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Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Uranium
Sibanye appoints veteran Cochran to oversee uranium developments
20th March 2024 By: Marleny Arnoldi

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


Rescuers battle rubble and water in race to save 13 trapped Russian miners
20th March 2024 By: Reuters

Rescuers in Russia's far east battled rubble and water on Wednesday in an attempt to save 13 miners who have been trapped 120 metres underground in a gold mine for nearly two days. The miners were... 


Namibia Critical Metals sells noncore assets
20th March 2024 By: Creamer Media Reporter

TSX-V-listed Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares... 


Larvotto announces $8m funding for Hillgrove
Larvotto announces $8m funding for Hillgrove
20th March 2024 By: Mariaan Webb

ASX-listed Larvotto Resources has signed a nonbinding term sheet for $8-million financing to develop the Hillgrove antimony and gold mine, in New South Wales. A funding package from Wogen... 


The Tropicana mine
AngloGold swings to loss on lower gold sales, higher costs
19th March 2024 By: Tasneem Bulbulia

Gold miner AngloGold Ashanti recorded a basic loss of $235-million or $0.56 a share, for the year ended December 31, 2023, compared with basic earnings of $233-million, or $0.55 a share, for the... 


Blyvoor
Katoro to cease all investment in Blyvoor, Namibian Iron Ore
19th March 2024 By: Darren Parker

Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities,... 


Saturn Resources increases its offer for Shanta shares
19th March 2024 By: Tasneem Bulbulia

Saturn Resources (Bidco) confirms that it has reached an agreement with the independent Shanta directors on the terms of a recommended increased and final cash offer by Bidco for the entire issued,... 


Thirteen miners trapped in Russian gold mine, authorities say
19th March 2024 By: Reuters

Thirteen miners were trapped after a rock fall in a gold mine in Russia's Amur region, Russia's Ministry of Emergency Situations said on Tuesday. "Communications are being restored and mechanized... 


Uganda gold exports jump more than 10-fold in 2023, says central bank
19th March 2024 By: Reuters

Uganda's gold exports surged more than ten-fold in 2023 despite US sanctions on a major processor in the East African country, data from the central bank showed on Tuesday. Uganda, which has... 


Gold bars
Dirty gold can still slip into London market, rights groups say
19th March 2024 By: Reuters

The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold market, needs to do more to exclude gold linked to human rights abuses or criminality from... 


FireFly strengthens board to drive copper growth plans
19th March 2024 By: Creamer Media Reporter

Emerging copper/gold company FireFly Metals is fortifying its leadership team with the appointment of Kevin Tomlinson as nonexecutive chairperson. Tomlinson, who has been serving as a nonexecutive... 


Mining operations at Hummingbird’s Kouroussa mine temporarily suspended
18th March 2024 By: Sabrina Jardim

The principal contract miner at Aim-listed Hummingbird’s Kouroussa gold mine, in Guinea has temporarily suspended mining operations as of March 17 as a result of various contractual disputes.... 


Sibanye-Stillwater completes acquisition of Reldan
18th March 2024 By: Tasneem Bulbulia

Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November... 


Black Cat taps new finance chief to secure debt for Paulsens
18th March 2024 By: Creamer Media Reporter

Gold developer Black Cat Syndicate has appointed Nick Dwyer as CFO, succeeding David Lim, who has resigned from the company. Dwyer most recently worked as CFO of TSX-listed Mandalay Resources and... 


Barrick CEO Mark Bristow
Barrick tackling Pueblo Viejo ‘teething problems’
15th March 2024 By: Mariaan Webb

Gold and copper miner Barrick has experienced “teething problems” at its flagship Dominican Republic growth project, CEO Mark Bristow said on Friday, but added that the Pueblo Viejo expansion... 


The Stibnite project
Cherry succeeds Sayer as Perpetua CEO
15th March 2024 By: Mariaan Webb

Perpetua Resources, the company behind the Stibnite gold project in the US, has a new CEO. Mining veteran Jon Cherry has been appointed president and CEO, succeeding Laurel Sayer, who notified the... 


Gold, hydrogen, mining boost make headlines
Gold, hydrogen, mining boost make headlines
15th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer talks about he South African gold producer that’s going public through a business combination with a US group; Elemental Energy on a... 


Black Cat replaces funding package for Paulsens restart
Black Cat replaces funding package for Paulsens restart
15th March 2024 By: Mariaan Webb

Gold company Black Cat Syndicated has replaced its A$60-million funding package to advance its vision of being a dominant player in three gold districts, the ASX-listed company announced on... 


Magazine cover image
Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


Theta secures all approvals to start mining in South Africa
14th March 2024 By: Creamer Media Reporter

ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.   


A Chrysos PhotonAssay unit
Capital achieves fourth consecutive year of strong growth
14th March 2024 By: Creamer Media Reporter

Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,... 


Wet feed has contributed to crusher failures at Westgold's Fortnum and Tuckabianna. Repairs at both plants have been completed.
Heavy rainfall halts gold mines in parts of WA
14th March 2024 By: Mariaan Webb

Recent heavy rainfall in parts of Western Australia has presented challenges for gold mines in the region, with some suspending operations owing to adverse weather conditions, impacting on their... 


Rockfall at Australia gold mine kills one worker, injures another
Rockfall at Australia gold mine kills one worker, injures another
14th March 2024 By: Reuters

A 37-year-old man has died and another was seriously injured after rocks collapsed inside an underground gold mine in Australia's Victoria state, while 28 other workers at the site were rescued,... 


Mawson subsidiary SXG to dual list in Canada
13th March 2024 By: Creamer Media Reporter

Southern Cross Gold (SXG), a subsidiary of TSX-V-listed Mawson Gold, has announced its intention to dual list in Canada. SXG was listed via an initial public offering on the ASX in May 2022... 


Talisker ore to be processed at New Afton mill
13th March 2024 By: Creamer Media Reporter

Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of... 


BC exploration remains robust despite first y-on-y drop in a decade
BC exploration remains robust despite first y-on-y drop in a decade
13th March 2024 By: Mariaan Webb

British Columbia's exploration industry has found itself resilient in the face of global headwinds, remaining strong through the impact of climbing interest rates, economic turbulence and... 


MCA CEO Tania Constable warns against the oversimplification of traditional commodities as mere
Australia risks losing economic backbone, mining industry warns
13th March 2024 By: Creamer Media Reporter

Minerals Council of Australia (MCA) CEO Tania Constable has warned that the nation is jeopardising its “economic golden goose” and has called for more support for the mining industry. In an... 


Arc Minerals raises £4m
12th March 2024 By: Sabrina Jardim

Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares... 


Qala Shallows
West Wits ready for rapid development of Qala Shallows once funding agreements conclude
12th March 2024 By: Marleny Arnoldi

ASX-listed West Wits Mining has reported a cash and cash equivalent position of $1.4-million as at December 31, which, coupled with a proposed $15.8-million debt facility with the Industrial... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


Rupert eyes B2Gold’s 70% interest in Finland JV
12th March 2024 By: Mariaan Webb

Canada-based exploration company Rupert Resources on Monday confirmed that it was in preliminary discussions with B2Gold regarding the purchase of its 70% interest in a joint venture (JV) in... 


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