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OceanaGold advances Waihi district expansion with positive PFS results
OceanaGold advances Waihi district expansion with positive PFS results
12th December 2024 By: Mariaan Webb

Gold producer OceanaGold has unveiled the results of its Waihi District prefeasibility study (PFS), highlighting the economic and operational prospects for its existing operations and the proposed... 


Mexico's Newmont optimistic about talks on mining royalties hike
Mexico's Newmont optimistic about talks on mining royalties hike
12th December 2024 By: Reuters

Newmont's Mexican division said on Wednesday it sees an "openness for dialogue" from the Mexican government, amid the proposed increase in mining royalties, which could potentially hinder billions... 


Barrick CEO Mark Bristow
Mali arrests, Niger site seizure rattle Western miners
11th December 2024 By: Reuters

The arrest of mining executives in Mali, threats by Burkina Faso's junta to strip permits and the seizure of a French-run uranium site in Niger have unsettled Western miners operating in West... 


Further measures to lower exposure to diesel particulate matter.
New commitment to reduce exposure to diesel emissions in underground mines
11th December 2024 By: Martin Creamer

A most fundamental human need is to breathe fresh air. Yet, for millions of people working in underground mines across the globe, this is not a given. Now, members of the international ICMM mining... 


Endeavour to undertake DFS at Assafou project following positive PFS results
11th December 2024 By: Sabrina Jardim

London- and Toronto-listed Endeavour Mining Corporation has completed a positive prefeasibility study (PFS) for the Assafou-Dibibango project on the Tanda-Iguela property, in Côte d’Ivoire. The... 


Gold smelting in Zimbabwe
Zimbabwe wants 26% free-carry stake in new mining projects
11th December 2024 By: Bloomberg

Zimbabwe is planning to hold 26% of new mining projects on a free carry basis, and will also negotiate with existing operators to acquire a similar stake. “We need to move to a level where we reach... 


gold bars
Gold’s record-level performance in 2024 likely to continue into 2025 – Heraeus
11th December 2024 By: Darren Parker

The trends that helped propel gold to record levels this year look set to continue in 2025, according to the ‘Precious Metals Forecast 2025’ published by German precious metals trader Heraeus... 


Collapsed wall kills five Kenyan gold miners, local official says
11th December 2024 By: Reuters

A wall collapsed at an illegal gold mine in northern Kenya, killing five people and leaving around 15 others missing, a local government official said on Tuesday. The bodies of five miners were... 


Goldman stays bullish on gold, but flags downside risk from fewer Fed cuts
Goldman stays bullish on gold, but flags downside risk from fewer Fed cuts
11th December 2024 By: Reuters

Goldman Sachs on Tuesday said fewer interest rate cuts from the US Federal Reserve are the key downside risk to its end-2025 forecast for gold at $3 000/oz not a stronger dollar. "We push back on... 


Barrick said to seek buyer for Tongon mine as bullion soars
Barrick said to seek buyer for Tongon mine as bullion soars
11th December 2024 By: Bloomberg

Barrick Gold Corp. is seeking buyers for its Tongon gold mine in Côte d'Ivoire in an effort to sell the aging operation when bullion prices are surging. The world’s No. 2 gold miner started... 


A file photo of the Mount Polley disaster
Imperial Metals faces federal charges over Mount Polley disaster
11th December 2024 By: Mariaan Webb

Vancouver-based Imperial Metals and its subsidiary, Mount Polley Mining, along with engineering firm Wood Canada, have been charged with alleged violations of Canada’s federal Fisheries Act. The... 


Horizon hauls first ore from Boorara gold project
Horizon hauls first ore from Boorara gold project
10th December 2024 By: Creamer Media Reporter

ASX-listed Horizon Minerals reported on Tuesday that it had started hauling ore from the Boorara gold project, near Kalgoorlie-Boulder, Western Australia. Mining began in August, and the first ore... 


Ethiopian flag
Akobo prepares for first exports of gold from Segele project
10th December 2024 By: Marleny Arnoldi

Scandinavia-headquartered gold exploration and mining company Akobo Minerals says record high gold prices in the global market is improving the value of its Segele resource and revenue potential... 


Vista Gold begins feasibility study to redesign Mt Todd gold project
10th December 2024 By: Creamer Media Reporter

NYSE American- and TSX-listed Vista Gold has launched a feasibility study for its Mt Todd gold project in Australia, aiming to increase reserve grades, lower initial capital costs, and optimise... 


Evolution secures regulatory approval to extend Cowal
Evolution secures regulatory approval to extend Cowal
10th December 2024 By: Creamer Media Reporter

Australia’s Evolution Mining has received regulatory approval from the New South Wales Department of Planning, Housing and Infrastructure to extend operations at its Cowal gold operations until... 


Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
10th December 2024 By: Reuters

ssia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6-billion due to Western sanctions. The... 


Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Newmont cuts management jobs in major corporate restructuring
Newmont cuts management jobs in major corporate restructuring
10th December 2024 By: Bloomberg

Newmont let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according to people familiar with the matter. The world’s top gold... 


Turaco secures rights to expand Afema project area in Cote d’Ivoire
9th December 2024 By: Tasneem Bulbulia

ASX-listed Turaco Gold, and its 100%-owned subsidiary Turaco Côte d’Ivoire, have entered into an exclusivity and option agreement with Pioneer Minerals, securing acquisition rights over an... 


Triton sells 70% of Mozambique graphite project
9th December 2024 By: Darren Parker

ASX-listed Triton Minerals has entered into a share sale and purchase agreement (SSAP) with Chinese company Shandong Yulong Gold through its wholly-owned subsidiary NQM Gold 2 for an interest in... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


First Telfer gold pour under new ownership
First Telfer gold pour under new ownership
9th December 2024 By: Mariaan Webb

London-listed Greatland Gold has successfully poured its first gold bars at the Telfer gold/copper mine, following its recent acquisition of the operation. The company completed its purchase of... 


Production ramp-up at Homase remains on target
9th December 2024 By: Sabrina Jardim

Aim-listed Goldstone Resources has reported that the production ramp-up at its Homase mine, in south-western Ghana, continues to advance in line with expectations. The company notes a 34% increase... 


Capricorn Metals expands Karlawinda tenure with project acquisition
Capricorn Metals expands Karlawinda tenure with project acquisition
9th December 2024 By: Creamer Media Reporter

Perth-based gold miner Capricorn Metals is expanding its Karlawinda project tenure in the Pilbara with the acquisition of the prospective Sylvania project from fellow ASX-listed Latitude 66.... 


SSR set to become third-biggest gold miner in US with CC&V acquisition
SSR set to become third-biggest gold miner in US with CC&V acquisition
6th December 2024 By: Mariaan Webb

Denver-based SSR Mining has announced a $275-million acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado from Newmont, marking a significant expansion of SSR’s gold production... 


Barrick’s buccaneering boss tested as Mali squeezes gold miners
Barrick’s buccaneering boss tested as Mali squeezes gold miners
6th December 2024 By: Reuters

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 


An image showing a gold pour
Gold ETFs record first outflows since April in November
6th December 2024 By: Tasneem Bulbulia

Global gold exchange-traded funds (ETFs) recorded their first monthly outflow since April, losing $2.1-billion in November, according to industry body the World Gold Council. Europe (-$1.9-billion)... 


Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project
6th December 2024 By: Tasneem Bulbulia

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 


Harmony Gold, investor sentiment, PGMs demand make headlines
Harmony Gold, investor sentiment, PGMs demand make headlines
6th December 2024

Mining Weekly Editor Martin Creamer discusses the billion rand green loan facility that underpins the three solar PV renewable-energy plants being constructed by Harmony Gold; global investor... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Spartan raises A$220m to speed up Dalgaranga restart
Spartan raises A$220m to speed up Dalgaranga restart
5th December 2024 By: Mariaan Webb

ASX-listed Spartan Resources is fast tracking a production restart at the Dalgaranga gold project, in Western Australia, with a A$220-million placement. The company on Thursday announced... 


Akobo reports final November gold production of 10 kg
5th December 2024 By: Sabrina Jardim

Following the completion of all smelting operations for November, Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals has reported final gold... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


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