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Loulo-Gounkoto
Barrick’s future in Mali hinges on key gold mine permit renewal
19th June 2025 By: Bloomberg

One of the next major hurdles in Barrick Mining Corp.’s saga in Mali will be renewing a key gold mining license, after the state temporarily took over the vast Loulo-Gounkoto complex this week. The... 


The Reko Diq project area
Capital awarded a borehole drilling services contract at Barrick's Reko Diq project
19th June 2025 By: Creamer Media Reporter

London-listed mining services company Capital has been awarded a further significant contract at Barrick Mining's majority-owned Reko Diq copper/gold project, in Pakistan, as well as exploration... 


Wheaton strengthens leadership bench ahead of next growth phase
19th June 2025 By: Creamer Media Reporter

Precious metals streaming company Wheaton Precious Metals has announced several senior management promotions as it prepares for what it describes as a new phase of transformative growth. Haytham... 


Gold edges higher after Fed’s inflation warning triggers decline
Gold edges higher after Fed’s inflation warning triggers decline
19th June 2025 By: Bloomberg

Gold edged higher following a decline in the previous session triggered by Federal Reserve chairman Jerome Powell’s warning of inflation risks for the US economy. Bullion was trading around $3 380... 


Meeka raises A$60m to accelerate Murchison growth plans
19th June 2025 By: Creamer Media Reporter

Gold developer Meeka Metals has secured firm commitments for a A$60-million institutional placement to fund growth initiatives at its flagship Murchison gold project in Western Australia. The... 


Javelin accelerates towards production at Eureka gold project
Javelin accelerates towards production at Eureka gold project
19th June 2025 By: Creamer Media Reporter

ASX-listed Javelin Minerals is moving to fast-track near-term production and cashflow generation from its Eureka gold project, in Western Australia, capitalising on a record Australian dollar gold... 


Gold doré bar
Goldstone confirms productivity uptick at Homase mine
18th June 2025 By: Marleny Arnoldi

Ahead of publishing its financial results for the year ended December 31 later this month, Aim-listed Goldstone Resources has confirmed that the Homase mine, in Ghana, maintains an average 48 000 t... 


Edikan mine, in Ghana
Perseus adds mine investment veteran Rutherford to board as nonexecutive director
18th June 2025 By: Marleny Arnoldi

Africa-focused gold miner Perseus Mining has appointed James Rutherford to the board as nonexecutive independent director, with immediate effect. He brings to the board 25 years of experience in... 


SRK Consulting Congo chairperson Dominique Sambwa.
Positive infrastructure advancement on way in DRC, SRK Consulting Congo reports
18th June 2025 By: Martin Creamer

Positive infrastructure advancement is on the way in the Democratic Republic of Congo (DRC), SRK Consulting Congo chairperson Dominique Sambwa has pointed out. Speaking to Mining Weekly during a... 


Milling agreement fast-tracks Gold Duke into production – Western Resources
18th June 2025 By: Creamer Media Reporter

Junior gold developer Western Gold is fast tracking its transition into a gold producer with a binding toll milling agreement placing its Gold Duke project in Western Australia on a path to... 


Asante secures $470m in credit and equity commitments
Asante secures $470m in credit and equity commitments
18th June 2025 By: Mariaan Webb

Gold producer Asante Gold has secured $470-million in credit and equity commitments, laying the foundation for a financing package that will fund its growth ambitions and recapitalise its balance... 


St Barbara lowers guidance following rainfall disruption
St Barbara lowers guidance following rainfall disruption
17th June 2025 By: Mariaan Webb

ASX-listed St Barbara has trimmed its full-year production guidance following a weather-related disruption at the Simberi mine, in Papua New Guinea, but remains optimistic as it awaits a key... 


gold bars
Central bank gold reserves surge amid global uncertainty, survey reveals
17th June 2025 By: Darren Parker

Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold... 


Gold refining
Mali starts construction of Russia-backed gold refinery
17th June 2025 By: Reuters

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources.... 


Citi calls time on gold’s rally due to slumping demand, Fed cuts
Citi calls time on gold’s rally due to slumping demand, Fed cuts
17th June 2025 By: Bloomberg

Gold is expected to sink back below $3 000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc., calling time on one of the standout rallies in... 


IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
17th June 2025 By: Reuters

The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a... 


West Wits chairperson Michael Quinert
West Wits to raise A$14m to start operations at Qala Shallows, increase its stake in WBP
17th June 2025 By: Creamer Media Reporter

ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and... 


Ecuador reopens mining concession registry after seven years
17th June 2025 By: Reuters

Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American... 


Hudbay resumes operations in Snow Lake after evacuation orders lifted
Hudbay resumes operations in Snow Lake after evacuation orders lifted
17th June 2025 By: Reuters

Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of... 


Illegal gold mining in Ghana
Ghana has lost $11bn to gold smuggling, links to UAE, report finds
17th June 2025 By: Reuters

Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report... 


The Loulo-Gounkoto complex
Barrick Mining's gold complex placed under state control in Mali
17th June 2025 By: Reuters

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership.   A former Malian... 


Mali hopes Russia partnership will help end raw gold exports
13th June 2025 By: Reuters

Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity... 


ZEITI national coordinator Ian Mwiinga.
Well done, Zambia, on your transparent ‘G-Factor’ mining revenue system
13th June 2025 By: Martin Creamer

Zambia is strengthening transparency and accountability to make sure that natural resources improve the lives of all of its citizens. It gives easy visibility to the level of natural resource... 


Critical One to sell Namibia uranium assets as focus shifts to Canada antimony
13th June 2025 By: Creamer Media Reporter

Canada-based Critical One Energy plans to sell its uranium projects in Namibia to shift its focus to antimony and gold in Ontario's Thunder Bay. Critical One, formerly Madison Metals, announced on... 


Platinum trading, Pan African and Copper 360 make headlines
Platinum trading, Pan African and Copper 360 make headlines
13th June 2025 By: Creamer Media Reporter

Mining Weekly Editor Martin Creamer unpacks a new platinum and palladium trading ecosystem proposed by China; Pan African's success in starting up a gold operation in Australia's Northern... 


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 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... 


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pqt: 1.318s - ct: 1.526s - 384pq - 2rq
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