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Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost...
NYSE- and TSX-listed Barrick Mining Corporation invested more than $48-million in community-led projects in 2024 through its community development committees (CDCs), the company said in its 2024...
ASX- and OTCQB-listed West Wits Mining is advancing through the mobilisation phase at its flagship Qala Shallows project, in South Africa, as the team progresses toward first gold production, the...
Aim-listed gold recovery company Goldplat has advised that, despite an excellent operational performance for the three months ended June 30, the company results for the full 12 months to June 30...
Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that...
Gold’s historic price surge has opened the door to margin expansion for producers, but Australian gold and copper miner Evolution Mining MD and CEO Lawrie Conway has cautioned the sector to avoid...
The market capitalisation of Western Australia’s listed entities climbed 3.7% over the past financial year to A$362.7-billion, buoyed by soaring gold prices and a wave of mergers and acquisitions,...
Australia’s leading gold miners are sitting on war chests of cash and bullion worth hundreds of millions of dollars as record gold prices swell balance sheets and prompt questions about how...
LSE-listed Caracal Gold has entered into an exclusivity agreement with Tanzanian mining and exploration company Pumba Resources in respect of its portfolio of gold prospecting licence applications...
US-based Newmont has unlocked a $100-million payment from Zijin Mining following the ratification of the Akyem East mining lease by Ghana’s Parliament, marking a key milestone in the company’s...
The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights...
After 12 years, Jeff Quartermaine will retire as MD and CEO of ASX-listed Perseus Mining, with effect from September 30. Quartermaine will be succeeded by Craig Jones, who will begin work with...
Vancouver-based Eldorado Gold said on Thursday that its Skouries copper/gold project in northern Greece had reached 70% completion, keeping the company on track to deliver first production in the...
Gold miner Newmont has sold its entire stake in Orosur Mining, marking a complete exit from the junior South America-focused exploration company. The world’s biggest gold producer announced...
A set of hydraulically operated Corflex pinch valves, installed in 2018 at a major North African gold mine, has delivered seven years of uninterrupted service in one of the continent’s most...
Gold miner Ramelius Resources has completed its acquisition of Spartan Resources by way of a scheme of arrangement, positioning the merged group to pursue a production target of 500 000 oz/y within...
London-listed Endeavour Mining recorded a strong second quarter, capping an “excellent” first half of the year with 647 000 oz of gold produced at an all-in sustaining cost (AISC) of $1 281/oz,...
Amid a high price environment, the World Gold Council (WGC) has reported that total gold demand, including over-the-counter investment, increased by 3% year-on-year to 1 249 t for the second...
TSX- and NYSE-listed Alamos Gold on Wednesday reported a strong second quarter, with a 10% rise in gold production and an 18% drop in all-in sustaining costs (AISC), leading to record cash flow...
Precious metals miner Kinross Gold posted a sharp rise in free cash flow and earnings in the second quarter, driven by stronger margins and robust production across its mine portfolio. The...
Aim-listed gemstone miner Gemfields has reported total auction revenues of $60-million for the half year ended June 30. The company also reports a net debt position of $59.6-million, before auction...
Canadian miner Agnico Eagle Mines posted record free cash flow in the second quarter and reaffirmed its full-year production guidance as higher gold prices, cost control and strong mine performance...
The recent trend towards accumulating gold as a means of reserve diversification in sub-Saharan Africa and emerging markets more broadly is not without risk, with the two primary ones being price...
Integrated engineering, project, construction and asset management company Lycopodium has been awarded A$48-million engineering, procurement and construction management (EPCM) contract for the...
Precious metals miner Americas Gold and Silver has reported a 54% quarter-on-quarter increase in silver production in the second quarter of 2025, delivering 689 000 oz of silver compared with 446...
London-listed Endeavour Mining and two other gold producers have agreed to migrate to Mali’s new mining code, government officials said. The code, which raises taxes and seeks to hand over big...
Canadian exploration company Hercules Metals has entered a strategic agreement with Barrick Gold to consolidate control of a 73-km copper belt surrounding its flagship Leviathan discovery in...
Gold could hit $4 000/oz by the end of next year as the Federal Reserve lowers interest rates to cushion the US economy, the dollar drops, and central banks keep expanding holdings, according to...
ASX-listed Resolute Mining continued to deliver during the second quarter, ended June 30, including advancing its strategic growth initiatives at the Syama operation, in Mali, and the Mako...
US-based engineering group Fluor has received the final notice to proceed from Barrick Mining on the development of the multibillion-dollar Reko Diq copper project in Pakistan. Fluor was named...
Emerging copper company CuFe has published a scoping study for its Orlando openpit copper/gold project in the Northern Territory, delivering a pre-tax net present value (NPV) of about A$355-million...
Canada-headquartered Majestic Gold has suspended operations at its Denggezhuang (DGZ) underground mine in China’s Shandong province following a fatal accident involving a mineworker struck by loose...
Canadian miner Kinross Gold has divested its entire equity interest in White Gold, selling 23.68-million shares for C$6.87-million. The shares, representing about 12% of White Gold’s outstanding...
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