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‘Show me the money’: Record gold price is test for top miners
‘Show me the money’: Record gold price is test for top miners
12th February 2025 By: Bloomberg

Gold prices are hovering around record highs, but Barrick Gold and Newmont have frustrated investors by failing to capitalise on bullion’s rally. The next ten days gives the top producers a chance... 


Goldplat's South African operations swing to profit for the second quarter
12th February 2025 By: Chanel de Bruyn

The CEO of Aim-listed mining services group Goldplat, Werner Klingenberg, has applauded the work undertaken at its gold recovery operations in South Africa and Ghana during the quarter ended... 


St Barbara to separate Canada operations
St Barbara to separate Canada operations
12th February 2025 By: Mariaan Webb

Australia's St Barbara announced on Wednesday its intention to separate the Atlantic Gold Operations in Nova Scotia, Canada, from the broader company. The decision, the ASX-listed miner said,... 


Evolution Mining hits over four-year high after profit beats estimates
Evolution Mining hits over four-year high after profit beats estimates
12th February 2025 By: Reuters

Shares of Australia's Evolution Mining jumped to a more than four-year high on Wednesday after the gold miner's half-year profit topped market estimates. The stock rose as much as 2.4% to A$6.370,... 


Underground mining at Loulo in Mali
Mali and Barrick talks suspended without reaching an agreement
12th February 2025 By: Bloomberg

Mali and Barrick Gold Corp’s negotiations to end a protracted dispute over payments from the country’s biggest gold mine have been suspended, according to people familiar with the government’s... 


Revival targets up to 100 000 oz/y from redeveloping Utah gold mine
11th February 2025 By: Creamer Media Reporter

TSX-V-listed Revival Gold is advancing plans to redevelop the Mercur gold project in Utah, with the company targeting gold production of 80 000 oz/y to 100 000 oz/y over a nine-to-ten-year mine... 


Challenger moves towards production at Argentina project
11th February 2025 By: Creamer Media Reporter

Gold and copper exploration company Challenger Gold has announced progress towards mining and toll milling at its flagship Hualilan project in Argentina, securing multiple mining contracts and a... 


Gold refining
Gold bulls lock in on glittering milestone; $3 000/oz in sight
11th February 2025 By: Reuters

US President Donald Trump's latest tariff threats have ignited another gold rush, propelling the safe-haven metal to new heights and bringing the glittering $3 000 milestone into view. Spot gold... 


Rio Grande lists on Canadian Securities Exchange
11th February 2025 By: Creamer Media Reporter

The Canadian Securities Exchange (CSE) on Monday welcomed Rio Grande Resources to its exchange following a spin-out transaction by Foremost Clean Energy. The new Vancouver-based exploration... 


Labour, inflation to weigh on gold miners' results
Labour, inflation to weigh on gold miners' results
11th February 2025 By: Reuters

Higher labour costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow.... 


Heraeus highlights increasing platinum demand from the pharmaceutical sector
10th February 2025 By: Tasneem Bulbulia

Global technology group Heraeus says in its ‘Precious Appraisal’ report that pharmaceutical platinum demand is expected to rise steadily moving forward. It explains that, with the World Health... 


Hand holding illegally mined gold
South Africa halts search for trapped illegal miners over safety concerns
10th February 2025 By: Reuters

South African authorities on Monday suspended rescue operations for an unspecified number of alleged illegal miners trapped in an abandoned mine shaft west of Johannesburg due to safety concerns.... 


Flashback to President Cyril Ramaphosa during South Africa's hosting of the BRICS Summit.
Could BRICS Plus play a new-era role in aiding Africa's strong beneficiation aspirations?
10th February 2025 By: Martin Creamer

Collectively, Africa’s critical mineral resources are attractively expansive. Could BRICS Plus potentially become a widespread new-era platform for distinctive mining and metals collaboration and... 


African Pioneer raises funds for Namibia project
10th February 2025 By: Creamer Media Reporter

London-listed African Pioneer, which owns projects in Namibia, Botswana and Zambia, has raised £420 000 from existing and new shareholders to further develop its Ongombo copper/gold project, in... 


An image of the the Mogale tailings retreatment project
Pan African expects to report higher interim EPS, but lower HEPS
10th February 2025 By: Tasneem Bulbulia

Gold producer Pan African Resources expects its earnings per share (EPS) for the six months ended December 31 to be between $0.0224 and $0.0246, an increase of between 5% and 15% compared with the... 


Gold edges higher toward record as Trump tariffs aid haven bids
Gold edges higher toward record as Trump tariffs aid haven bids
10th February 2025 By: Bloomberg

Gold rose toward a record high after President Donald Trump said he would announce duties on steel and aluminum imports on Monday, adding to increasing uncertainty in global financial markets.... 


Rio2 CEO Andrew Cox
Rio2 starts building Fenix gold mine
10th February 2025 By: Creamer Media Reporter

Vancouver-based Rio2 last week celebrated the official start of construction of its Fenix gold mine, in the Maricunga gold belt of Chile’s Atacama. The event, held on Thursday, was attended by... 


A truck at the Loulo-Gounkoto mine
Mali gold production plunges 23% in 2024
10th February 2025 By: Reuters

Mali's industrial gold production plunged 23% to 51 metric tons last year from 66.5 tons in 2023, the West African country's mines ministry said. Mali is one of Africa's top gold producers and home... 


Barrick reports higher reserves, with Reko Diq making a substantial contribution
7th February 2025 By: Sabrina Jardim

Global gold and copper miner Barrick Gold Corporation has reported that its attributable proven and probable gold mineral reserves have increased by 17.4-million ounces before 2024 depletion.... 


Alex Dall
Surprise turn as Gold Fields' permanent financial task now falls to interim CFO Dall
7th February 2025 By: Martin Creamer

Phillip Anthony Murnane will no longer be the new CFO of Gold Fields, as was announced on the JSE Stock Exchange News Service (SENS) in August last year. Instead, as from March 1, that role will be... 


Gold prices to remain up, reaching $3 000/oz in near-term, says Citi
Gold prices to remain up, reaching $3 000/oz in near-term, says Citi
7th February 2025 By: Reuters

Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3 000 mark, as geopolitical uncertainties continue to shape investor sentiment.... 


An aerial image of Foran Mining's McIlvenna Bay site
Canada project to see commercial production in 2026
7th February 2025 By: Nadine Ramdass

This year will be important for explorer and developer Foran Mining as it transitions from a developer to a producer with the construction of its flagship copper/zinc/gold/silver McIlvenna Bay... 


Blackstone to acquire Mankayan copper/gold project in merger with IDM
Blackstone to acquire Mankayan copper/gold project in merger with IDM
6th February 2025 By: Creamer Media Reporter

Australia-listed Blackstone Minerals on Thursday announced a binding scheme implementation deed with IDM International for an all-scrip merger, securing ownership of the Mankayan copper/gold... 


DRDGOLD expects to report up to 70% increase in EPS, HEPS
6th February 2025 By: Sabrina Jardim

JSE-listed DRDGOLD says it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 109.2c and 116c for the six months ended December 31. That compares with the... 


Southern Palladium executive chairperson Roger Baxter
International investors showing interest in South African PGMs
6th February 2025 By: Rebecca Campbell

Southern Palladium executive chairperson Roger Baxter has reported that interest in investing in South African mining projects is re-emerging on North American bourses. He was talking to... 


Skouries capital costs rise to over $1bn, timeline adjusted
Skouries capital costs rise to over $1bn, timeline adjusted
6th February 2025 By: Mariaan Webb

Canada’s Eldorado Gold on Wednesday announced a revised timeline and capital cost estimate for its Skouries copper/gold project in Greece, citing ongoing labour shortages as a key factor for the... 


Ascot faces working capital shortage as Premier mill restart is delayed
Ascot faces working capital shortage as Premier mill restart is delayed
5th February 2025 By: Mariaan Webb

Vancouver-based Ascot Resources has announced a delay in the restart of milling operations at its Premier Gold Project (PGP) in British Columbia, citing slower-than-expected underground development... 


An image of gold jewellery
Gold demand reached a new high in 2024, World Gold Council reveals
5th February 2025 By: Tasneem Bulbulia

Total gold demand, including over-the-counter (OTC) investment, rose 1% year-on-year in the fourth quarter to reach a new quarterly high and contribute to a record yearly total of 4 974 t, industry... 


Employees at a Barrick mine
Barrick Gold reaffirms its commitment to sustainability
5th February 2025 By: Rebecca Campbell

Global gold and copper miner Barrick Gold Corporation was committed to sustainability, highlighted the company’s group sustainability executive Grant Beringer. He was speaking at the annual Digby... 


An image showing the Doornkop mine
Five miners perish at Harmony Gold’s Doornkop, Joel mines
5th February 2025 By: Tasneem Bulbulia

JSE-listed Harmony Gold Mining Company has confirmed two separate loss-of-life incidents at its Doornkop and Joel mines, on February 4, which resulted in five mineworkers losing their lives. Two... 




The Marban deposit is adjacent to Agnico-Eagle's Canadian Malartic complex (pictured).
Agnico Eagle secures 96.5% stake in O3 Mining
5th February 2025 By: Creamer Media Reporter

Canadian miner Agnico Eagle Mines has moved closer to completing its acquisition of TSX-V-listed O3 Mining after securing 96.5% of the company’s outstanding shares through its takeover bid. Agnico... 


Gold holds near record high as trade war stokes haven demand
Gold holds near record high as trade war stokes haven demand
5th February 2025 By: Bloomberg

Gold held near a record high in Asian trading, after rising by almost 1% in the previous session, as the opening salvos of the US-China trade war stoked haven demand. Bullion reached an all-time... 


Mark Bristow
Barrick CEO says miner making progress in dispute with Mali
5th February 2025 By: Bloomberg

Barrick Gold CEO Mark Bristow said the company is “making progress” in its dispute with Mali’s military regime, but the advances haven’t come as fast as expected. The Canadian company last month... 


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