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JSE-listed mining and exploration company Harmony Gold Mining Company expects to report an increase of up to 42% in its earnings per share (EPS) and headline earnings per share (HEPS), in rand...
Global bullion producer AngloGold Ashanti has secured an option to acquire the majority of Matsa Resources’ Lake Carey gold project in Western Australia under a deal valued at A$101-million,...
An employee who sustained injuries in a fall-of-ground (FoG) incident following a seismic event at Harmony Gold Mining Company’s Mponeng mine, in Gauteng, on February 20 has passed away. “Despite...
Indonesia has launched its first bullion banks in a bid to draw tons of privately held gold into the financial system of Southeast Asia’s largest economy. The region’s largest gold producer on...
The board of directors of the Johannesburg- and New York-listed Sibanye-Stillwater has decided not to proceed with the Rhyolite Ridge lithium-boron joint venture (JV) project in North America....
This week: Uranium mine moving closer to production, Operationally, 2024 was strong year for Glencore, and, High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
Canada’s Allied Gold has started a process to apply for a listing on the New York Stock Exchange, joining an industrywide migration to the world’s top bourse. The Toronto-based gold producer was...
TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate...
A fatal accident has occurred at Fortuna Mining's Séguéla gold mine in Côte d’Ivoire, the NYSE- and TSX-listed company reported on Tuesday. The incident took place on Monday at the contractor’s...
Toronto-listed OceanaGold has reported promising results from exploration and resource conversion drilling at the Haile gold mine in the US, highlighting high-grade gold intercepts at both the...
ASX- and TSX-listed Westgold Resources has agreed to divest its noncore Lakewood mill in Western Australia to fellow ASX-listed Black Cat Syndicate for a total consideration of $85-million. The...
Gold Reserve said on Monday the Lisbon Court of Appeal confirmed the Canadian miner's arbitration award against Venezuela, giving it green light to enforce about $1.1-billion in Portugal. The...
Johannesburg- and New York-listed DRDGOLD’s projects under way are “advancing very well” as the gold-from-tailings company’s 2028 Vision gets a massive boost from the sky-high gold price. Mining...
ASX-listed Predictive Discovery’s latest drilling results from the Argo area of its Bankan gold project, in Guinea, has confirmed the area's potential for further exploration. On February 24, the...
ASX-listed Perseus Mining has posted a 26% increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $352-million for the six months ended December 31, 2024. This...
Technology group Heraeus has described gold’s price performance over the last 18 months as “remarkable”, noting that, as the price nears $3 000/oz, signs of “excess frothiness are becoming...
ASX-listed S2 Resources has secured its fourth gold project in Victoria, finalising an agreement to acquire TSX-V-listed Valkea Resources' 51% interest in the Glenfine joint venture (JV). This...
Precious metals miner Newmont said on Friday that it will again postpone a final investment decision for its Yanacocha Sulphides project in Peru. In a statement, the company said the postponement...
The Apitipi Anicinapek Nation (AAN) has filed a lawsuit against Canada’s McEwen Mining, alleging that the company has breached its impact benefit agreement (IBA) related to the Black Fox project....
Toronto-listed Orezone Gold has announced its intention to fast track the expansion of its Bomboré mine, in Burkina Faso, while enhancing its capital markets presence through a planned listing on...
Mining companies Equinox Gold and Calibre Mining on Monday announced a definitive agreement for an at-market business combination that would create a new diversified gold producer in the Americas....
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...
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 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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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