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Harmony Gold's Mponeng mine
Higher gold price, consistent production drive up Harmony's interim earnings
27th February 2025 By: Creamer Media Reporter

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... 


Matsa's Red October camp with Lake Carey in the background
Matsa and AngloGold Ashanti strike A$101m deal over WA gold project
27th February 2025 By: Mariaan Webb

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 image showing the sign for the Mponeng mine
Harmony reports another fatality following Mponeng FoG incident
26th February 2025 By: Tasneem Bulbulia

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, home to giant gold mine, launches bullion banking
26th February 2025 By: Bloomberg

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 Rhyolite Ridge deposit in Nevada.
Sibanye-Stillwater decides against proceeding with lithium-boron project in the US
26th February 2025 By: Martin Creamer

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.... 


Resources Watch
Resources Watch
26th February 2025

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 


Allied CEO Peter Marrone
Canada’s Allied Gold seeks listing on NYSE
26th February 2025 By: Bloomberg

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... 


Allied Gold partners with UAE investment fund to develop Mali mine
Allied Gold partners with UAE investment fund to develop Mali mine
25th February 2025 By: Darren Parker

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... 


Fatal accident reported at Fortuna’s Séguéla mine
25th February 2025 By: Creamer Media Reporter

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... 


OceanaGold reports high-grade gold discoveries at Haile
25th February 2025 By: Creamer Media Reporter

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... 


Black Cat acquires Lakewood mill in $85m deal with Westgold
Black Cat acquires Lakewood mill in $85m deal with Westgold
25th February 2025 By: Mariaan Webb

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 wins $1.1bn arbitration award in Portugal against Venezuela
25th February 2025 By: Reuters

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... 


DRDGOLD CEO Niël Pretorius.
‘Exciting’ DRDGOLD projects ‘advancing well’ as 2028 Vision gets big gold price boost
24th February 2025 By: Martin Creamer

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... 


Predictive Discovery confirms exploration potential of Argo area at Guinea project
24th February 2025 By: Darren Parker

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... 


Yaouré mine
Perseus lifts half-year earnings, profit by more than 20%
24th February 2025 By: Marleny Arnoldi

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... 


Central bank, investor buying continue to drive record gold prices – Heraeus
24th February 2025 By: Sabrina Jardim

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... 


S2 expands Victorian gold portfolio
24th February 2025 By: Creamer Media Reporter

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... 


Newmont again postpones investment decision for Yanacocha Sulphides project
24th February 2025 By: Reuters

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... 


Black Fox mill complex
First Nation takes legal action against McEwen Mining
24th February 2025 By: Creamer Media Reporter

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.... 


Orezone to fast-track Burkina Faso expansion, unveils ASX listing plans
Orezone to fast-track Burkina Faso expansion, unveils ASX listing plans
24th February 2025 By: Mariaan Webb

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... 


The Greenstone mine reached commercial production in November
Equinox and Calibre merge to form Canada's second biggest gold producer
24th February 2025 By: Mariaan Webb

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.... 


West African Resources' Sanbrado plant
West African expects new mine to boost output to at least 290 000 oz this year
21st February 2025 By: Marleny Arnoldi

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... 


Gold Road reports record profit
Gold Road reports record profit
21st February 2025 By: Creamer Media Reporter

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 higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

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... 



Premier, located near Stewart, British Columbia, is a high-grade gold development asset
Ascot launches up to C$65m private placement
21st February 2025 By: Creamer Media Reporter

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... 


DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
21st February 2025

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 beats fourth-quarter profit estimate on higher gold production, prices
Newmont beats fourth-quarter profit estimate on higher gold production, prices
21st February 2025 By: Reuters

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... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

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... 


West Wits chairperson Michael Quinert
West Wits secures credit approval for R902m loan facility to advance Qala Shallows
20th February 2025 By: Sabrina Jardim

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... 


La Colorada
Pan American reports record free cash flow
20th February 2025 By: Creamer Media Reporter

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... 


The Mulatos mine in Mexico
Alamos reports record production and strong margins, driving free cash flow
20th February 2025 By: Creamer Media Reporter

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... 


An image showing the Lumwana Expansion project
Barrick files technical reports for Lumwana expansion, Reko Diq projects
20th February 2025 By: Tasneem Bulbulia

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... 


Caledonia appoints successor to outgoing CFO
19th February 2025 By: Creamer Media Reporter

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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