https://newsletter.mw.creamermedia.com

Receive our free daily newsletter:

Gold

sponsored by

Caracal amends heads of terms with Cynergy, second payment due late August
15th August 2024 By: Sabrina Jardim

As an amendment to the heads of terms with Cynergy Global, London-listed Caracal Gold says the second tranche payment of $500 000 is now due by August 20. Under Phase 1 of Cynergy's three phased... 


Artemis reports 'exceptionally' high grades at Pilbara discovery
Artemis reports 'exceptionally' high grades at Pilbara discovery
15th August 2024 By: Creamer Media Reporter

The share price of Artemis Resources surged 20% on the ASX on Thursday, as the company announced the discovery of “exceptionally” high-grade gold vein discovery at the Titan prospect, part of the... 


Franco-Nevada acquires Yanacocha royalty
Franco-Nevada acquires Yanacocha royalty
15th August 2024 By: Mariaan Webb

Toronto- and New York-listed Franco-Nevada has acquired an existing 1.8% net smelter return (NSR) royalty on all minerals covering Newmont’s Yanacocha mine, in Peru. The company will pay Compania... 


Canada’s Yukon seeks to place Victoria Gold into receivership
Canada’s Yukon seeks to place Victoria Gold into receivership
15th August 2024 By: Bloomberg

The government of a Canadian territory is seeking to place Victoria Gold into receivership after a major landslide and cyanide spill at the company’s flagship bullion mine earlier this summer.... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


Larger Bluebird-South Junction a ‘game changer’ for Westgold
14th August 2024 By: Mariaan Webb

Gold mining company Westgold is rapidly building a mine of “significant scale and life” at Meekatharra, in Western Australia, says MD and CEO Wayne Bramwell, announcing a maiden ore reserve for the... 


Perseus chairperson and CEO Jeff Quartermaine
Perseus takes a stake in Predictive Discovery
14th August 2024 By: Creamer Media Reporter

ASX- and TSX-listed Perseus Mining has acquired a 13.82% interest in Predictive Discovery from London-listed mining services company Capital for $31.2-million. Predictive is an ASX-listed company... 


Gold approaches record high with focus on US inflation data
Gold approaches record high with focus on US inflation data
14th August 2024 By: Bloomberg

Gold edged up to near a record, as investors awaited key inflation data that could prompt the Federal Reserve to cut interest rates next month. Bullion reached as high as $2 478.61 an ounce –... 


Kincora and partner AngloGold target new copper/gold district
Kincora and partner AngloGold target new copper/gold district
14th August 2024 By: Mariaan Webb

TSX-V- and ASX-listed Kincora Copper on Wednesday outlined plans for the next chapter of copper/gold-focused drilling in the Macquarie Arc, in New South Wales, with a first programme in partnership... 


Evolution posts record ‘24 profit, sets sights on higher output
Evolution posts record ‘24 profit, sets sights on higher output
14th August 2024 By: Mariaan Webb

Australian gold mining company Evolution is ideally positioned for the 2025 financial year, said MD and CEO Lawrie Conway on Wednesday, reporting record 2024 profit and high margin cash flow. The... 


DRDGOLD recovery operations
Higher gold price boosts DRDGOLD’s full-year revenue
14th August 2024 By: Darren Parker

JSE-, ASX- and NYSE-listed DRDGOLD has reported a 14% year-on-year increase in revenue to about R6.24-billion for the financial year ended June 30, which the company said was mainly owing to a 20%... 


Illegal mining soars near First Quantum's idled Panama mine
Illegal mining soars near First Quantum's idled Panama mine
14th August 2024 By: Bloomberg

Illegal mining near First Quantum Minerals' Cobre Panama copper mine has soared since the facility suspended operations last year, an industry group warns. More than 250 instances of illegal... 


The Amazon rainforest
Germany, Italy import legally dubious Brazilian gold, study shows
14th August 2024 By: Reuters

All Brazilian gold imports by Germany and 71% by Italy come from areas of the Amazon where illegal mining is rampant, a think thank said on Tuesday, calling for increased European scrutiny. All 1.3... 


Resources Watch
Resources Watch
14th August 2024

This week: Re-opened Rietberg copper mine on way to becoming Copper 360’s cash cow; AngloGold interim dividend up 450%, half-year free cash flow lifts to $206m and, Argentina is the next frontier... 


Barrick CEO Mark Bristow
Africa delivers ‘usual reliable performance’ with steady output, lower costs – Barrick
13th August 2024 By: Martin Creamer

The Africa region delivered its “usual reliable performance” with steady production and well contained costs, Barrick CEO Dr Mark Bristow reported this week when it maintained its quarterly... 


Solidarity says RMA accepts claims of five members injured in December 2023 mine strike
13th August 2024 By: Creamer Media Reporter

Trade union Solidarity says Rand Mutual Assurance (RMA) has accepted the claims for damages of five members injured in a strike at the Gold One mine in December last year. The union says its... 


PNG’s Woodlark resource increased to 1.67Moz
13th August 2024 By: Creamer Media Reporter

Exploration and development company Geopacific Resources has announced a new mineral resource estimate for the Woodlark gold project, in Papua New Guinea. The Woodlark resource now stands at... 


South Africa's mining production decreased by 3.5% y/y in June
13th August 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions.... 


A map indicating the location of the Beisa North and South projects
Neo Energy Metals to acquire two uranium, gold projects in South Africa's Witwatersrand basin
13th August 2024 By: Chanel de Bruyn

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 


Barrick CEO Mark Bristow
Barrick open to being partner in Cobre Panama mine, CEO says
13th August 2024 By: Reuters

Barrick Gold stands ready to be a partner in the Cobre Panama copper mine once the Panamanian government decides on the disputed asset's future, Mark Bristow, CEO of the Canadian gold and copper... 


Tribunal approves ARM’s buyout of remaining Nkomati JV stake
12th August 2024 By: Sabrina Jardim

The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an... 


Barrick Gold reports Q2 profit beat on higher output, prices
Barrick Gold reports Q2 profit beat on higher output, prices
12th August 2024 By: Reuters

Canada's Barrick Gold edged past Wall Street estimates for second-quarter profit on Monday, as the company benefited from higher prices and robust production. Barrick's US-listed shares were up... 


Caledonia on track to achieve full-year production guidance at Blanket
12th August 2024 By: Sabrina Jardim

Aim-listed Caledonia Mining says it is on track to achieve full-year production guidance of 74 000 oz to 78 000 oz at its Blanket gold mine, in Zimbabwe. The company notes that the mine produced 20... 


Gold Fields CEO Mike Fraser
Gold Fields buys Canada’s Osisko for C$2.16bn
12th August 2024 By: Mariaan Webb

South Africa-headquartered Gold Fields on Monday announced that it would buy Canadian firm Osisko Mining for C$2.16-billion in an all-cash cash deal that would give it full control of the Windfall... 


The Fekola mine in Mali
B2Gold lowers Fekola guidance for 2024
12th August 2024 By: Mariaan Webb

Precious metals miner B2Gold has reduced its production guidance for the year, on the back of lower-than-expected output from its Fekola mine, in Mali. The Canada-headquartered miner is... 


Gold steadies before US inflation data as recession fears linger
Gold steadies before US inflation data as recession fears linger
12th August 2024 By: Bloomberg

Gold steadied ahead of key US data prints this week, with traders focused on whether they will reinforce bets the Federal Reserve will soon pivot to monetary easing. Bullion was trading near $2... 


The Hemlo operation in Ontario, Canada
Barminco secures Barrick contract extension in Canada
12th August 2024 By: Creamer Media Reporter

ASX-listed Perenti has announced that its underground mining business, Barminco, has signed a three-year contract with Barrick Gold to continue contract mining at the Hemlo gold mine, in Canada.  


The Didipio mine, in the Philippines.
OceanaGold reports Didipio fatality
12th August 2024 By: Creamer Media Reporter

Toronto-listed OceanaGold on Friday reported the death of a contractor working at its Didipio mine, in the Philippines. The worker sustained serious head injuries while attempting to remove a... 


Olympic gold medals are worth more than ever after cost of metals surged
Olympic gold medals are worth more than ever after cost of metals surged
12th August 2024 By: Bloomberg

Olympic gold medals are worth more than ever at this year’s Paris games, with the raw materials that go into them having the potential to fetch about $900 each. The medals contain six grams of... 


The judicial review was reportedly against Minister Francois-Philipe Champagane's order seeking a national security review of Jinteng's deal to buy Pan American Silver's assets in Peru.
Chinese mining firm files judicial review against Ottawa
12th August 2024 By: Reuters

Jinteng Mining, a subsidiary of Chinese gold and copper company Zijin Mining Group, has sought a judicial review against Canada's decision regarding a Canadian company's sale of a gold mine in... 


Gold Fields to report lower interim earnings
8th August 2024 By: Creamer Media Reporter

Gold miner Gold Fields expects to report headline earnings per share (HEPS) of between $0.34 and $0.38 for the six months ended June 30 – a 25% to 33% decrease on the HEPS reported for the first... 


The Agbaou openpit in Côte d'Ivoire
Allied enters $53m streaming deal with Triple Flag
8th August 2024 By: Mariaan Webb

Canada-based Allied Gold has announced a streaming transaction with Triple Flag, which will provide the miner with a $53-million upfront cash payment, as well as ongoing payments equal to 10% of... 


IGO negotiating potential Forrestania deal with Medallion
IGO negotiating potential Forrestania deal with Medallion
8th August 2024 By: Mariaan Webb

Nickel and lithium miner IGO is negotiating a potential transaction with Medallion Metals to divest of the Cosmic Boy processing facility and infrastructure at the Forrestania Nickel project.... 


3 4 5 6
7
8 9 10 11

Sector News

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 4.75s - ct: 4.985s - 384pq - 2rq
Subscribe Now