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West African Resources' Sanbrado plant
West African expects new mine to boost output to at least 290 000 oz this year
21st February 2025 By: Marleny Arnoldi

ASX-listed West African Resources expects this year to be a transformative year for the company, with its new Kiaka mining centre due to start production. The company expects to produce between... 


Gold Road reports record profit
Gold Road reports record profit
21st February 2025 By: Creamer Media Reporter

Mid-tier gold producer and explorer Gold Road Resources has reported a record net profit of A$142.7-million for the 12-month period ended December 31, 2024. The company has declared a fully franked... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 



Premier, located near Stewart, British Columbia, is a high-grade gold development asset
Ascot launches up to C$65m private placement
21st February 2025 By: Creamer Media Reporter

Vancouver-based Ascot Resources has announced a best-efforts private placement offering to raise between C$60-million and C$65-million. The offering, led by Desjardins Capital Markets and BMO... 


DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
21st February 2025

Mining Weekly Editor Martin Creamer unpacks DRDGold dividends no longer being just a policy but a value; Anglo American Platinum becoming an independent fit-for-purpose PGM company; and the new... 


Newmont beats fourth-quarter profit estimate on higher gold production, prices
Newmont beats fourth-quarter profit estimate on higher gold production, prices
21st February 2025 By: Reuters

Newmont beat analysts' estimate for fourth-quarter profit on Thursday, as the world's biggest gold miner benefited from a rally in bullion prices and higher production. Average price of gold has... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


West Wits chairperson Michael Quinert
West Wits secures credit approval for R902m loan facility to advance Qala Shallows
20th February 2025 By: Sabrina Jardim

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 


La Colorada
Pan American reports record free cash flow
20th February 2025 By: Creamer Media Reporter

Canada-based, Latin America-focused Pan American Silver has reported record free cash flow for the fourth quarter and full year of 2024, supported by strong metal prices, expanding margins, and... 


The Mulatos mine in Mexico
Alamos reports record production and strong margins, driving free cash flow
20th February 2025 By: Creamer Media Reporter

Toronto- and New York-listed Alamos Gold has reported a record operational and financial performance for 2024, achieving an all-time high free cash flow of $272-million while continuing to fund... 


An image showing the Lumwana Expansion project
Barrick files technical reports for Lumwana expansion, Reko Diq projects
20th February 2025 By: Tasneem Bulbulia

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 


Caledonia appoints successor to outgoing CFO
19th February 2025 By: Creamer Media Reporter

Chester Goodburn will step down as Zimbabwe-focused gold miner Caledonia Mining Corporation's CFO on March 24 and will be succeeded by Ross Jerrard. Jerrard, aged 50, brings extensive experience in... 


The Loulo-Gounkoto complex
Barrick Gold signs agreement with Mali to end mining dispute, sources say
19th February 2025 By: Reuters

Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with... 


AngloGold CEO Alberto Calderon
Higher gold price boosts AngloGold’s headline earnings, free cash flow
19th February 2025 By: Sabrina Jardim

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 


The Stillwater mine
Sibanye-Stillwater flags narrowed 2024 full-year loss a share; a further $500m impairment
19th February 2025 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would... 


Wheaton CEO Randy Smallwood
Wheaton exceeds 2024 guidance, projects strong growth to 2029
19th February 2025 By: Creamer Media Reporter

Canadian streaming company Wheaton Precious Metals said on Tuesday that it had produced 633 000 gold-equivalent ounces (GEOs) in 2024, surpassing the upper-end of its guidance range of 620 000... 


Westgold confirms potential Lakewood mill sale
Westgold confirms potential Lakewood mill sale
19th February 2025 By: Mariaan Webb

Dual-listed gold miner Westgold Resources said on Wednesday that the review of its expanded portfolio remained ongoing and confirmed that it could include the potential sale of the Lakewood... 


Cobalt Blue diversifies, proposes name change
Cobalt Blue diversifies, proposes name change
18th February 2025 By: Creamer Media Reporter

ASX-listed Cobalt Blue Holdings (COB) on Tuesday announced an earn-in agreement with AuKing Mining for the Halls Creek project in Kimberley, Western Australia. The earn-in agreement diversifies... 


An image showing Sylvania Platinum's Mooinooi operation
Sylvania increases full-year guidance on the back of strong interim performance
18th February 2025 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


St Barbara disputes PNG tax assessment
St Barbara disputes PNG tax assessment
18th February 2025 By: Mariaan Webb

Australian gold miner St Barbara has rejected a tax assessment issued by Papua New Guinea’s Internal Revenue Commission (IRC), which demands about A$175-million in additional taxes and penalties.... 


Goldman raises gold target to $3 100 on central-bank appetite
Goldman raises gold target to $3 100 on central-bank appetite
18th February 2025 By: Bloomberg

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the... 


Ex-Glencore, Lundin execs launch firm hunting for copper, gold assets
18th February 2025 By: Reuters

Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15-billion in available... 


Barrick signs MoU with Zambia to boost mining and exploration
Resources Watch
18th February 2025

This week: Barrick signs MoU with Zambia to boost mining and exploration and, Pan African says it can operate and grow in South Africa ‘very successfully’ 


Over 40 people killed in Mali mine collapse
17th February 2025 By: Reuters

Forty-three people, mostly women, were killed after an artisanal gold mine collapsed in western Mali on Saturday, the head of an industry union said. The accident took place near the town of... 


Gold holds biggest loss since December on concern rally overdone
Gold holds biggest loss since December on concern rally overdone
17th February 2025 By: Bloomberg

Gold steadied following its largest one-day decline in two months, with the slump sparked by investor concern that the metal’s recent record-breaking rally may have been overdone. Bullion traded... 


Agnico nears world’s No. 2 gold miner spot with output targets
Agnico nears world’s No. 2 gold miner spot with output targets
17th February 2025 By: Bloomberg

Agnico Eagle Mines is threatening to snag the title of world’s second-largest gold producer from one of its top rivals. The Canadian mining company aims to churn out 3.3-million to 3.5-million... 


Besra Gold announces board changes
14th February 2025 By: Creamer Media Reporter

ASX-listed Besra Gold has announced a change in its board leadership, with Dato’ Lim Khong Soon stepping aside as chairperson. In an interim capacity, the board has appointed Jon Morda as... 


London Bullion Market Associaion CEO Ruth Crowell.
When informal gold mining becomes illegal, the Mr Bigs can take advantage, LBMA warns
14th February 2025 By: Martin Creamer

One of the major subjects the London Bullion Market Association (LBMA) talked to governments about at the Investing in African Mining Indaba was how to move an informal gold mining landscape to a... 


Blanket mine, in Zimbabwe
Caledonia adds global mining, capital market experts to its board
14th February 2025 By: Marleny Arnoldi

NYSE- and Aim-listed gold miner Caledonia Mining has appointed Stefan Buys and Lesley Goldwasser as independent nonexecutive directors, effective immediately. The company also announces the... 


Perpetua starts detailed engineering as it moves Stibnite towards investment decision
Perpetua starts detailed engineering as it moves Stibnite towards investment decision
14th February 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua is advancing its Stibnite gold project in Idaho, announcing on Thursday the start of detailed engineering and a procurement contract with Idaho Power for powerline... 


Photo of Martin Creamer
Barrick’s Zambia MoU, Brics beneficiation, and KwaZulu-Natal aluminium green shift
14th February 2025

Mining Weekly Editor Martin Creamer discusses Barrick’s MoU with Zambia to boost mining and exploration; Brics's role in beneficiation on the African continent; and the big aluminium producer in... 


Canadian investors add gold, uranium stocks as trade war risk grows
Canadian investors add gold, uranium stocks as trade war risk grows
14th February 2025 By: Reuters

As the threat of a trade war grows, Canadian investors are seeking protection in gold and in shares of companies producing goods with few substitutes, such as uranium, while looking to take... 


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