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Wesdome appoints Belleau as COO
1st October 2024 By: Creamer Media Reporter

Canada-focused Wesdome Gold Mines has appointed Guy Belleau as COO with effect from September 30. Belleau is a professional engineer who has spent more than three decades in mine operations,... 


The Dalgaranga process plant
Osisko buys royalties on Spartan’s Dalgaranga project
1st October 2024 By: Creamer Media Reporter

Toronto- and New York-listed Osisko Gold Royalties has entered into an agreement to acquire a 1.8% gross revenue royalty on the Dalgaranga gold project, operated by Spartan Resources, in Western... 


Pan African FD Marileen Kok
Pan African appoints Kok as FD
1st October 2024 By: Creamer Media Reporter

Midtier gold producer Pan African Resources has appointed Marileen Kok FD as a member of the board's social and ethics committee, with effect from October 1. She will also be appointed as a... 


Ore stockpiles at Loulo-Gounkoto in Mali
Barrick Gold and Mali government to find resolution for Loulo, Gounkoto gold mines
1st October 2024 By: Reuters

Barrick Gold Corp and the Mali government have decided to find a resolution to existing claims and disputes over the Loulo and Gounkoto gold mines in the West African country, the company said on... 


Goldman Sachs raises gold price forecast to $2 900/oz for early 2025
Goldman Sachs raises gold price forecast to $2 900/oz for early 2025
30th September 2024 By: Reuters

Goldman Sachs on Monday raised its gold price forecast to $2 900/oz from $2 700/oz for early 2025 citing gradually rising ETF flows with interest rate cuts in the West and China, and higher central... 


Magnetic raises A$10m to advance Lady Julie gold project
30th September 2024 By: Creamer Media Reporter

ASX-listed Magnetic Resources on Monday announced the successful completion of a A$10-million single placement to sophisticated and institutional investors. The placement, which was oversubscribed,... 


Blyvoor Gold Mine, west of Johannesburg.
Blyvoor gold mine expects to ramp up to 80 000 oz in three years – Aurous
30th September 2024 By: Martin Creamer

Blyvoor gold mine on Johannesburg’s West Rand has sold 16% more gold to the end of August, Aurous Gold stated in a mid-year release on Monday. Gold production for the fiscal 2025 half-year to the... 


Schneider Electric, Harmony to upgrade Moab Khotsong Centre instrumentation workshop
30th September 2024 By: Schalk Burger

Energy management and automation company Schneider Electric and gold mining company Harmony Gold have formed a strategic partnership to upgrade the instrumentation workshop of the Harmony Moab... 


Western Copper appoints new chairperson
30th September 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Western Copper and Gold has announced the appointment of Raymond Threlkeld as chairperson. Threlkeld, who joined the board in June this year, succeeds Bill Williams,... 


Gold refining
Tanzania orders gold dealers to reserve 20% for purchase by central bank
30th September 2024 By: Reuters

Tanzania's mining regulator has ordered all mining firms and traders exporting gold to allocate at least 20% of the commodity for sale to the central bank to bolster the bank's move to diversify... 


Indian mining contractor invests in Rumble Resources
27th September 2024 By: Creamer Media Reporter

An associate company of Indian mining contractor BGR Mining and Infra is set to become a strategic shareholder in Western Australian company Rumble Resources. “BGR have been keen to expand their... 


Goldplat chairperson, nonexec director step down
27th September 2024 By: Tasneem Bulbulia

Aim-listed Goldplat nonexecutive chairperson Gerard Kemp and nonexecutive director Sango Ntsaluba have informed the company that they do not intend to stand for re-election at the next AGM, which... 


Element79 set to launch Peru tailings reprocessing business
27th September 2024 By: Mariaan Webb

Mining company Element79 Gold is making headway with its vision of restarting the past-producing Lucero gold and silver mine in the Arequipa region of Peru. The CSE-listed company has signed a... 


Hummingbird workers near conveyor belt
Hummingbird announces groupwide strategic review
27th September 2024 By: Marleny Arnoldi

Aim-listed Hummingbird Resources has started with a comprehensive groupwide review to assess the capacity of its current platform to deliver sustainable production growth and value creation at its... 


Another Managem mine, Oumejrane, in Morocco
Wärtsilä to deliver six engines to Senegal power plant by December
27th September 2024 By: Marleny Arnoldi

Technology group Wärtsilä is gearing up to install six of its 32 model diesel engines at a 17 MW power plant at Moroccon miner Managem’s Boto gold mine, in Senegal. Wärtsilä was awarded the... 


China stimulus, mighty gold puts silver on a streak, but not without risk
China stimulus, mighty gold puts silver on a streak, but not without risk
27th September 2024 By: Reuters

Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's stimulus measures, although some analysts expect the rally to fade as... 


Rincon kicks starts Laverton gold exploration strategy
26th September 2024 By: Creamer Media Reporter

ASX-listed Rincon Resources is set to start a major soil sampling programme to define gold targets for drilling at its Laverton project, in the Eastern Goldfields of Western Australia. Rincon has... 


DRDGOLD's Ergo operation
DRDGOLD commits R2.5m to provide skills training for Gauteng youth
26th September 2024 By: Marleny Arnoldi

Gauteng Growth and Development Agency subsidiary The Innovation Hub has signed a memorandum of understanding with NYSE- and JSE-listed surface gold tailings retreatment company DRDGOLD’s Ergo... 


The Bibiani mine
Asante raises C$136m from strategic investor
26th September 2024 By: Creamer Media Reporter

Canadian miner Asante Gold on Wednesday announced an equity financing agreement with a strategic investor to raise C$136-million. The company, which operates the Bibiani and Chirano gold mines in... 


Mike Schmidt, ARM Executive Growth and Strategic Development in the Executive Chairperson’s office.
African Rainbow Minerals crowns grade as king, declares war on reef waste on PGMs front
26th September 2024 By: Martin Creamer

Two acronyms were drummed into new mining entrants in the days of yore – GIK and WAR. GIK is short for ‘grade is king’ and at the opposite end of the scale, everyone was urged to declare war on... 


Astral raises A$25m to fund Mandilla gold project through to FID
25th September 2024 By: Creamer Media Reporter

Gold developer Astral Resources has secured A$25-million through a two-tranche placement, ensuring the company is fully funded to complete the prefeasibility and definitive feasibility studies for... 


Dart targets gold/antimony potential near Triumph project
25th September 2024 By: Creamer Media Reporter

ASX-listed Dart Mining has applied for a new exploration permit adjacent to its recently acquired Triumph gold project in central Queensland. The application is driven by the promising gold and... 


Hummingbird reports lower revenue, confident of improved production later this year
25th September 2024 By: Sabrina Jardim

Amid a challenging period for aim-listed Hummingbird Resources and its stakeholders in the face of operational and market headwinds, CEO Dan Betts says the company has made significant strides in... 


The hydraulicmining of gold on surface by Johannesburg
Pan African joins Harmony, DRDGOLD, Gold Fields on US gold miners’ index
25th September 2024 By: Martin Creamer

Johannesburg- and London-listed gold mining company Pan African Resources has joined Harmony Gold, DRDGOLD, Gold Fields and AngloGold Ashanti on the Van Eck Gold Miners’ GDX index, an exchange... 


SSR targets Oct restart at Seabee mine
SSR targets Oct restart at Seabee mine
25th September 2024 By: Creamer Media Reporter

Denver-based SSR Mining is preparing to restart operations at its Seabee mine in Saskatchewan, Canada, by the second half of October, following a significant reduction in wildfire activity near the... 


500 solar panels have been installed, which will be connected to the Troilus camp to provide supplementary and back-up power.
Troilus boosts offering to C$28m, expands renewable energy at site
25th September 2024 By: Creamer Media Reporter

Development-stage mining company Troilus Gold has upsized its previously announced bought-deal offering to C$28-million. The offering will now comprise 51.15-million units at C$0.35 each,... 


Indonesia President inaugurates production of Freeport Indonesia's copper smelter
23rd September 2024 By: Reuters

Indonesian President Joko Widodo on Monday oversaw the launch of copper cathode production at Freeport Indonesia's smelter in East Java province. The new $3.7-billion smelter has annual input... 


Fatal rockfall incident claims life at Caledonia's Blanket mine
Fatal rockfall incident claims life at Caledonia's Blanket mine
23rd September 2024 By: Creamer Media Reporter

Gold miner Caledonia Mining has confirmed a fatal accident at its Blanket mine, in Zimbabwe. The incident occurred on September 21, when an employee was struck by a fall of rock while drilling in... 


Apollo Silver to option Cinco de Mayo project
23rd September 2024 By: Creamer Media Reporter

TSX-V-listed Apollo Silver has announced an exploration, earn-in and option agreement with fellow-listed MAG silver to acquire the Cinco de Mayo project, in Mexico. Chairperson and interim CEO... 


First Quantum's Sentinel mine
Zambian miners resist State taking bigger stake in resources
23rd September 2024 By: Bloomberg

Zambian mining companies met with the government to resolve differences over a proposed legal change that would potentially give the state a bigger share of its mineral resources. Draft... 


Photo of Martin Creamer
PGMs, decarbonisation, surface gold recovery make headlines
20th September 2024

Mining Weekly Editor Martin Creamer discusses the R18bn platinum group metals project in Limpopo that received the feasibility green light; Heraeus believes platinum group metals can play an... 


Trigg acquires Spartan and Taylors Arm antimony projects in NSW
20th September 2024 By: Schalk Burger

ASX-listed gold and base metals exploration and development company Trigg has signed a binding purchase agreement to acquire 100% of the ultra-high grade Spartan and Taylors Arm antimony projects... 


Gold’s record surge dampens China’s holiday shopping enthusiasm
Gold’s record surge dampens China’s holiday shopping enthusiasm
20th September 2024 By: Bloomberg

Gold’s months-long, record-breaking surge is keeping consumers at bay in China, tarnishing what should be one of the busiest times of the year for jewelry retailers in the world’s biggest buyer.... 


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