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Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


Gold nears fresh record with focus on US election and Fed rates
Gold nears fresh record with focus on US election and Fed rates
16th October 2024 By: Bloomberg

Gold rallied toward a fresh record high as investors turned their attention to the upcoming US election, with polls forecasting a razor-thin contest with less than three weeks to go. The precious... 


A January 2024 photo of the Cote project.
Côté is likely the start of a new mining district – Iamgold
16th October 2024 By: Mariaan Webb

Canadian mining company Iamgold is optimistic that its newly established Côté mine may herald the beginning of a new mining district, as exploration results indicate the potential connection... 


NGEx to raise C$100m for exploration projects
16th October 2024 By: Creamer Media Reporter

Copper/gold exploration company NGEx Minerals has announced a C$100-million private placement to advance its projects in the Vicuña district straddling the border between Argentina and Chile. The... 


Gold industry sees prices rising to $2 941/oz over 12 months
Gold industry sees prices rising to $2 941/oz over 12 months
16th October 2024 By: Reuters

The price of gold is expected to rise to $2 941 a troy ounce over the next 12 months from the current $2 661, delegates to the London Bullion Market Association's annual gathering predicted on... 


Egypt Competition Authority approves Anglogold's buyout of Centamin
15th October 2024 By: Creamer Media Reporter

The Egyptian Competition Authority has approved AngloGold Ashanti's proposed buyout of Centamin, which owns and operates the Sukari gold mine, in Egypt. The two gold producers last month announced... 


An image showing West African Resources' Sanbrado plant
West African Resources reports high-grade gold at Burkina Faso project
15th October 2024 By: Tasneem Bulbulia

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent resource definition diamond drilling within the M1 South (M1S) Main Deeps... 


Newmont and MKS PAMP introduce traceable Lady of Liberty gold bar
Newmont and MKS PAMP introduce traceable Lady of Liberty gold bar
15th October 2024 By: Creamer Media Reporter

US-based bullion miner Newmont has announced the release of a unique traceable gold bar, exclusively crafted from Newmont-mined gold, refined and minted by MKS PAMP in Switzerland. The 1 oz Lady... 


Caledonia on track to meet full-year output guidance
15th October 2024 By: Creamer Media Reporter

Gold miner Caledonia Mining Corporation says it remains on track to produce between 74 000 oz and 78 000 oz of gold for the full-year, with its Blanket mine, in Zimbabwe, having produced 18 992 oz... 


Gold bars held by a bank
Central banks remain keen buyers of gold, representatives tell bullion conference
15th October 2024 By: Reuters

Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association's annual... 


Westgold appoints new COO, GM of projects
15th October 2024 By: Mariaan Webb

Dual-listed Westgold has announced two new leadership appointments to assist the Australia-focused gold miner to achieve its portfolio optimisation goals and to deliver on its growth strategy.... 


Caracal confirms receipt of $600 000 in funding
14th October 2024 By: Darren Parker

Gold producer Caracal Gold has confirmed receipt of $600 000 in funding, comprising a $500 000 financing agreement with Koenig Vermoegensverwal announced on October 1 and a $100 000 loan agreement... 


Oriole encounters several new mineralised intersections at Bibemi
14th October 2024 By: Darren Parker

As part of the fully funded Phase 5 diamond drilling programme currently under way at Aim-listed Oriole Resources’ 82.2%-owned Bibemi orogenic gold project, in Cameroon, the company has encountered... 


Silver and gold bars
Metals Focus forecasts strong gold price for 2025
14th October 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus expects spot gold prices to reach new all-time highs of about $3 000/oz in 2025 on the back of further interest rate cuts, geopolitical concerns and... 


La Mancha founder joins GMIN board
14th October 2024 By: Creamer Media Reporter

Naguib Sawiris, the founder of Luxembourg-based investment group La Mancha, has been appointed to the board of Toronto-listed G Mining Ventures (GMIN). Welcoming the new appointment, GMIN... 


Golden Shield walks away from Tucano deal
Golden Shield walks away from Tucano deal
14th October 2024 By: Mariaan Webb

Canadian company Golden Shield has announced the termination of an agreement to acquire private company Tucano Gold. Through the proposed transaction, first mooted in July, Golden Shield would... 


The Murchison operations
Post-merger Westgold sets production record
14th October 2024 By: Mariaan Webb

Fresh from a merger with Karora Resources, Westgold Resources on Monday posted record production 77 269 oz of gold from its expanded portfolio. The A$1.4-billion merger between Karora and... 


Harmony Gold CEO and executive director Peter Steenkamp
Steenkamp reflects on mining career
11th October 2024 By: Sabrina Jardim

With plans to step down at the end of the year, following a successful career in the mining sector, Harmony Gold CEO and executive director Peter Steenkamp has reflected on his career. In a... 


ARM CEO Phillip Tobias
ARM board approves construction of chrome recovery plant at Bokoni platinum mine
11th October 2024 By: Martin Creamer

The construction of a chrome recovery plant at Bokoni platinum mine has been approved by the board of African Rainbow Minerals (ARM). ARM acquired Bokoni from Anglo American Platinum and Atlatsa... 


St Barbara updates PFS for Nova Scotia projects
St Barbara updates PFS for Nova Scotia projects
11th October 2024 By: Mariaan Webb

Australian miner St Barbara has updated the prefeasibility study (PFS) for the 15-Mile and Beaver Dam projects at its Atlantic operations in Nova Scotia, Canada. The study consolidates the projects... 


Photo of Martin Creamer
Recycling, Nyanza Light Metals, Mogale City make headlines
11th October 2024

Mining Weekly Editor Martin Creamer unpacks the13th Oppenheimer Research Conference, which had a message for attendees: recycle like there’s no tomorrow; developments in the Nyanza Light Metals... 


NexGold and Signal Gold to combine
NexGold and Signal Gold to combine
11th October 2024 By: Mariaan Webb

Canadian mining companies NexGold and Signal Gold on Thursday announced a merger to create a near-term developer eyeing more than 200 000 oz/y of production. The combined entity would advance... 


WEST AFRICA EXPANSION Thor Explorations is expanding its presence in West Africa with the acquisition of the Guitry Gold exploration project in Côte d’Ivoire. Seen here is the developer’s existing Segilola gold project’s processing plant in Nigeria
Developer expands portfolio with Côte d’Ivoire project
11th October 2024 By: Donna Slater

West Africa-focused explorer and developer Thor Explorations has expanded its operations into Cote d’Ivoire following the signing of a binding sale and purchase agreement with West Africa-focused... 


CLUSTER MINING
Sanbrado comprises several open pits, all within one to two kilometres of the plant site
Miner progresses Burkina Faso mine deepening plans
11th October 2024 By: Donna Slater

High-grade gold mineralisation from recent resource definition diamond drilling has been reported by unhedged gold mining company West African Resources within the M1 South (M1S) Deeps resource,... 


An image of Ian Cockerel
Commercial production achieved at Senegal, Côte d’Ivoire mines
11th October 2024

Following the first gold pour at West Africa-focused gold major Endeavour Mining’s Sabodala-Massawa BIOX Expansion project, in Senegal, the miner achieved commercial production of gold at the... 


A generic image of an open pit mine
Added regional focus key in miner’s strategic priorities
11th October 2024 By: Lumkile Nkomfe

Canadian precious metals miner Fortuna Mining stresses the importance of solidifying its presence in countries such as Côte d’Ivoire, Senegal and Burkina Faso as a key strategic priority, owing to... 


Regis builds cash amid record gold prices
Regis builds cash amid record gold prices
10th October 2024 By: Mariaan Webb

Australian bullion miner Regis Resources has boosted its cash to A$380-million at the end of the September quarter, a build of A$85-million from the prior three months. The increase follows a solid... 


Jwaneng diamond mine
Mining output increases slightly in August
10th October 2024 By: Marleny Arnoldi

Statistics South Africa (Stats SA) reports that mining production increased by 0.3% year-on-year in August, with the largest positive contributors having been manganese, platinum group metals... 


The Unki concentrator plant in Zimbabwe
Zimbabwean miners expect profits to fall in 2025, report says
10th October 2024 By: Reuters

Zimbabwean miners expect profits to decline on the back of anticipated high costs of production and a weak outlook for platinum and lithium in 2025, according to a report. A confluence of global... 


De Grey meets initial Egina gold project commitment
De Grey meets initial Egina gold project commitment
10th October 2024 By: Creamer Media Reporter

Australia-listed De Grey Mining has completed its minimum expenditure of A$7-million to earn into Novo Resources’ Egina project, in Western Australia. In terms of the 2023 agreement with Novo, De... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


The Kibali processing plant
Significant near-mine discoveries promise to keep Kibali going for a long time
9th October 2024 By: Darren Parker

New York- and Toronto-listed Barrick Gold has said there are significant near-mine discoveries within trucking distance of its Kibali plant in the Democratic Republic of Congo (DRC) that could... 


Mali says Barrick Gold owes $500m in taxes, fines - sources
9th October 2024 By: Reuters

Mali's military government is seeking at least 300-billion CFA ($512-million) in outstanding taxes and dividends from Barrick Gold, three sources said, a move that is part of a push by the country... 


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