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Greenland gold mine sees rush of investors in new funding round
Greenland gold mine sees rush of investors in new funding round
12th June 2025 By: Bloomberg

Amaroq Minerals, which mines for gold in Greenland, has secured international backing in an oversubscribed fundraising round, underscoring rising interest in Arctic resources. Greenland and its... 


South Africa's mining production decreases 7.7% y/y in April
12th June 2025 By: Sabrina Jardim

According to Statistics South Africa (Stats SA), the country's mining production decreased by 7.7% year-on-year in April, with platinum group metals (PGMs) and gold having made the largest negative... 


African Rainbow Minerals, Harmony Gold enter hedging collar transaction
12th June 2025 By: Martin Creamer

Diversified mining company African Rainbow Minerals Limited (ARM), an associate of Dr Patrice Motsepe, has entered into a hedging collar transaction over 18-million ordinary shares of ARM's equity... 


Burkina Faso completes nationalisation of five gold mining assets
12th June 2025 By: Reuters

Burkina Faso has completed the transfer of five gold mining assets to the country's state-owned miner, according to a decree published late on Wednesday, finalising a process that began in August... 


Zambia’s South Africa-based cadastre system developer re-engaged, Ministry confirms
12th June 2025 By: Martin Creamer

Zambia’s South Africa-developed mining cadastre licensing system portals have been reactivated, the Ministry of Mines and Mineral Development has confirmed. “The disruption was due to the... 


First ore being fed into the crusher on June 11.
Meeka begins commissioning at Murchison gold project
12th June 2025 By: Creamer Media Reporter

Meeka Metals has begun its transition from gold project developer to producer with commissioning of its Murchison project in Western Australia getting under way. The ASX-listed company said on... 


South Africa President Cyril Ramaphosa flanked by CFM Green Hydrogen executive’s Sebastiaan Surie (left) and Hive Hydrogen chairperson Thulani Gcabashe.
South Africa’s green hydrogen sector boosted by big-ticket funding commitments
12th June 2025 By: Martin Creamer

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s... 


Resolute appoints new COO as Montgomery steps down
12th June 2025 By: Sabrina Jardim

London- and Australia-listed Resolute Mining has appointed Gavin Harris COO, effective July 1, following the decision by Geoff Montgomery to step down as COO. Resolute notes that Montgomery will... 


Perpetua secures $400m as part of Stibnite financing push
Perpetua secures $400m as part of Stibnite financing push
12th June 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua Resources has locked in $400-million in equity commitments through a bought deal financing and private placement, advancing a funding plan for its flagship Stibnite... 


A dumper truck at the Loulo-Gounkoto complex
Barrick Mining removes Mali gold complex from 2025 output forecast, sources say
12th June 2025 By: Reuters

Barrick Mining has removed its Mali gold complex from its overall output forecast for 2025, four sources told Reuters, adding to fallout from a two-year dispute over new mining legislation aimed at... 


AngloGold to join Russell 3000, other Russell equity indexes
11th June 2025 By: Creamer Media Reporter

Global gold miner AngloGold Ashanti has been named for the first time as a preliminary addition to the Russell 1000 or Russell 2000, the Russell 3000 and the Russell Midcap Indexes, as part of the... 


Mogale Tailings Retreatment plant,
Pan African proves it can commission large gold projects abroad with aplomb
11th June 2025 By: Martin Creamer

South Africa witnessed Pan African build the Mogale Tailings Retreatment (MTR) gold project on Johannesburg’s West Rand ahead of schedule and below budget. Now Australia is witnessing this... 


Resolution enters US critical minerals race with Horse Heaven acquisition
Resolution enters US critical minerals race with Horse Heaven acquisition
11th June 2025 By: Mariaan Webb

ASX-listed Resolution Minerals on Wednesday announced a binding agreement to acquire the Horse Heaven antimony/gold/tungsten project in Idaho, US. Horse Heaven is located in the historical... 


A graph setting out Perseus's five-year production and AISC outlook
Perseus sets five-year production guidance at up to 535 000 oz/y
11th June 2025 By: Creamer Media Reporter

ASX- and TSX-listed gold miner Perseus Mining has set its production guidance for the 2026 to 2030 financial years at between 515 000 oz/y and 535 000 oz/y, for total output of 2.6-million to... 


A gold mining operation in Zimbabwe
Gold rally brings riches to rural Zimbabwe
11th June 2025 By: Bloomberg

In Filabusi, in south-eastern Zimbabwe the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the... 


Tudor to acquire American Creek, increasing Treaty Creek stake to 80%
10th June 2025 By: Creamer Media Reporter

TSX-V-listed Tudor Gold has entered into a binding letter of intent to acquire American Creek Resources in an all-share transaction that will increase its ownership in the Treaty Creek gold/copper... 


The TGME is a past-producing operation near Pilgrim's Rest
South Africa's IDC approves R622m loan for Theta's TGME underground mine project
10th June 2025 By: Creamer Media Reporter

Development finance institution the Industrial Development Corporation of South Africa (IDC) has extended a credit-approved loan facility agreement for R622-million, or about A$53.8-million, to... 


The Mara Rosa mine
Hochschild shares plunge 20% after Brazil gold mine shutdown
10th June 2025 By: Reuters

Hochschild Mining issued a six-week shutdown at its Mara Rosa mine, following lower-than-expected gold output by the end of May, the British precious metals company said on Tuesday, sending shares... 


Cascadia, Granite Creek to merge, creating Yukon copper/gold company
10th June 2025 By: Creamer Media Reporter

Canadian juniors Cascadia Minerals and Granite Creek Copper have announced a merger agreement that will consolidate two complementary project portfolios in the Yukon, creating a new copper/gold... 


Allied Gold CEO Peter Morrone
Canada's Allied Gold could look at options for power supply deal at Sadiola mine
10th June 2025 By: Reuters

Canadian miner Allied Gold could look at alternative options for a power supply deal at its Sadiola mine in Mali following a surge in gold prices and the emergence of new opportunities,its CEO told... 


FireFly builds A$135m war chest to fast-track Green Bay copper/gold project
FireFly builds A$135m war chest to fast-track Green Bay copper/gold project
10th June 2025 By: Mariaan Webb

Dual-listed FireFly Metals has raised A$135-million to advance its Green Bay copper/gold project in Newfoundland and Labrador, boosting its balance sheet to fund aggressive exploration and... 


Galantas inks deal to advance stalled Omagh project
Galantas inks deal to advance stalled Omagh project
9th June 2025 By: Mariaan Webb

TSX-V- and Aim-listed Galantas Gold has struck a deal with Ocean Partners UK to advance the Omagh gold project in Northern Ireland, a move the Canadian junior says marks a “turning point” for the... 


West Cobar brings Mystique into its fold
9th June 2025 By: Creamer Media Reporter

ASX-listed West Cobar has completed the acquisition of the Mystique project – an exploration licence in the Fraser Range province of Western Australia – from base metals miner IGO. The licence... 


The New Prosperity project is located in the Teztan Biny, or Fish Lake area, which is territory of the Tŝilhqot’in Nation.
Taseko, Tŝilhqot’in Nation and BC reach agreement on New Prosperity
9th June 2025 By: Mariaan Webb

Canadian miner Taseko Mines has reached an agreement with the Tŝilhqot’in Nation and the province of British Columbia to resolve a decades-long dispute over the New Prosperity copper/gold project,... 


Australian gold output down, but margins strong amid record prices - Surbiton
Australian gold output down, but margins strong amid record prices - Surbiton
9th June 2025 By: Creamer Media Reporter

Australian gold mine production totalled 73 t in the March quarter of 2025 – 6 t (or 7%) less than in the December quarter, but 3 t (or 4%) more than in the March quarter of 2024, according to... 


gold bars
Global gold supply to rise by 1% this year, report shows
6th June 2025 By: Darren Parker

Significant gains in gold mine production will lift total global gold supply by 1% this year, precious metals consultancy Metals Focus has revealed in its newly published ‘Gold Focus 2025’ report.... 


Namib Minerals, Hennessy Capital Investment Corp VI announce closing of business combination
6th June 2025 By: Sabrina Jardim

Diversified miner Namib Minerals, Greenstone Corporation – a subsidiary of Namib – and Nasdaq-listed Hennessy Capital Investment Corporation VI (HCVI) – a special purpose acquisition company – have... 


Gold-mining ETFs losing their shine following torrid 2025 rally
Gold-mining ETFs losing their shine following torrid 2025 rally
6th June 2025 By: Bloomberg

Investors are exiting exchange-traded funds that track the shares of gold-mining companies, a sign that the high-flying sector’s allure may be dimming even as prices for the precious metal remain... 


St Barbara acquires 14.4% stake in Geopacific Resources
St Barbara acquires 14.4% stake in Geopacific Resources
6th June 2025 By: Creamer Media Reporter

Gold producer St Barbara will acquire a 14.4% interest in Geopacific Resources through a share transaction with Patronus Resources, aligning the company with the development of the... 


Ora Banda trims '25 production guidance
Ora Banda trims '25 production guidance
6th June 2025 By: Mariaan Webb

ASX-listed Ora Banda Mining trimmed its gold production guidance for the 2025 financial year and flagged higher costs as extended mill downtime and slower-than-expected commissioning impacted... 


Mali hearing on Barrick's Loulo-Gounkoto complex adjourned to June 12
5th June 2025 By: Reuters

A Malian court has adjourned until June 12 a hearing on whether to put the Loulo-Gounkoto gold mining complex, suspended since January due to a dispute between its owner Barrick Mining and Mali's... 


Zambia's cadastre system is reportedly not functioning.
Zambia’s mining licence cadastre system is reportedly not functioning
5th June 2025 By: Martin Creamer

The mining licence cadastre system of Zambia is reportedly not functioning. “We understand that the platform they were building to handle the cadastre function, called ZIMIS, has been a failure.... 


FireFly raises cash for Canada copper/gold project
5th June 2025 By: Creamer Media Reporter

ASX- and TSX-listed FireFly Metals has announced a C$25.8-million bought deal equity financing in Canada and an A$46-million equity raise in Australia to fund development and exploration at its... 


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