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Harmony Gold Mining Company, South Africa’s biggest gold mining company, is proving itself to be a great South African asset and it’s booming at the moment, not only because the gold price is so...
Understanding the drivers of the adoption of new technology in the mining industry has never been more pertinent, as the world adapts to climate change and manages an uncertain economic outlook and...
Mining Weekly Editor Martin Creamer discusses Exxaro and Transnet Freight Rail's service agreement to improve the performance of logistics channels; Master Drilling’s new technology that promises...
Multinational mining and metals processing group Sibanye-Stillwater has reported pleasing results for the six months ended June 30, with all group operations other than the South African gold...
Platinum group metals (PGMs) miner Impala Platinum (Implats) has reported weaker earnings for the financial year ended June 30, but says it will maintain shareholder returns, declaring a final...
It’s records all round for South Africa’s largest gold mining company Harmony, which on Thursday reported record-high free cash flow of R11-billion-plus at a 16% margin and a record final dividend...
Canadian miner Equinox Gold has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected within the next month. “I am pleased to announce that our...
Moody’s Ratings has upgraded gold miner Newmont’s issuer credit rating to A3 from Baa1, with a stable outlook, the NYSE-, TSX- and ASX-listed miner reported on Thursday. The upgrade, the company...
ussia's largest gold producer Polyus posted a 20% year-on-year jump in first-half profit to $1.4-billion on Wednesday, reflecting high global prices that offset reduced sales. The company's board,...
African nations can leverage their critical mineral endowments to move beyond traditional extraction models and capture significantly greater value across the entire mining-to-manufacturing value...
Kyrgyzstan on Wednesday began underground gold mining at Kumtor, one of the largest deposits in Central Asia, which the government said could hold as many as 147 metric tons of gold reserves....
ASX-listed PolarX has struck an agreement with Australia’s largest listed gold miner, Northern Star Resources, paving the way for a staged investment of up to $39-million to advance the Alaska...
Britain's Hochschild Mining slashed full-year production forecast for its Mara Rosa mine by more than half on Wednesday, months after a shutdown due to lacklustre gold output, sending shares down...
Newmont, the world’s largest gold miner, is studying plans to drive down costs that could lead to deep job cuts, following its $15-billion acquisition of Newcrest Mining in 2023. The company’s...
The new mining technology being advanced by Master Drilling promises “continuous”, round-the-clock mining uplift – even when it comes to narrow reef extraction. On the new technology being...
This week:DRDGOLD investing R7.8bn in Big Five growth projects as part of Vision 2028; Exxaro spending R5.2bn on coal mine expansion, R4.7bn on wind farm project; and, Filling solution increases...
ASX-listed Flagship Minerals has struck a binding agreement with Anglo American Norte to acquire a large historical exploration dataset for its Pantanillo gold project in Chile. The move, Flagship...
Canada’s Asante Gold has completed a $500-million financing package that will support the development and expansion of its Bibiani and Chirano gold mines, in Ghana. The company announced on Monday...
CSE-listed McFarlane Lake Mining has arranged as much as $25-million in financing to support its planned purchase of the Juby gold project in Ontario from Aris Mining Holdings. The Canadian...
Unhedged gold mining company West African Resources has lifted its net profit after tax for the six months ended June 30 by 133% year-on-year to A$214.63-million, on the back of a 39% year-on-year...
Austral Gold said on Tuesday that a contractor worker died following an incident at its Guanaco gold/silver mine in Chile. The company said emergency protocols were activated immediately and...
Mining contractor Macmahon has secured a A$33-million contract with PT Tambang Tondano Nusajaya (PT TTN), a subsidiary of PT Archi Indonesia, for underground mining services at the Toka Tindung...
Pan American Silver said on Monday that Mexico’s competition regulator had cleared its $2.1-billion acquisition of MAG Silver, paving the way for the deal to close next month. “All required...
Precious metals miner Americas Gold and Silver on Friday announced the discovery of a high-grade extension of the 149 Vein at its Galena Complex in Idaho, US, with drill intercepts including 24 913...
TSX-V-listed Abcourt Mines says it had accepted loan offers totaling C$5.8-million in principal from Investissement Québec, as an agent of the government of Québec. The loan offers comprise a...
ASX-listed exploration company Zeus Resources is on an accelerated path to project identification and acquisitions in Morocco, announcing on Monday that it has executed a five-year licence...
Australian miner Regis Resources posted a record net profit of A$254-million for the year ended June 30, rebounding from a A$186-million loss a year earlier, as higher gold prices and strong...
ASX-listed Resolute Mining has maintained its full-year production guidance, despite reporting a 9.3% year-on-year decrease in output to 151 460 oz for the six months ended June 30, as lower...
There’s a wonderful gold-price tailwind behind all gold companies at the moment but it’s the self-generation of solar electricity that served as the key catalyst of change for Ergo. Following the...
Globally diversified gold miner Gold Fields has declared a dividend of R7 a share for the six months ended June 30, compared with the dividend of R3 a share declared for the first half of the 2024...
Mining Weekly Editor Martin Creamer unpacks DRDGOLD's R7.8-billion investment in its Big Five capital growth projects; Exxaro's spend of R5.2-billion on a coal mine expansion and R4.7-billion on a...
Gold producer Pan African Resources (PAR) is gearing to release its inaugural biodiversity report next month, which outlines the group’s approach to biodiversity conservation across its operations...
he Asian Development Bank will provide a $410-million financing package to help develop Pakistan's Reko Diq copper mine, one of the world’s largest untapped deposits, which will be operated by...
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