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Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


An employee studying drill core
Dundee pleased with 'excellent' economics at Serbian gold project
19th December 2024 By: Creamer Media Reporter

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye inks $500m streaming agreement with Franco-Nevada
19th December 2024 By: Simone Liedtke

Multinational metals and mining group Sibanye-Stillwater has entered into a $500-million streaming agreement with Franco-Nevada (Barbados) Corporation, a subsidiary of Franco-Nevada Corporation.... 


India re-examining record Nov gold imports, sources say
19th December 2024 By: Reuters

The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the rupee to an all-time low, two government sources aware... 


Barrick president and CEO Dr Mark Bristow.
Barrick seeks fair resolution in Mali through arbitration
18th December 2024 By: Martin Creamer

New York- and Toronto-listed Barrick Gold Corporation on Wednesday, December 18, confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de... 


Horizon completes Pennys Find PFS, which confirms project’s viability
18th December 2024 By: Simone Liedtke

ASX-listed Horizon Minerals has completed the prefeasibility study (PFS) for the Pennys Find gold project, in Western Australia. The PFS confirms the project’s viability as a high-grade underground... 


Gold jewellery
Indians opt for lighter, lower carat jewellery as gold prices soar
18th December 2024 By: Reuters

Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. "I wanted to gift my daughter 80 g of gold,... 


Mandalay targeting gold production of up to 95 000 oz for 2025
18th December 2024 By: Simone Liedtke

TSX-listed Mandalay Resources Corporation is targeting consolidated gold-equivalent production of between 85 000 oz and 95 000 oz as part of its production and cost guidance for 2025. This includes... 


Gold Mountain reports revenue drop, third-quarter losses
18th December 2024 By: Simone Liedtke

Canadian exploration and development company Gold Mountain Mining experienced a sharp revenue decline in the third quarter of the 2025 financial year, with earnings falling to $594 404, compared... 


Gold bars
Gold holds decline as focus on fed for next year’s rate outlook
18th December 2024 By: Bloomberg

Gold held a decline ahead of the Federal Reserve’s upcoming rate decision, with traders watching for clues about next year’s monetary-policy path. Bullion was steady near $2,647 an ounce, after... 


Auric signs agreement to acquire gold processing plant in WA
17th December 2024 By: Creamer Media Reporter

Mining and commodity trading company Auric Mining has entered into a letter agreement, subject to due diligence, to acquire the 180 000 t/y Burbanks gold processing facility and related assets and... 


Novo Resources to acquire two NSW gold projects
17th December 2024 By: Creamer Media Reporter

ASX- and TSX-listed Novo Resources Corp has entered into binding term sheets with fellow ASX-listed companies TechGen Metals and Manhattan Corporation to acquire their respective John Bull and... 


Nioko proposes buyout of Hummingbird amid the latter’s financial struggles
17th December 2024 By: Simone Liedtke

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Gold jewellery on sale in India
India's gold imports to plunge in December after record November
17th December 2024 By: Reuters

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay... 


GoldHaven to acquire BOA Gold Corp
17th December 2024 By: Creamer Media Reporter

Canadian junior exploration Company GoldHaven Resources Corp has entered into an amalgamation agreement with BOA Gold Corp, which will result in GoldHaven acquiring BOA and the four high-potential... 


An Apple computer
Congo files criminal complaints against Apple in Europe over conflict minerals
17th December 2024 By: Reuters

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for... 


The Loulo-Gounkoto mine in Mali
Barrick Gold threatens to suspend Mali operations over blocked exports
17th December 2024 By: Reuters

Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the... 


Heliostar to restart mining at La Colorada
13th December 2024 By: Creamer Media Reporter

TSX-V-listed Heliostar Metals will restart mining operations at the La Colorada mine, in Mexico, next month, with the key initial focus being the Junkyard stockpile. "Recommencing mining... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Osisko advances Cariboo to shovel-ready status
Osisko advances Cariboo to shovel-ready status
13th December 2024 By: Mariaan Webb

Gold developer Osisko Development has received Environmental Management Act (EMA) permits for its 100%-owned Cariboo project in British Columbia, marking the completion of the permitting process.... 


The Marban deposit is adjacent to Agnico-Eagle's Canadian Malartic complex (pictured).
Agnico Eagle to acquire O3 Mining in C$204m cash transaction
13th December 2024 By: Mariaan Webb

Canadian miner Agnico Eagle Mines on Thursday announced the acquisition of O3 Mining in a C$1.67-a-share cash transaction, valued at about C$204-million. O3 Mining’s primary asset, the 100%-owned... 


PRECEDENT SETTING
The Mogale Tailings Retreatment operation has become a model for cost-effective, large-scale tailings retreatment and legacy mining rehabilitation
Project combines profitability with sustainability
13th December 2024 By: Simone Liedtke

The Krugersdorp-based Mogale Tailings Retreatment (MTR) operation of JSE- and LSE-listed midtier gold producer Pan African Resources (PAR), commissioned in October 2024 and now fully operational,... 


FIXING MISTAKES FROM THE PAST
The R2.5-billion MTR operation will address environmental degradation caused by prolific legacy mining activities
Community engagement yields project success
13th December 2024 By: Simone Liedtke

The Mogale Tailings Retreatment (MTR) operation of midtier gold producer Pan African Resources (PAR) has significantly curbed illegal mining activities in the vicinity of its operations in the West... 


POSITIVE OPERATIONS
The MTR operation is noteworthy for its environmental remediation, efficient project delivery and positive impact on the local community
Company’s EPCM role pivotal in project
13th December 2024 By: Simone Liedtke

Integrated service provider SGS Bateman played a “pivotal role” as the engineering, procurement and construction management (EPCM) contractor for midtier gold producer Pan African Resources’... 


EQUIPMENT PROVISION
Paragon provided the in-dam hydraulic tailings remining infrastructure
Modern remining equipment used at MTR
13th December 2024 By: Simone Liedtke

Tailings solutions provider Paragon Tailings’ involvement in gold producer Pan African Resources’ (PAR’s) Mogale Tailings Retreatment (MTR) operation has reinforced the growing importance of... 


VIABLE ALTERNATIVE
The bolted tank design is now recognised as a viable alternative to traditional welded tanks
New tank design prevalence gaining momentum
13th December 2024 By: Simone Liedtke

A new bolted-tank design is gaining momentum in tailings retreatment operations, offering significant improvements in cost savings, construction time and operational efficiency. This design,... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


Evolution Mining to defend itself against class action suit over Canadian mine
12th December 2024 By: Tasneem Bulbulia

Class action specialist Echo Law has filed class action proceedings against ASX-listed Evolution Mining in the Federal Court of Australia, relating to allegations of failure to comply with... 


Lithium operation in Argentina
Argentina mining chamber says exports up slightly this year, likely flat in 2025
12th December 2024 By: Reuters

Argentina's mining exports are expected to rise nearly 6% this year, lifted by more lithium sales, as well as higher gold and silver prices, the head of the country's top mining association said on... 


The Lamaque Complex in Canada
Eldorado Gold hikes mineral reserves
12th December 2024 By: Creamer Media Reporter

Canadian company Eldorado Gold has announced a 2% increase in its proven and probable gold mineral reserves, solidifying its production outlook for the next decade and beyond. As of September 30,... 


Ramelius MD Mark Zeptner
Rebecca-Roe PFS highlights potential for new mining hub, says Ramelius
12th December 2024 By: Mariaan Webb

Gold producer Ramelius Resources on Thursday unveiled the results of its prefeasibility study (PFS) for the Rebecca-Roe gold project, located 150 km east of Kalgoorlie in Western Australia. The... 


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