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ASX-listed unhedged gold mining company West African Resources produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a...
An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The...
Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly...
Canadian miner Iamgold has announced the execution of a forward gold sale arrangement and a partial amendment to an existing gold prepay agreement to optimise its financial position. The net...
West Africa’s mining and industrial sectors are characterised by growth and challenges, says multinational banking and financial services provider Absa Corporate and Investment Banking (CIB)...
In its constant drive to increase its representation and relevance in the country’s mining sector, Zimbabwe-focused explorer, developer and miner Caledonia Mining Corporation has changed its mining...
Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,...
Gold miner Harmony Gold has concluded a landmark five-year wage agreement in respect of increases to wages and other conditions of service with its five labour unions, being the coalition, which...
Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in...
African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on...
Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2...
Intermediate gold producer Alamos Gold has completed the previously announced acquisition of TSX-V-listed Ordford Mining. The Ontario Superior Court of Justice granted the final order on April 2...
TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary...
The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold...
Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an...
Gold held near a fresh record and silver hit a two-year high as two Federal Reserve officials said they still expect the US central bank to cut rates three times in 2024, buoying the outlook for...
The long-awaited McPhillamys project, in New South Wales, would require about A$1-billion before it produced its first gold, owner Regis Resources said on Wednesday. In a definitive feasibility...
Argentinean businessman and entrepreneur Eduardo Elsztain has acquired an initial 5% stake in Challenger Gold and has signalled an intention to take a larger stake pending a more detailed due...
Bill Trew has stepped down as chairperson of Aim-listed Goldstone Resources, effective April 1. Further, the company, which owns gold exploration assets in Ghana, continues to advance its capital...
JSE- and NYSE-listed Gold Fields on Tuesday cautioned of lower first-quarter production, citing operational challenges at the South Deep mine, in South Africa, and weather-related events in...
The new Salares Norte mine, in Chile, has produced its first gold, Johannesburg- and New York-listed Gold Fields reported on Tuesday. The new mine, which is key to the company achieving its gold...
Operations at the Gruyere joint venture (JV), in Western Australia’s north-eastern Goldfields, will start resuming during the first week of April, midtier miner Gold Road Resources reported on...
Mining services firm Barminco has been awarded a A$393-million, three-year contract at Regis Resources’ Duketon operations, in the Goldfields region of Western Australia, ASX-listed Perenti...
Canada-focused FireFly Metals has announced A$52-million in funding to accelerate resource growth at its Green Bay copper and gold project, in Newfoundland. The Australia-listed company last week...
NYSE- and TSX-listed Iamgold has successfully completed the inaugural gold pour at its newest mine in Canada – Côté, in Ontario. The company now has three operating mines, joining Essakane, in...
Gold rose to a record as the second quarter kicked off, extending a rally that’s been driven the Federal Reserve edging closer to rate cuts and deepening geopolitical tensions. Bullion jumped as...
Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to...
Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the...
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on...
Gold miner Caledonia Mining notes in its operating and financial results for the year ended December 31, 2023, that its performance was in line with both market expectations and production...
The Mineral Resources Authority (MRA) of Papua New Guinea has instructed a temporary halt to underground operations at the Kainantu gold mine operated by K92 Mining. This directive follows an...
Karora Resources, a Western Australia-focused mining company listed on the TSX, announced on Wednesday that it has concluded discussions with Ramelius Resources and that it is now exploring...
Canadian miner Alamos Gold has announced its acquisition of smaller rival Argonaut in an all-stock deal valued at $325-million. The move is poised to create a gold miner with a combined long-term...
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