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Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Newmont cuts management jobs in major corporate restructuring
Newmont cuts management jobs in major corporate restructuring
10th December 2024 By: Bloomberg

Newmont let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according to people familiar with the matter. The world’s top gold... 


Turaco secures rights to expand Afema project area in Cote d’Ivoire
9th December 2024 By: Tasneem Bulbulia

ASX-listed Turaco Gold, and its 100%-owned subsidiary Turaco Côte d’Ivoire, have entered into an exclusivity and option agreement with Pioneer Minerals, securing acquisition rights over an... 


Triton sells 70% of Mozambique graphite project
9th December 2024 By: Darren Parker

ASX-listed Triton Minerals has entered into a share sale and purchase agreement (SSAP) with Chinese company Shandong Yulong Gold through its wholly-owned subsidiary NQM Gold 2 for an interest in... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


First Telfer gold pour under new ownership
First Telfer gold pour under new ownership
9th December 2024 By: Mariaan Webb

London-listed Greatland Gold has successfully poured its first gold bars at the Telfer gold/copper mine, following its recent acquisition of the operation. The company completed its purchase of... 


Production ramp-up at Homase remains on target
9th December 2024 By: Sabrina Jardim

Aim-listed Goldstone Resources has reported that the production ramp-up at its Homase mine, in south-western Ghana, continues to advance in line with expectations. The company notes a 34% increase... 


Capricorn Metals expands Karlawinda tenure with project acquisition
Capricorn Metals expands Karlawinda tenure with project acquisition
9th December 2024 By: Creamer Media Reporter

Perth-based gold miner Capricorn Metals is expanding its Karlawinda project tenure in the Pilbara with the acquisition of the prospective Sylvania project from fellow ASX-listed Latitude 66.... 


SSR set to become third-biggest gold miner in US with CC&V acquisition
SSR set to become third-biggest gold miner in US with CC&V acquisition
6th December 2024 By: Mariaan Webb

Denver-based SSR Mining has announced a $275-million acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado from Newmont, marking a significant expansion of SSR’s gold production... 


Barrick’s buccaneering boss tested as Mali squeezes gold miners
Barrick’s buccaneering boss tested as Mali squeezes gold miners
6th December 2024 By: Reuters

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 


An image showing a gold pour
Gold ETFs record first outflows since April in November
6th December 2024 By: Tasneem Bulbulia

Global gold exchange-traded funds (ETFs) recorded their first monthly outflow since April, losing $2.1-billion in November, according to industry body the World Gold Council. Europe (-$1.9-billion)... 


Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project
6th December 2024 By: Tasneem Bulbulia

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 


Harmony Gold, investor sentiment, PGMs demand make headlines
Harmony Gold, investor sentiment, PGMs demand make headlines
6th December 2024

Mining Weekly Editor Martin Creamer discusses the billion rand green loan facility that underpins the three solar PV renewable-energy plants being constructed by Harmony Gold; global investor... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Spartan raises A$220m to speed up Dalgaranga restart
Spartan raises A$220m to speed up Dalgaranga restart
5th December 2024 By: Mariaan Webb

ASX-listed Spartan Resources is fast tracking a production restart at the Dalgaranga gold project, in Western Australia, with a A$220-million placement. The company on Thursday announced... 


Akobo reports final November gold production of 10 kg
5th December 2024 By: Sabrina Jardim

Following the completion of all smelting operations for November, Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals has reported final gold... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


Barrick boosts spending by 120% on Precipitate’s Pueblo Grande project
5th December 2024 By: Creamer Media Reporter

TSX-V-listed Precipitate Gold announced on Wednesday that Barrick Gold had amended their existing earn-in agreement for the Pueblo Grande project in the Dominican Republic, increasing its total... 


Perseus remains upbeat about Nyanzaga’s development as investment decision nears
5th December 2024 By: Sabrina Jardim

Africa-focused gold miner Perseus Mining says it is well advanced in its review of existing geology, mining engineering and mineral processing studies at the Nyanzaga gold project, in Tanzania,... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


A$30m raise caps successful year at  Larvotto’s Hillgrove antimony project
A$30m raise caps successful year at Larvotto’s Hillgrove antimony project
5th December 2024 By: Mariaan Webb

Australian exploration and development company Larvotto Resources on Thursday announced a A$30-million capital raise to continue advancing its Hillgrove antimony project. The capital raise, which... 


Ascot restarts mine development at Premier Northern Lights
4th December 2024 By: Creamer Media Reporter

Toronto-listed Ascot Resources has begun mobilising personnel and equipment to advance the underground development of its Premier Northern Lights (PNL) mine in British Columbia. Following the... 


Ramelius appoints COO, expands executive team
4th December 2024 By: Creamer Media Reporter

Perth-based Ramelius Resources has appointed a new COO following Duncan Coutts’s resignation last month. The gold miner also expanded its executive team from four to six and has named a new COO.... 


Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
4th December 2024 By: Reuters

A workers' strike at B2Gold's flagship mine in southwest Mali has reduced mining operations to just 25% of its capacity, two employees at the mine told Reuters on Tuesday. Between 1 875 and 2 000... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


An illegal gold mining operation in Ghana
The fight over Ghana’s illegal gold rush exposes election risks
4th December 2024 By: Bloomberg

There’s no escaping gold in Tarkwa. It’s in the forest. It’s under your feet as you walk the streets of Ghana’s biggest mining town. It’s the economy. Exposed holes in the ground bear witness to... 


First Mining’s Springpole advances to next review phase
First Mining’s Springpole advances to next review phase
4th December 2024 By: Mariaan Webb

Vancouver-based First Mining on Tuesday announced a milestone for the Springpole gold project, receiving a positive conformity determination from the Impact Assessment Agency of Canada (IAAC).... 


The Tshipi manganese mine
Mining value rebounds in third quarter, but insufficient to lift overall GDP
3rd December 2024 By: Tasneem Bulbulia

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 


Akobo’s November production covers costs
3rd December 2024 By: Tasneem Bulbulia

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 


Lexington Gold identifies encouraging exploration target at Free State project
3rd December 2024 By: Tasneem Bulbulia

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 


Miner RG Gold is said to consider stake sale to fund growth
3rd December 2024 By: Bloomberg

Kazakhstan miner RG Gold is considering a minority stake sale to help fund the development of projects in the central Asian country, according to people familiar with the situation. RG Gold is... 


Greatland-Newmont deal to close this week
Greatland-Newmont deal to close this week
3rd December 2024 By: Mariaan Webb

London-listed Greatland Gold is set to close its acquisition of Newmont’s Telfer and Havieron assets this week, positioning the company to become a significant Australian gold and copper producer.... 


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