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Richard Young
New i-80 Gold CEO unveils fresh development plan, strategic direction
13th November 2024 By: Mariaan Webb

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


Goldplat reports £1.84m operating profit for the Sept quarter
12th November 2024 By: Sabrina Jardim

Aim-listed Goldplat’s two recovery operations in Ghana and South Africa achieved a combined operating profit of £1.84-million excluding listing and head office costs, finance cost and foreign... 


Kingsgate signals strong operational progress at Chatree
Kingsgate signals strong operational progress at Chatree
12th November 2024 By: Creamer Media Reporter

Australia-listed Kingsgate Consolidated has provided an upbeat update on the ongoing ramp-up of its Chatree gold mine, in Thailand, reporting significant operational improvements and its highest... 


Mbe exploration indicates wider zones of mineralisation
12th November 2024 By: Darren Parker

Aim-listed Oriole Resources has reported that full channel sampling results from Phase 2 infill trenching at the MB01 prospect at its 80%-owned Mbe gold project, in Cameroon’s Adamawa region,... 


Resolute CEO detention in Mali comes amid West Africa mining squeeze
Resolute CEO detention in Mali comes amid West Africa mining squeeze
12th November 2024 By: Bloomberg

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped... 


Harmony Gold's Mponeng mine
Harmony reports flat production but improved cash flow from higher grades
11th November 2024 By: Darren Parker

JSE- and NYSE-listed Harmony Gold has reported relatively flat year-on-year gold production but announced significant improvements in operational cash flow owing to enhanced recovery grades. In its... 


The Blanket gold mine
Caledonia declares quarterly dividend
11th November 2024 By: Creamer Media Reporter

Zimbabwe-focused gold miner Caledonia Mining Corporation has approved a dividend of $0.14 a share for the quarter ended September 30. The company achieved a net profit of $3.29-million for the... 


Stallion sheds antimony project to focus on Athabasca uranium
Stallion sheds antimony project to focus on Athabasca uranium
11th November 2024 By: Mariaan Webb

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 


Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 By: Sabrina Jardim

JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the... 


Barrick CEO Mark Bristow
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom
11th November 2024 By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Resolute Mining CEO Terence Holohan
Resolute Mining slumps after Mali detains CEO, two other employees
11th November 2024 By: Reuters

Shares of Australian gold miner Resolute Mining plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government... 


Native Mineral Resources acquires Queensland projects
8th November 2024 By: Creamer Media Reporter

Gold- and copper-focused Native Mineral Resources (NMR) has announced an agreement to acquire two near-mine, advanced gold projects in Queensland. The deal, NMR MD Blake Cannavo said on Friday,... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


Gold bars
Gold ETF demand turns positive for year-to-date, says WGC
8th November 2024 By: Reuters

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 


Regis takes federal govt to court over McPhillamys
Regis takes federal govt to court over McPhillamys
7th November 2024 By: Mariaan Webb

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Pueblo Viejo
Barrick Gold misses profit estimates on higher costs, lower Nevada production
7th November 2024 By: Reuters

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 


Hummingbird faces buyout, Aim delisting amid financial constraints
7th November 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity... 


NUM to sign wage agreement with Sibanye-Stillwater
7th November 2024 By: Sabrina Jardim

Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg,... 


Equinox’s newest and biggest mine achieves commercial production
Equinox’s newest and biggest mine achieves commercial production
7th November 2024 By: Mariaan Webb

Toronto-listed Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing... 


Carnavale divests noncore Leonora assets
6th November 2024 By: Mariaan Webb

Gold exploration and development company Carnavale Resources on Wednesday announced the planned sale of its E40/394 licence, near Leonora in Western Australia, to US-based KoBold. The sale formed... 


Poseidon-Encore tailings development unconditional
6th November 2024 By: Mariaan Webb

Perth-based Encore Minerals has cleared the final hurdles to proceed with a new project aimed at processing gold tailings at Poseidon Nickel's Windarra site. The development is based on Encore's... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Dundee poised to maintain decade-long track record of meeting guidance
6th November 2024 By: Mariaan Webb

Toronto-listed Dundee Precious Metals (DPM) has announced strong third-quarter results, keeping the company on track to continue its ten-year track record of achieving its gold production and... 


Banks mull increasing Tulu Kapi debt package – Kefi
6th November 2024 By: Sabrina Jardim

Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from... 


The La Arena mine in Peru
Canada approves Pan American’s Peru asset sale to Zijin
6th November 2024 By: Creamer Media Reporter

The government of Canada has approved Pan American Silver’s sale of its La Arena mine and project in Peru to a subsidiary of China’s Zijin Mining Group. The approval, which was granted under the... 


Pan African Resources CEO Cobus Loots
Pan African acquires remaining stake in Australian gold miner TCMG
5th November 2024 By: Darren Parker

Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was... 


Akobo issues NKr25.3m unsecured convertible loan
5th November 2024 By: Darren Parker

Scandinavia-based gold developer Akobo Minerals, which owns and operates the Segele gold mine, in Ethiopia, has issued an unsecured convertible loan totalling NKr25.3-million with contributions... 


Wia undertakes A$30m placement to drive further growth at Namibia project
5th November 2024 By: Tasneem Bulbulia

ASX-listed Wia Gold has received firm commitments from new and existing shareholders, including institutional and sophisticated investors, for a A$30-million placement of 200-million new fully paid... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter
5th November 2024 By: Darren Parker

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third... 


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