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London-listed Kavango Resources has issued a $5-million convertible loan note facility to a consortium of Zimbabwe-registered pension funds. The company notes that the facility is interest free and...
Australia-based Jindalee Resources has welcomed the inclusion of its McDermitt lithium project in Oregon among the first ten mining initiatives selected by the US government for accelerated...
Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s $11-billion debt pile and...
Chinese mining company CMOC Group has agreed to acquire Canada's Lumina Gold in an all-cash deal valued at C$581-million. The transaction, announced on Monday, will mark a step forward for the...
Gold rose to an all-time-high, after concern that President Donald Trump could fire Federal Reserve Chair Jerome Powell triggered a flight from US stocks, bonds and the dollar. Bullion climbed as...
The Trump administration has moved to expedite permitting for ten mining projects across the US as part of a broader effort to boost domestic production of critical minerals and reduce reliance on...
Gold company Spartan Resources has executed binding purchase agreements to acquire the remaining 20% interest in a portfolio of exploration tenements at the project that it does not already own.
Aachen High Shear Reactor technology, predominantly used in the gold extraction process, has grown in popularity, as evidenced by commercial minerals processing and metallurgical testwork company...
Mineral exploration and development company New Murchison Gold plans to develop the Crown Prince deposit over a 30-year life-of-mine.
A total of $32-million is budgeted for exploration at the Back River gold district in 2025, of which $21-million is allocated to the Goose project.
Base metals miner Hudbay Minerals has reached an agreement with a coalition of union building trades to support the construction of the mine.
Platinum miner Tharisa has reported that infrastructure work at the project is ongoing.
Canada based gold and silver explorer Ascot Resources has closed the second and final tranche of a private placement to support the advancement of its Premier gold project towards production.
Operator and majority owner of the Waterberg project Platinum Group Metals has indicated that its near-term focus remains advancing the Waterberg project to a development and construction decision
Toronto-listed Euro Sun Mining’s South African CEO is reported to have exercised considerable resolve in helping to remove the obstacles in the way of turning one of Europe’s large copper/gold...
Aim-listed Lexington Gold, with projects in South Africa and the US, has raised, in aggregate, gross proceeds of £530 000 through the issue of 15.6-million new common shares to new and existing...
Turkish billionaire Robert Yuksel Yildirim is on a $2-billion hunt for nickel mines, betting that the battery metal’s price will rebound and that the West will want those supplies to cut its...
Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria's mines minister said on Thursday, highlighting Abuja's push to diversify its economy away from oil. Mines...
Canada-headquartered Allied Gold on Wednesday announced a C$80-million bought deal public offering alongside a concurrent block trade, as the miner looks to improve share liquidity. The...
Ghana has assumed operational control of Gold Fields' Damang mine after it rejected an application from the South African company to renew its lease, the government said on Wednesday, breaking a...
Gold major Newmont has completed its previously announced non-core divestiture programme, closing the sales of its Akyem mine in Ghana and Porcupine operation in Canada. The company has now...
Shareholders of De Grey Mining have overwhelmingly approved the proposed acquisition of the company by ASX-listed gold major Northern Star Resources. At a scheme meeting held on Wednesday, 99.64%...
ASX-listed Black Cat Syndicate on Wednesday announced approval to commence underground mining at the Myhree deposit, part of its Kal East gold project near Kalgoorlie, Western Australia....
Influential proxy advisory firms Institutional Shareholder Services (ISS) and Glass, Lewis & Co have thrown their weight behind Equinox Gold’s proposed all-share business combination with Calibre...
Precious metals company Discovery Silver has officially joined the ranks of Canadian gold producers with the closing of its acquisition of Newmont’s Porcupine operations in Ontario. The...
Aim-listed Jubilee Metals has reported a strong nine months to March 31 for its South African operations, putting the division on track to exceed performance targets for the financial year to end...
Canada-headquartered Barrick Gold on Wednesday issued a sharp rebuke to the government of Mali as tensions over taxes escalated, warning that the viability of its flagship Loulo-Gounkoto mine is...
This week: Platinum-based green hydrogen on way to becoming South Africa’s new gold and, South Africa's hydrogen corridor project shortlisted for JET funding
Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens. Bullion climbed above $3 248 an ounce for the...
Dual-listed SolGold is pursuing an early production strategy that prioritises openpit and sub-level caving opportunities at its Cascabel copper/gold project in Ecuador, aiming to accelerate cash...
Savannah Goldfields has appointed Brad Sampson as CEO as the Australia-listed company advances plans to restart mining and processing operations in Queensland. Sampson, a veteran mining executive...
The sweeping tariffs recently imposed by the US are expected to cause significant damage to the global economy, economists noted during a webinar hosted by Fitch Solutions unit BMI on the impact of...
Vancouver-based Ascot Resources plans to restart operations at its Premier gold mill in British Columbia in early August, following a delay caused by labour shortages that slowed underground...
Canadian gold mining company B2Gold plans to cut 300 jobs in Namibia this year as it goes ahead with the phased downscaling of operations at its Otjikoto mine after depletion of open pit reserves....
Mining production decreased by 9.6% year-on-year in February, Statistics South Africa reports. The largest negative contributors were platinum group metals (PGMs) (-23.9% and contributing -5.8...
Kinross Gold has temporarily suspended milling operations at its Tasiast mine, in Mauritania, following a fire on on Tuesday, the Canadian gold producer said Wednesday. The fire, which occurred in...
Malian authorities have shut the Canadian miner Barrick Gold's office in the capital Bamako over the alleged non-payment of taxes, two sources close to the matter told Reuters, in the latest...
Aim-listed Oriole Resources has reported that the maiden – Phase 1 – drilling programme at MBO1-S on the company’s 90%-owned Mbe orogenic gold project, in Cameroon, is about 44% complete for a...
ASX-listed Wia Gold has reported positive assay results for 29 reverse circulation (RC) drillholes and four diamond drillholes, totalling 7 414 m, at its Kokoseb gold project, in Namibia. The...
Aim-listed Caledonia Mining’s Blanket mine, in Zimbabwe, produced 18 671 oz of gold in the first quarter of this year, exceeding the 17 050 oz produced in the first quarter of 2024. This is a new...
Scandinavian gold producer Akobo Minerals, which owns gold operations in Ethiopia, progressed mining operations in March, starting with lower-grade ore and reaching higher-grade material toward...
Chile’s Enami is in talks with manufacturers and trading firms interested in financing a $1.4-billion-plus smelting project as the top copper-mining nation looks to arrest a drop in processing...
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