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Newmont CEO Tom Palmer
Newmont's Q3 profit jumps on back of higher gold prices, production
24th October 2024 By: Mariaan Webb

Global gold and copper miner Newmont posted a sharp rise in net earnings for the third quarter on the back of higher output and surging bullion prices. The Denver-based company’s net income was... 


Harmony Gold's Kareerand tailings operation.
Harmony delivers gold recovery project with 30% of building work going to locals
23rd October 2024 By: Martin Creamer

With the streaming agreement between Franco-Nevada and Mine Waste Solutions (MWS) over, Harmony Gold will from now on benefit fully from the soaring gold price that is coinciding with the delivery... 


West African Resources' Sanbrado mine, in Burkina Faso
West African on track to meet upper end of full-year guidance
23rd October 2024 By: Creamer Media Reporter

Gold miner West African Resources says it is on track to achieve the upper end of its full-year gold production guidance of between 190 000 oz and 210 000 oz at an all-in sustaining cost (AISC) of... 


Jean Nel to step down as director of DRDGOLD in Nov
23rd October 2024 By: Creamer Media Reporter

Jean Nel has decided to step down as a director of gold producer DRDGOLD, with effect from November 27, after serving on the board for six years. DRDGOLD says it is thankful for his valuable... 


Hochschild CEO Eduardo Landin
Hochschild reports strong Q3 performance, on track for 2024 goals
23rd October 2024 By: Mariaan Webb

London-listed Hochschild Mining on Wednesday announced a significant jump in its third-quarter production, delivering attributable output of 96 327 gold equivalent ounces (GEO) and eight-million... 


Fresnillo confidently approaches final quarter amid steady production
Fresnillo confidently approaches final quarter amid steady production
23rd October 2024 By: Mariaan Webb

Fresnillo, the world’s biggest primary silver producer, is entering the final quarter with confidence, maintaining its full-year production guidance set earlier this year. The London-listed miner,... 


The Edikan mine
Perseus delivers strong production, cash flow for the September quarter
23rd October 2024 By: Creamer Media Reporter

Africa-focused gold miner Perseus Mining again achieved strong production and cash flow for the quarter ended September 30 – the first quarter of its 2025 financial year – with output having... 


St Barbara's Simberi operation in Papua New Guinea
St Barbara looking to accelerate Simberi expansion in PNG
23rd October 2024 By: Mariaan Webb

Australia-based miner St Barbara is moving as “quickly as possible” to bring forward production from the Simberi sulphides expansion, in Papua New Guinea, MD and CEO Andrew Strelein said on... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


Rio2 secures $150m for new Chile gold mine construction
Rio2 secures $150m for new Chile gold mine construction
22nd October 2024 By: Mariaan Webb

Canada-headquartered Rio2 is set to advance the development of Chile’s next gold mine with a secured $150-million construction financing package. The financing includes $120-million from Wheaton... 


Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
22nd October 2024 By: Reuters

Citi Research raised its three-month forecast for gold prices, citing possible further US labour market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF buying, it... 


Minerals Council's first Accommodation Newsletter details mine housing projects
21st October 2024 By: Schalk Burger

Mining industry employer organisation Minerals Council South Africa has published the first edition of its Accommodation Newsletter, which highlights the interventions by, and projects of, member... 


Altona confirms iron-ore, copper, gold prospectivity at Zambia project
21st October 2024 By: Darren Parker

Results from a geophysical and geochemical data assessment for London-listed Altona’s new Kabompo South project, in Zambia, performed by Namibia-based geophysical services company Earthmaps... 


Akobo to secure NKr30m convertible loan
21st October 2024 By: Darren Parker

Scandinavian gold exploration and mining company Akobo Minerals has initiated a process to secure a two-year convertible loan of up to NKr30-million. The loan will offer a 20% yearly interest rate... 


Calibre’s Valentine project’s costs rise, FY guidance downgraded
Calibre’s Valentine project’s costs rise, FY guidance downgraded
21st October 2024 By: Mariaan Webb

Construction of the multi-million-ounce Valentine gold mine, in Newfoundland and Labrador, is progressing well, reaching nearly 81% completion by the end of last month, TSX-listed Calibre Mining... 


West Red Lake upsizes placement
21st October 2024 By: Creamer Media Reporter

Canadian gold company West Red Lake on Friday announced it would increase the size of its previously announced bought-deal financing from C$20-million to C$25-million. The TSX-V-listed firm would... 


Endeavour CEO Ian Cockerill
Endeavour Mining targets 200 000 oz/y of gold from Côte d'Ivoire mine
21st October 2024 By: Reuters

London-listed Endeavour Mining said on Saturday it had a goal of producing about 200 000 ounces of gold per year from 2025 from its second gold mine in Côte d'Ivoire. Lafigue Mine, inaugurated on... 


Newmont’s Peñasquito signs labour agreement
21st October 2024 By: Creamer Media Reporter

Gold miner Newmont announced on Friday that its Mexico subsidiary, Newmont Peñasquito, had signed a new collective bargain agreement (CBA) with the National Union of Mining, Metallurgical, Steel,... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


Turaco raises A$35m to accelerate drilling in Cote d'Ivoire
18th October 2024 By: Creamer Media Reporter

West Africa-focused Turaco Gold has announced a A$35-million equity raise to accelerate drilling at the Afema project, in Cote d’Ivoire. The ASX-listed company will raise the funds in a... 


An image showing Ndola district commissioner Joseph Phiri, Makor Resources CEO Brooke Bibeault and Jubilee Metals MD Ricus Grimbeek distributing Compound-D and Urea fertiliser, along with drought-tolerant maize seedings, to beneficiaries across the Munkulungwe ward in Ndola
Makor Resources, Jubilee partner with Zambian govt to support agriculture
18th October 2024 By: Tasneem Bulbulia

Mining services provider Makor Resources and mining company Jubilee Metals Zambia have partnered to support the Zambian government’s efforts to provide agricultural inputs to subsistence farmers,... 


Madsen restart on track for 2025 as West Red Lake shores up C$68m
Madsen restart on track for 2025 as West Red Lake shores up C$68m
18th October 2024 By: Mariaan Webb

The Madsen gold mine, in Ontario, is set for a 2025 restart as owner West Red Lake has secured financing to recommence production. The TSX-V-listed company has secured commitments totalling more... 


The Kiena Gold Complex
Wesdome Gold gaining momentum
18th October 2024 By: Creamer Media Reporter

Canadian miner Wesdome Gold is on track to achieve the midpoint of its guidance of 160 000 oz to 180 000 oz, thanks to increasing operational momentum. The company on Thursday reported a strong... 


Spot gold tops $2 700 as metal extends its record-breaking run
Spot gold tops $2 700 as metal extends its record-breaking run
18th October 2024 By: Bloomberg

Gold topped $2 700 an ounce for the first time, as an escalating conflict in the Middle East saw traders flock to safety. Bullion reached climbed as much as 0.3% to $2 700.47/oz, after Israel said... 


Magazine cover image
Digitalisation seen as key to bolstering fight against illicit gold trade
18th October 2024 By: Nadine James

The integrity of the global gold supply chain has been the subject of intense scrutiny of late, following a damning report by Swiss nongovernmental organisation SwissAid earlier this year, which... 


Gold rallies to record with tight US election and data in focus
Gold rallies to record with tight US election and data in focus
17th October 2024 By: Bloomberg

Gold climbed to a record ahead of US data prints due later Thursday, with traders also monitoring an increasingly tight presidential race that’s driven demand for haven assets. Bullion climbed as... 


An image showing the Sukari mine
Centamin lifts production, sales in the third quarter
17th October 2024 By: Tasneem Bulbulia

TSX- and LSE-listed Centamin increased production at its flagship Sukari mine, in Egypt, by 30% year-on-year to 131 726 oz in the quarter ended September 30, taking output for the nine months to... 


The Cortez mine is part of the NGM complex
Capital maintains full-year revenue guidance
17th October 2024 By: Creamer Media Reporter

London-listed mining services company Capital has reported a 17.6% year-on-year increase in revenue to $93.7-million for the third quarter and is maintaining its full-year revenue guidance at... 


DRDGOLD lifts first-quarter output, sales
17th October 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed DRDGOLD’s production for the quarter ended September 30 increased by 7% quarter-on-quarter to 1 319 kg (42 407 oz), primarily owing to a 13% increase in tonnage throughput,... 


Plant optimisations resulted in a significantly improved performance at  at Pueblo Viejo.
Barrick reports Q3 results, eyes strong finish to 2024
16th October 2024 By: Creamer Media Reporter

NYSE- and TSX-listed Barrick Gold on Wednesday released its preliminary production figures for the third quarter of 2024, revealing gold production of 943 000 oz and copper production of 48 000 t.... 


Record gold price sees Nexus dust off Pinnacles JV study
16th October 2024 By: Mariaan Webb

Australia’s Nexus Minerals is revisiting the Pinnacles joint venture (JV) gold project, in the Eastern Goldfields of Western Australia, in light of the current high gold prices. The previously... 


Aurum-Mako merger creates West African gold firm
16th October 2024 By: Mariaan Webb

Australia-listed Aurum Resources and Mako Gold have announced an agreement to merge, creating an emerging exploration and development gold business in West Africa. The merged company will have two... 


South Africa's Lion ferrochrome operation.
South Africa remains attractive mining investment destination, China hears
16th October 2024 By: Martin Creamer

The  South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese,... 


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