia, a bioengineering...
The intersection of mining safety and Hexagon technology will be explored at Wampex in a Gold Fields Ghana presentation by Daniel Korsah, Manager Asset Optimisation Ghana (Tarkwa and Damang). The...
Two years of efforts to revive the Madsen gold mine have culminated in Toronto-based West Red Lake Gold Mines approving the official restart of the idled operation in Ontario. The board of...
ASX-listed Perenti’s African Underground Mining Services, through its joint venture (JV) with Underground Mining Alliance, has secured a five-year extension to its underground mining contract at...
Ghana expects to rake in $12-billion a year from small-scale gold production if output doubles as planned. Gold exports from the country have surged as international prices have soared, and much of...
TSX-listed NGEx Minerals on Wednesday announced a new discovery at its Lunahuasi project, in San Juan, Argentina, confirming the presence of a major copper/gold porphyry system beneath high-grade...
Toronto- and New York-listed Solaris Resources on Wednesday announced a $200-million financing agreement with precious metals streaming and royalty company Royal Gold, securing nondilutive funding...
Russia's largest oil producer Rosneft has acquired Tomtor, the country's largest rare earth metal deposit, a companies registry showed on Wednesday, after President Vladimir Putin's call last year...
ASX-listed Native Mineral Resources advancing towards first gold production at its Blackjack project in Queensland, with site commissioning set to begin in late May and mining activities scheduled...
The Australian Foreign Investment Review Board (FIRB) has approved South Africa-based miner Gold Fields' A$3.7-billion acquisition of the Australian mining company Gold Road Resources. The FIRB...
ASX-listed exploration companies Arrow Minerals and Volt Resources have requested the voluntary suspension of their shares from trading, pending an announcement related to their tenements in...
Argentina's government on Tuesday approved a $2.5-billion lithium mining project by Anglo-Australian giant Rio Tinto, marking the first mining project under a new investment incentive regime. The...
Whereas every mineral is found to be critical for various reasons, the Department of Mineral and Petroleum Resources’ (DMPR’s) Critical Minerals and Metals Strategy has identified platinum,...
China imported the most gold in nearly a year last month despite record prices, after heightened demand for the precious metal prompted the central bank to ease restrictions on bullion inflows....
Congolese minerals such as tungsten, tantalum and tin, which Kinshasa has long accused neighbouring Rwanda of illegally exploiting, could be exported legitimately to Rwanda for processing under the...
Gold edged lower as the haven-demand boost from Moody’s Ratings downgrade of the US faded, and attention turned back to the easing of trade tensions between the two largest economies. Bullion...
Exploration company Bastion Minerals recommenced trading on the ASX on Tuesday, after unveiling a refreshed leadership team and a renewed strategy focusing on Australian gold assets. The company,...
Engen, a proud gold sponsor of the Nampo Harvest Day, celebrated its long-standing partnership with the event by welcoming thousands of visitors to its interactive stand and ever-popular Vintage...
ASX-listed Kingston Resources has struck a binding agreement to divest its Misima gold project, in Papua New Guinea, to Ok Tedi Mining for $95-million. The transaction includes $50-million payable...
The Stibnite gold and antimony project in Idaho has cleared its final federal regulatory hurdle, owner Perpetua Resource announced on Monday. The US Army Corps of Engineers has issued the project...
Independent precious metals authority the London Bullion Market Association (LBMA) has advanced the implementation of its proposals requiring refiners to publicly disclose additional information...
Blockchain-powered ecosystem for traceable and ethically sourced gold Responsible Gold has announced the appointment of Sakhila Mirza as its president. She will oversee the firm’s next phase of...
A leading branded jewellery retailer in Beijing is including platinum investment bars in its offering amid platinum bar sales being launched on TikTok for the first time by a World Platinum...
Central banks in key African economies are getting set to line up with other emerging-markets in coming weeks and cut interest rates where inflation pressures are seen abating, or stay on guard...
ASX-listed Lindian Resources on Monday confirmed that its bauxite assets in Guinea have not been impacted by the military government’s reported cancellation of 51 mining licences. The company said...
Gold prices have fallen almost 10% from a record high just above $3 500/oz in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish...
Dual-listed explorer Xanadu Mines on Monday announced a proposed takeover offer from Bastion Mining, a consortium comprising Singapore-based Boroo and Xanadu director Ganbayar Lkhagvasuren. The...
ASX-listed Future Battery Minerals (FBM) has moved to acquire 100% ownership of all mineral interests in the Miriam project, in the Western Australian Goldfields, from fellow-listed Corazon...
Mining services group Perenti has announced a contract extension worth about A$500-million to continue providing underground mining services at JSE- and NYSE-listed Gold Fields’ Agnew gold mine in...
Guinea's military government has taken back 51 mining licences as it steps up efforts to repossess claims or concessions where operations have either not been launched or where it says permits are...
Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption....
ASX-listed Kaiser Reef has completed its acquisition of the Henty gold mine in Tasmania from Catalyst Metals. The A$31.6-million acquisition includes the high-grade Henty underground operation and...
Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with...
A major Chinese gold producer is scouting for acquisition opportunities around the world, although the recent price volatility driven by global trade turmoil means it’s not rushing to secure...
Toronto-listed Troilus Gold has announced a $35-million loan with precious metals merchant Auramet to support its near-term development activities at its namesake mine in Quebec. Proceeds of the...
A gold mining operation in the Caribbean recently faced a challenge at one of its transfer points, where sticky ore - especially problematic during the hot summer months - was causing blockages and...
ASX-listed Hastings Technology Metals has announced a binding agreement with Wyloo Consolidated Investments to form a joint venture (JV) over the Yangibana rare earths and niobium project, giving...
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The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
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