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Canadian miner Gold Reserve said on Thursday it has dropped out of a US court-organized bidding for shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, citing court delays, and...
Gold developer First Mining has announced a C$7-million bought-deal public offering and nonbrokered private placement to raise funds to advance its Springpole and Duparquet projects. Springpole,...
Canada-headquarter gold miner Asante on Thursday announced the start of mining at its third satellite pit at the Bibiani mine, in Ghana. Located 3.8 km from the Bibiani process plant, the Russel...
Sweden-headquartered Akobo Minerals has completed a crosscut between the Western and Eastern tunnels of its Segele gold mine, in Ethiopia, which now paves the way for stoping activities into the...
Canadian company West Red Lake Gold has taken a step toward the anticipated restart of its Madsen mine, announcing the start of a test mining and bulk sample programme. This is a key derisking...
Following the successful production ramp-up at the Chatree gold mine, in Thailand, Australia-based Kingsgate Consolidated on Thursday spelled out its production plans until the 2028 financial...
ASX-listed Kingston Resources has successfully increased production at its Mineral Hill processing plant in New South Wales, reaching an annualised throughput of 400 000 t. Over the past four...
Gold advanced to a record high after the Federal Reserve lowered its benchmark interest rate by a half a percentage point Wednesday, in an aggressive start to a policy shift to boost the labor...
Barrick Gold suspended operations at a gold mine in Papua New Guinea after violent clashes in the area killed two company employees. Mining was halted in a move to protect employees at the Porgera...
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that they’ve learned from past mistakes of overspending. There has been a flurry...
Gold-rich Sudan discussed boosting cooperation in the mining sector with Russia, as Moscow strengthens ties with the North African nation’s military-led government amid a 17-month civil war. A...
US-based precious metals miner i-80 Gold has appointed seasoned gold executive Richard Young as its new CEO, following the retirement of former CEO Ewan Downie. The appointment completes the...
Australia-listed Sun Silver has successfully raised A$13-million in a capital raise, including A$5-million at a premium price. The placement comprises the issue of 12.9-million shares at A$0.62 a...
The presentation of DRDGOLD CEO Niël Pretorius at the thirty-sixth annual Gold Forum Americas 2024 in Colorado Springs highlighted the company’s world-leading gold-from-tailings advances that...
Exploration company Panther Metals has terminated an option and sale and purchase agreement with Shear Gold over the Manitou Lakes project, in Ontario, Canada, with its focus shifting towards the...
Zijin Mining Group, China’s most valuable mining company, says it won’t be deterred by the Canadian government’s measures to limit foreign involvement in its mining sector. The Chinese gold and...
Canada-headquartered mining major Barrick has laid out a promising production forecast, with plans to increase gold-equivalent ounces from its existing assets by 30% by the end of this decade....
Newmont, the world’s biggest gold miner, said it’s on track to raise $2-billion — if not more — from selling smaller mines and development projects. “We’ll get at least that,” COO Natascha Viljoen...
Aim-listed Hummingbird Resources has advised of an offer for a buyer to acquire its 53%-owned subsidiary Pasofino Gold for $75-million. This represents a purchase price of $0.66, or C$0.91, a...
Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the US Federal Reserve at its policy meeting this week....
Following the board-level formal authorisation of an independent mineral resource estimate (MRE) for the Jelani Resources project area, in South Africa’s Free State province, Aim-listed Lexington...
Gold rose to a record as markets waited for the Federal Reserve to begin easing monetary policy for the first time in more than four years. Bullion climbed as much as 0.4% to a high of $2...
Junior miner Theta Gold Mines has changed its strategy on the project funding structure for its South African gold project, chairperson Bill Guy said on Monday. The ASX-listed company has opted to...
Precious metals miner Westgold Resources, which on Friday celebrated its new listing on the Toronto exchange, has bolstered its production guidance for 2025. The Perth-based miner is forecasting...
Brazil has almost squashed the illegal gold rush that led thousands of wildcat miners into the Yanomami reservation in the Amazon rainforest and caused a humanitarian crisis of disease and...
London- and Toronto-listed gold miner Endeavour Mining has started commercial production at its Sabodala-Massawa BIOX Expansion project in Senegal as well as at its Lafigué mine in Côte d’Ivoire....
Surface gold recovery company DRDGOLD has handed over an agriculture and entrepreneurship project to the community of Riverlea, west of Johannesburg, near its Ergo mining operation. DRDGOLD is...
Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US...
Canadian miner B2Gold has revised the capital expenditure estimate for the Goose project, in Nunavut, by 23% to C$1.54-billion. The increase is primarily owing to a three-month delay in the...
Canadian miner Alamos Gold is eyeing a 20% increase in its near-term production rate, owing to the addition of the Magino mine and its integration with its Island Gold operation, in Ontario. The...
Gold rose to another record high — after surging almost 2% to an all-time peak on Thursday — as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. Bullion...
In its constant drive to bolster its portfolio and remain a relevant miner in Africa, midtier gold producer Pan African Resources (PAR) continues to implement and develop its exploration portfolio...
Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E)...
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