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First Mining receives permits for temporary winter road to Springpole
27th February 2024 By: Creamer Media Reporter

Toronto-listed First Mining has received construction permits for a temporary winter road to the Springpole gold project exploration camp site, which will allow for the safe transport of supplies... 


An aerial view of the Sabodala-Massawa Expansion project
Sabodala-Massawa Expansion project on track for first gold pour in May
27th February 2024 By: Creamer Media Reporter

Wet commissioning activities are now under way at the Sabodala-Massawa Expansion project, also called the BIOX Expansion project, in Senegal, says London- and Toronto-listed Endeavour Mining. The... 


Fury Gold Mines buys Éléonore South from Newmont
Fury Gold Mines buys Éléonore South from Newmont
27th February 2024 By: Creamer Media Reporter

Canada-focused exploration company Fury Gold Mines on Monday announced that it would buy Newmont’s 49.978% interest in the Éléonore South project for C$3-million. Situated in a prolific... 


Northern Star shows support for PolarX
Northern Star shows support for PolarX
27th February 2024 By: Creamer Media Reporter

Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will... 


Cameroon flag
Oriole confirms high-grade mineralisation at Mbe from partner’s soil sampling
26th February 2024 By: Marleny Arnoldi

Sub-Saharan African miner BCM International Group has uncovered gold mineralisation grading 256 g/t from outcrop sampling and 25.1 g/t gold from pit sampling over a 3-km-long target on the Mbe gold... 


Yintai Gold to buy Canadian gold exploration firm Osino for C$368m
26th February 2024 By: Reuters

China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368-million. Osino will end its C$287-million deal with Canadian... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


Hudbay guides higher copper, lower gold output for 2024
26th February 2024 By: Creamer Media Reporter

Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong... 


Western Copper appoints new CEO
26th February 2024 By: Creamer Media Reporter

Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect. Singh will work closely with Paul West-Sells, who... 


Montage upsizes financing, makes leadership changes
26th February 2024 By: Mariaan Webb

Canadian precious metals explorer and developer Montage Gold on Friday announced an upsized private placement financing of C$35-million. The company, which is listed on the TSX-V, increased its... 


AngloGold Ashanti CEO Alberto Calderon
AngloGold moves forward with studies for Nevada starter project
26th February 2024 By: Mariaan Webb

The board of multinational miner AngloGold Ashanti has given the green light for the North Bullfrog project’s feasibility study to progress into detailed engineering. This represents a crucial... 


AngloGold Ashanti CEO Alberto Calderon
AngloGold reports dip in full-year profit, but strong free cash flow generation and production
23rd February 2024 By: Marleny Arnoldi

Diversified miner AngloGold Ashanti has reported a strong performance in the 2023 financial year, having achieved production guidance at 2.6-million ounces and $109-million of free cash flow. The... 


Xtract's Kalenga copper project, in Zambia
Xtract concludes Manica disposal
23rd February 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has concluded the disposal of its entire interest in the Manica gold project, in Mozambique. The company in January agreed terms for the disposal of its 23% net profit... 


Perseus expresses interest in Newmont’s Ghana mine sale
Perseus expresses interest in Newmont’s Ghana mine sale
23rd February 2024 By: Mariaan Webb

Australian miner Perseus Mining will be interested in acquiring the Akyem mine, in Ghana, chairperson and CEO Jeff Quartermaine said on Friday. This follows Newmont’s announcement on Thursday of... 


Perseus chairperson and CEO Jeff Quartermaine
Perseus posts 21% increase in interim profit
23rd February 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has posted an 18% year-on-year improvement in earnings before interest, taxes, depreciation and amortisation to $280-million, as well as a 21% increase in profit... 


Eldorado lifts capex estimate for Greece mining project
Eldorado lifts capex estimate for Greece mining project
23rd February 2024 By: Mariaan Webb

Canada-based Eldorado Gold has increased the capital expenditure (capex) estimate of the Skouries project, in Greece, to $920-million, but between the project finance facility and balance sheet,... 


Natascha Viljoen
Atkinson’s responsibilities shift to new COO Natascha Viljoen
23rd February 2024 By: Creamer Media Reporter

Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha... 


Man in hard hat assessing Enduron high-pressure grinding rolls
Smarter mining key amid current market conditions
23rd February 2024 By: Tracy Hancock

Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a... 


Sylvania reports positive results despite lower PGM prices
22nd February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower... 


Gold Fields' Damang mine, in Ghana
Gold Fields posts higher full-year earnings, maintains dividend at R7.45
22nd February 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields has declared a total dividend of R7.45 a share for the year ended December 31, with $703-million in attributable profit having been generated. The attributable... 


Equinox targets one-third production jump this year
22nd February 2024 By: Creamer Media Reporter

Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven... 


Harmony's Moab Khotsong mine
Harmony's shares rise on higher earnings outlook
22nd February 2024 By: Creamer Media Reporter

JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to... 


Record dividend for Northern Star as growth strategy delivers cash earnings boost
Record dividend for Northern Star as growth strategy delivers cash earnings boost
22nd February 2024 By: Mariaan Webb

Australian gold miner Northern Star on Thursday declared a record interim dividend of 15c a share, complementing its A$300-million share buyback programme that remains open. Driven by higher gold... 


Illegal miners
Criminal Asset Recovery Fund, not fiscus, to fund SANDF’s war on illegal mining
21st February 2024 By: Darren Parker

The Portfolio Committee on Defence and Military Veterans has claimed that the deployment of the South African National Defence Force (SANDF) in support of the South African Police Service to... 


An image of Perseus CEO and chairperson Jeff Quartermaine
Perseus enters into co-investment cooperation agreement with Saudi company
21st February 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has entered into a cooperation agreement with Ajlan & Bros Mining & Metals Company (ABM), the mining division of Saudi Arabia-based investment conglomerate... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


An image of West Wits chairperson Michael Quinert
South Africa’s IDC begins due diligence work for Qala Shallows project funding
21st February 2024 By: Tasneem Bulbulia

South African development finance institution the Industrial Development Corporation (IDC) has begun work to complete its due diligence investigation as part of its proposed R300-million (about... 


Copper, gold to get 'largest immediate' boost from Fed easing, Goldman says
21st February 2024 By: Reuters

Copper and gold are expected to see the largest immediate price boost in the commodities sector from potential US Federal Reserve interest rate cuts, analysts at Goldman Sachs said. "The immediate... 


Abcourt restarts Sleeping Giant mill
21st February 2024 By: Creamer Media Reporter

Toronto-listed Abcourt Mines on February 13 started processing gold at its Sleeping Giant mill,near Amos, Quebec. The mill operated at 20 t/h during this first week. On Monday, the mill began to... 


The water treatment plant at the Premier gold mine, in British Columbia.
Early commissioning under way at Ascot’s Premier gold mine
21st February 2024 By: Mariaan Webb

Construction of the Premier gold project, in the prolific Golden Triangle of north-western British Columbia, is nearing completion and early commissioning is now under way. First ore delivery to... 


DRDGOLD’s business model is ESG in action
DRDGOLD’s business model is ESG in action
20th February 2024 By: Tracy Hancock

Considering that environmental, social and governance (ESG) aspects have become increasingly important over the years, especially in the mining industry, gold producer DRDGOLD emphasises that its... 


The Twin Hill project area in Namibia
Osino ditches Dundee for superior proposal from foreign suitor
20th February 2024 By: Mariaan Webb

Canada-based Osino Resources is walking away from a takeover by gold miner Dundee Precious Metals (DPM) and has instead opted to accept an offer from a foreign-based mining company. The... 


Forge Academy launches new 4IR training centre in partnership with Sibanye-Stillwater
19th February 2024 By: Schalk Burger

Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two... 


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