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Damang mine, in Ghana
Gold Fields secures extension to continue mining at Damang
24th April 2025 By: Marleny Arnoldi

JSE-listed Gold Fields will continue operations at its Damang mine, in Ghana, following extensive engagements with the Ghanaian government, which had initially rejected the company’s application to... 


Barrick CEO Mark Bristow
Barrick is cashing in on gold’s record rally with asset sales
24th April 2025 By: Bloomberg

For Barrick Gold, one of the world’s top bullion producers, the precious metal’s blistering rally to record prices is looking like a great opportunity to raise some cash as the company looks to... 


Ghana and Gold Fields reach transitional deal on Damang mine
Ghana and Gold Fields reach transitional deal on Damang mine
24th April 2025 By: Reuters

Ghana and Gold Fields have reached an agreement on a transitional plan for Damang mine, the West African country's presidency said on Wednesday. Last week, Ghana assumed operational control of the... 


Mulino rules out mining contract law to resolve Cobre Panama dispute
24th April 2025 By: Reuters

Panama will not offer a new mining contract law to resolve the Cobre Panama dispute and is still undecided regarding the way forward for the future of the mine, Panama President Jose Raul Mulino... 


Newmont profit beats estimates as gold rally trumps weak output
Newmont profit beats estimates as gold rally trumps weak output
24th April 2025 By: Reuters

The world's biggest gold miner Newmont beat Wall Street estimates for first-quarter profit on Wednesday as a rally in bullion prices helped offset lower production, sending its shares up 2% after... 


Platinum coins. Picture: The Royal Mint.
Investing in digital platinum is soaring, World Platinum Investment Council reports
23rd April 2025 By: Martin Creamer

A digital platform that makes investing in platinum easier than ever before is reaping rewards. In the first three months of 2025, the volume of platinum sold on the DigiPlatinum investment... 


Askari Metals exploration
Askari appoints CPS strategic capital markets adviser to aid African prospects
23rd April 2025 By: Marleny Arnoldi

ASX-listed battery metals-focused company Askari Metals has appointed CPS Capital Group as a strategic capital markets adviser to the company for 12 months. CPS has experience in the global... 


Northern Star’s De Grey acquisition becomes effective
Northern Star’s De Grey acquisition becomes effective
23rd April 2025 By: Creamer Media Reporter

Australian gold miner Northern Star Resources’ proposed acquisition of gold developer De Grey Mining has cleared its final legal hurdle, with the Federal Court of Australia approving the... 


Western investors are piling into gold market after three-year hiatus
23rd April 2025 By: Bloomberg

Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded... 


Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
23rd April 2025 By: Mariaan Webb

TSX- and NYSE-listed Triple Flag Precious Metals on Tuesday announced the acquisition of TSX-V-listed Orogen Royalties in a C$421-million transaction that would give the royalty and streaming firm... 


Ascot appoints interim CFO
23rd April 2025 By: Creamer Media Reporter

Canadian gold developer Ascot Resources has announced a leadership change with the appointment of Christopher Park as interim CFO, effective May 15. Park will succeed CFO Carol Li, who is set to... 


Caracal executive director Jason Brewer
Caracal appoints new nonexec directors, chairperson
23rd April 2025 By: Sabrina Jardim

Aim-listed Caracal Gold has appointed Noreen Kidunduhu as its new independent nonexecutive chairperson and Kevin Warrington, Martin Westerman, Hannah Wang'ombe and Edward Ruheni as independent... 


JP Morgan see gold prices crossing $4 000/oz by Q2 2026
JP Morgan see gold prices crossing $4 000/oz by Q2 2026
23rd April 2025 By: Reuters

JP Morgan sees gold prices crossing the $4 000 per ounce milestone next year, following increased recession probabilities amid boosted US tariffs and an ongoing US-China trade war, the bank said in... 


The Hemlo mine
Barrick Gold seeks buyers for its last mine in Canada
23rd April 2025 By: Bloomberg

Barrick Gold is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April... 


An oil refinery
Silver lining spied for Africa’s gold exporters, oil importers
22nd April 2025 By: Bloomberg

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While... 


The Donlin Gold project in Alaska
Barrick exits Donlin Gold in $1.1bn deal with Paulson and NOVAGOLD
22nd April 2025 By: Mariaan Webb

Canadian miner Barrick Gold on Wednesday announced a deal to divest its 50% stake in the Donlin Gold project in Alaska for up to $1.1-billion, marking an exit from the asset while strengthening its... 


Guinea flag
Traka enters into 75% earn-in agreement in Guinea
22nd April 2025 By: Marleny Arnoldi

ASX-listed Traka Resources has signed an exclusive agreement with Guinea-based Alamako Corporation International to earn a 75% interest in the Didi gold project, which is highly prospective for... 


Gold trinkets
Rand Refinery deepens support to prior mentees in mentorship programme
22nd April 2025 By: Marleny Arnoldi

Gold and silver refiner Rand Refinery has reaffirmed its commitment to inclusive growth and enterprise development in the local jewellery sector, as its Silver and Gold Mentorship Programme enters... 


Kavango secures $5m from Zimbabwe pension funds
22nd April 2025 By: Sabrina Jardim

London-listed Kavango Resources has issued a $5-million convertible loan note facility to a consortium of Zimbabwe-registered pension funds. The company notes that the facility is interest free and... 


The Cangrejos camp in Ecuador
CMOC to acquire Lumina Gold in C$581m all-cash deal
22nd April 2025 By: Mariaan Webb

Chinese mining company CMOC Group has agreed to acquire Canada's Lumina Gold in an all-cash deal valued at C$581-million.  The transaction, announced on Monday, will mark a step forward for the... 


Gold surges to record as Trump ramps up threats on Fed’s Powell
Gold surges to record as Trump ramps up threats on Fed’s Powell
22nd April 2025 By: Bloomberg

Gold rose to an all-time-high, after concern that President Donald Trump could fire Federal Reserve Chair Jerome Powell triggered a flight from US stocks, bonds and the dollar. Bullion climbed as... 


A row of green Schurco Slurry pumps ready for packing to be shipped off
Supplier growing tailings product footprint globally
18th April 2025 By: Halima Frost

Heavy-duty slurry pump manufacturer Schurco Slurry has developed its presence in South Africa’s tailings transfer/retreatment and storage facilities (TSFs) sector owing to its expert engineering,... 


A photo of an Aaachen High Sheer Reactor installed at a tailings facility to extract more resources from tailings
Technology advances tailings reclamation
18th April 2025 By: Halima Frost

Aachen High Shear Reactor technology, predominantly used in the gold extraction process, has grown in popularity, as evidenced by commercial minerals processing and metallurgical testwork company... 


Euro Sun CEO Grant Sboros (left) with Euro Sun GM Dr Sorin Halga.
South African resolve helping to turn copper/gold deposit to account in Romania
17th April 2025 By: Martin Creamer

Toronto-listed Euro Sun Mining’s South African CEO is reported to have exercised considerable resolve in helping to remove the obstacles in the way of turning one of Europe’s large copper/gold... 


An image of Lexington Gold exploration
Lexington raises £530 000 to progress project activities
17th April 2025 By: Tasneem Bulbulia

Aim-listed Lexington Gold, with projects in South Africa and the US, has raised, in aggregate, gross proceeds of £530 000 through the issue of 15.6-million new common shares to new and existing... 


An outline of a map of Nigeria with the Nigerian flag
Nigeria signs minerals pact with South Africa in diversification push
17th April 2025 By: Reuters

Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria's mines minister said on Thursday, highlighting Abuja's push to diversify its economy away from oil. Mines... 


Allied Gold launches C$80m bought deal
17th April 2025 By: Creamer Media Reporter

Canada-headquartered Allied Gold on Wednesday announced a C$80-million bought deal public offering alongside a concurrent block trade, as the miner looks to improve share liquidity. The... 


A truck operating at the Damang mine
Ghana government takes control of Damang mine operated by Gold Fields
17th April 2025 By: Reuters

Ghana has assumed operational control of Gold Fields' Damang mine after it rejected an application from the South African company to renew its lease, the government said on Wednesday, breaking a... 


Newmont CEO Tom Palmer
Newmont wraps up noncore asset sales, banks $2.5bn this year
16th April 2025 By: Mariaan Webb

Gold major Newmont has completed its previously announced non-core divestiture programme, closing the sales of its Akyem mine in Ghana and Porcupine operation in Canada. The company has now... 


Newmont sold the Porcupine mine to Discovery Silver as part of a larger asset divestiture programme.
Discovery Silver completes Porcupine deal
16th April 2025 By: Creamer Media Reporter

Precious metals company Discovery Silver has officially joined the ranks of Canadian gold producers with the closing of its acquisition of Newmont’s Porcupine operations in Ontario. The... 


Barrick warns of escalation in Mali, slams govt over office closure
Barrick warns of escalation in Mali, slams govt over office closure
16th April 2025 By: Mariaan Webb

Canada-headquartered Barrick Gold on Wednesday issued a sharp rebuke to the government of Mali as tensions over taxes escalated, warning that the viability of its flagship Loulo-Gounkoto mine is... 


Gold climbs to record as expanding trade war aids haven demand
Gold climbs to record as expanding trade war aids haven demand
16th April 2025 By: Bloomberg

Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens. Bullion climbed above $3 248 an ounce for the... 


SolGold looks at early openpit strategy to accelerate Cascabel development
SolGold looks at early openpit strategy to accelerate Cascabel development
15th April 2025 By: Mariaan Webb

Dual-listed SolGold is pursuing an early production strategy that prioritises openpit and sub-level caving opportunities at its Cascabel copper/gold project in Ecuador, aiming to accelerate cash... 


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This week: Following Shuka, two more JSE listings on way; Valterra Platinum makes its debut on the JSE; and, Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
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