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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... 


O3 Mining sells Quebec property to Eldorado
12th March 2024 By: Creamer Media Reporter

Gold explorer and developer O3 Mining has sold its Louvem property, in Val-d’Or, Quebec, to Eldorado Gold for C$80 000 and the retention of a 0.5% net smelter return (NSR) royalty. Eldorado has... 


From left Orion Resource Partners’ Andrew Ham, Rigel’s Stephen Saunders, Aurous CEO Richard Floyd, Citi’s Michael Cramer, and Citi South Africa’s Flint McGregor.
South African gold producer to go public in combination with US group
11th March 2024 By: Martin Creamer

South African gold producer Aurous, which owns and operates the Blyvoor gold mine and the Gauta tailings retreatment project on Gauteng's West Rand, has announced plans to go public through a... 


Gold bars
Gold pushes toward record as test of $2 200 looms on Fed outlook
11th March 2024 By: Bloomberg

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying... 


Gold Fields' Khanyisa solar plant at South Deep
Gold Fields to build its biggest renewable energy project yet at St Ives
11th March 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields’ board has approved a A$296-million, or $195-million, renewable energy project to be built at the St Ives mine, in Western Australia. The plant, comprising 42 MW... 


SSR makes changes to its leadership team
11th March 2024 By: Creamer Media Reporter

US-based SSR Mining has reorganised key roles and responsibilities within its executive leadership team. The leadership changes include appointing executive VP, chief legal and administrative... 


Prime Minister Marcel Ciolacu
Gabriel Resources loses damage claim against Romania for failed gold mine project
11th March 2024 By: Reuters

The Romanian government said on Friday it won an arbitrage trial filed by Canada's Gabriel Resources, which wanted compensation after its plan to build Europe's largest open cast gold mine in the... 


Australia gold production dips, but Close says nothing to worry about
Australia gold production dips, but Close says nothing to worry about
11th March 2024 By: Creamer Media Reporter

Australian gold production reduced by 3%, or 9 t, to 304 t last year, Melbourne-based gold mining consultant Surbiton Associates reported on Sunday, but director Dr Sandra Close said that the drop... 


Gold surge could dull Indian wedding season demand; China outlook robust
Gold surge could dull Indian wedding season demand; China outlook robust
8th March 2024 By: Reuters

A surge in global gold prices to record highs could dampen consumption during the wedding season in India, but top buyer China will see robust safe-haven demand this year, analysts and traders... 


Resolute Mining maintains mineral resources owing to exploration success
8th March 2024 By: Tasneem Bulbulia

ASX- and London-listed Resolute Mining has published its Annual Ore Reserve and Resource Statement as at December 31, 2023, which indicates that total mineral resources have been maintained at... 


Gold bars
Perseus extends OreCorp takeover offer window to April 19
8th March 2024 By: Marleny Arnoldi

ASX-listed Perseus Mining has released a second supplementary bidder’s statement in relation to its off-market takeover bid for all issued ordinary shares of fellow-listed OreCorp, which extends... 


Kavango to start earning revenue from Zimbabwe project
8th March 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has formed a new subsidiary in Zimbabwe, Kavango Mining, which will become its mining arm in the country. Moreover, the company has signed its first contract to... 


Integra receives first cash installment in Wheaton royalty transaction
8th March 2024 By: Creamer Media Reporter

Precious metals exploration and development company Integra Resources has closed the previously announced royalty transaction with Wheaton Precious Metals and has received its first cash... 


Panama asks First Quantum to suspend visitor program at disputed copper mine
Panama asks First Quantum to suspend visitor program at disputed copper mine
8th March 2024 By: Reuters

anama said on Wednesday it had asked First Quantum Minerals to suspend a visitor program launched last month at the disputed Cobre Panama mine, saying the miner did not consult the government... 


Ramelius owns the Edna May mine.
Australian explorer Ramelius confirms talks to acquire Karora Resources
8th March 2024 By: Reuters

Australian gold miner Ramelius Resources on Friday confirmed it is in discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius were up... 


Encouraging exploration buoys Côte d’Ivoire prospect
8th March 2024 By: Simone Liedtke

Canada-based precious metals miner Fortuna Silver has reported several emerging prospects at its West African Séguéla mine, in Côte d’Ivoire, of which its Badior prospect stands out, with... 


Gold bars
Gold-backed ETFs record ninth month of outflows
7th March 2024 By: Marleny Arnoldi

Gold-backed exchange-traded flows (ETFs) recorded another outflow in February, extending their losing streak to nine months, with North America in the lead. Total assets under management... 


Lady Julie one of Australia’s highest margin undeveloped projects – Magnetic
7th March 2024 By: Creamer Media Reporter

The Lady Julie gold project, near Laverton, in Western Australia, is technically and financially robust, ASX-listed Magnetic Resources reported on Thursday. A prefeasibility study has confirmed... 


mine shaft head
Kilimapesa restart on track following mill relining in January
7th March 2024 By: Darren Parker

Progress at the Kilimapesa mine, in Kenya, is on track since the relining of the mill in January and the restart of production, London-listed Caracal Gold CEO Robbie McCrae has said. “We look... 


Tsumeb is one of the few smelters globally that can treat complex polymetallic concentrates, including those with higher arsenic content.
Chinese group to buy Dundee's Namibia smelter
7th March 2024 By: Mariaan Webb

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 


$3.2bn investment commitment for SolGold’s Ecuador project
$3.2bn investment commitment for SolGold’s Ecuador project
7th March 2024 By: Mariaan Webb

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 


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