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Capricorn raises $200m for Karlawinda expansion
Capricorn raises $200m for Karlawinda expansion
1st November 2024 By: Mariaan Webb

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 


Thompson Creek mine
Centerra plans to largely self-fund Thompson moly restart
1st November 2024 By: Mariaan Webb

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 


ON-THE-GO POWER
Caterpillar’s Dynamic Energy Transfer system comprises an electrified rail system to transmit the energy to passing vehicles and is highly deployable to suit customers’ specific site layouts
OEM expands electric drive, automation offerings
1st November 2024 By: Donna Slater

Unveiled in mid-September, equipment maker Caterpillar’s (Cat’s) new energy management system – Dynamic Energy Transfer (DET) – offers the ability to transfer electrical energy to both... 


Halls Creek sale frees up Pantoro to focus on Norseman project
31st October 2024 By: Creamer Media Reporter

ASX-listed Pantoro has announced a binding agreement to sell the Halls Creek project, in Western Australia, to Kimberley Minerals for A$8-million. Kimberley is a member of privately held,... 


Newmont’s first battery-electric mining truck rolls into action
Newmont’s first battery-electric mining truck rolls into action
31st October 2024 By: Creamer Media Reporter

US-based Newmont has officially welcomed its first battery-electric large mining truck, dubbed the Early Learner Cat 793 XE, to the Cripple Creek and Victor (CC&V) mine, in Colorado. The vehicle... 


Asante plans $525m package for Ghana growth plan
Asante plans $525m package for Ghana growth plan
31st October 2024 By: Mariaan Webb

Gold miner Asante Gold has announced plans for a $525-million financing package to fund its growth plans and to recapitalise its short-term liabilities. The financing package is planned in two... 


The Cadia mine
Newmont applies to extend Cadia to 2050
31st October 2024 By: Mariaan Webb

Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate... 


Spotlight on Middle East's 'first digital gold mine'
30th October 2024 By: Creamer Media Reporter

A panel of global leaders in mining, technology and engineering have shared crucial insights at the International Mining and Resources Conference + Expo (IMARC), in Sydney, Australia, into how... 


An image showing a gold nugget
Value of gold demand surges in higher price environment – council
30th October 2024 By: Tasneem Bulbulia

Healthy inflows into global gold exchange-traded funds (ETFs) were a major driver of growth in gold demand in the third quarter, and combined with continued over-the-counter investor interest, this... 


The Rainy River openpit
New Gold marks milestones at Canada projects
30th October 2024 By: Creamer Media Reporter

Toronto-listed New Gold has announced the completion of a significant production milestone at the New Afton copper and gold mine, in British Columbia, and the Rainy River gold mine, in Ontario.... 


Hochschild exercises option to acquire Brazil project
30th October 2024 By: Creamer Media Reporter

LSE-listed Hochschild Mining on Wednesday announced that it had exercised its option to acquire a 100% interest in the Monte Do Carmo project from TSX-V-listed Cerrado Gold. The project is located... 


Centamin's Sukari gold mine, in Egypt
AngloGold, Centamin shareholders approve acquisition
29th October 2024 By: Marleny Arnoldi

The shareholders of gold miners AngloGold Ashanti and Centamin have approved the deal whereby AngloGold intends to acquire Centamin for $2.5-billion. The majority shareholder approval follows a... 


A$120m Pilbara gold expansion approved
A$120m Pilbara gold expansion approved
29th October 2024 By: Mariaan Webb

Gold miner Capricorn Metals has secured board approval for a A$120-million expansion of its Karlawinda gold project (KGP) in the Pilbara region, targeting production of 150 000 oz/y. Coupled with... 


Resolute reports mixed quarter amid heavy rainfalls at Mako
29th October 2024 By: Sabrina Jardim

ASX-listed gold miner Resolute Mining has reported a mixed performance for the quarter ended September 30, as unprecedented rains affected mining operations at Mako, in Senegal, and the oxide... 


Minera Alamos adds past-producing Arizona mine to portfolio
Minera Alamos adds past-producing Arizona mine to portfolio
29th October 2024 By: Mariaan Webb

TSX-V-listed Minera Alamos has announced the acquisition of the past-producing Copperstone mine, in Arizona, diversifying its jurisdictional exposure with the addition of the US to its existing... 


Caracal granted mining licence for Tanzania project
29th October 2024 By: Sabrina Jardim

London-listed Caracal Gold has been granted a mining licence for the Kanegele project, in Tanzania. Following the formal application of two mining licences submitted in December 2023, Caracal... 


Aura Minerals acquires Bluestone Resources
29th October 2024 By: Creamer Media Reporter

TSX-listed Aura Minerals has announced the acquisition of TSX-V-listed Bluestone Resources, gaining the Cerro Blanco gold project and the adjacent Mita geothermal project in Guatemala. The... 


A person holding ZiG banknotes
Zimbabwe’s ruling party passes resolution to have gold-backed ZiG adopted as sole currency
29th October 2024 By: Bloomberg

Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to “expedite... 


Strategic copper and gold alliance for Tennant Creek
28th October 2024 By: Creamer Media Reporter

Australian companies Emmerson Resources, CuFe and Tennant Minerals on Monday announced the formation of a strategic alliance to collaborate on their copper, gold and critical metals development... 


DRDGOLD's Ergo tailings retreatment operation.
DRDGOLD reflects on favourable year during positive gold price climate
28th October 2024 By: Martin Creamer

Although DRDGOLD’s volume throughput target was missed by 17% owing to a delay in the commissioning of new reclamation sites at Ergo, a steady performance from Far West Gold Recoveries (FWGR)... 


Lexington appoints consultancy to establish exploration target for Bothaville project
28th October 2024 By: Sabrina Jardim

Aim-listed Lexington Gold has appointed geological consultancy firm Dunrose Trading 186 – trading as Shango Solutions –  to review all historical exploration undertaken on certain South African... 


China gold demand plunges as record prices deter jewellery buyers
28th October 2024 By: Bloomberg

Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry. Total... 


An image depicting gold on a scale
Akobo reports gold output of nearly 3 kg for October
28th October 2024 By: Sabrina Jardim

Gold exploration and mining company Akobo Minerals has reported total production of 2.83 kg of gold at its Segele mine, in Ethiopia, in October. Akobo says this marks a significant milestone in... 


Gold Fields now sole owner of Windfall project
Gold Fields now sole owner of Windfall project
28th October 2024 By: Creamer Media Reporter

JSE- an NYSE-listed Gold Fields has completed the acquisition of Osisko Mining and is now the sole owner of the Windfall gold project, in Quebec. The project was previously jointly and equally... 


Agnico Eagle invests $40m in Latin America-focused explorer
Agnico Eagle invests $40m in Latin America-focused explorer
28th October 2024 By: Creamer Media Reporter

Canada-based Agnico Eagle has announced a $40-million strategic investment in ATEX Resources – a TSX-V-listed, Latin America-focused exploration company. Agnico Eagle has agreed to subscribe for... 


Mali threatens to let Barrick mine permit lapse over dispute
Mali threatens to let Barrick mine permit lapse over dispute
28th October 2024 By: Bloomberg

Mali’s military government has threatened to take back Barrick Gold’s Loulo mine concession when the current permit expires in 2026, amid an escalating dispute over how to divide the economic... 


The contest between Donald Trump and Kamala Harris is currently very tight according to polls in swing states.
BofA’s Hartnett says bets on gold are rising before US election
25th October 2024 By: Bloomberg

Investors are continuing to load up on gold ahead of the US election as a hedge against inflation and populism, according to strategists at Bank of America (BofA). The precious metal hit a record... 


Photo of Martin Creamer
Pan African, Harmony, Anglo make headlines
25th October 2024

Mining Weekly Editor Martin Creamer discusses Pan African Resources’ listing of a sustainability-linked instrument under the sustainability segment of the JSE; Harmony Gold’s gold recovery project... 


Kinross earn-in a ‘stamp of approval’ for Puma’s New Brunswick project
25th October 2024 By: Creamer Media Reporter

Canada-based Kinross Gold has agreed an option to earn a 65% interest in the Williams Brook project, in New Brunswick, by funding C$16.7-million in exploration drilling over five years, project... 


The Lihir gold mine in Papua New Guinea
Gold miners crippled by costs risk losing out on bullion’s boom
25th October 2024 By: Bloomberg

Gold prices are at record highs. But disappointing results at the world’s largest miner of the yellow metal signals companies may be struggling to capitalize on sizzling demand. Newmont shares... 


A haul truck operating at the Loulo-Gounkoto complex
Mali accuses Barrick Gold of breaching agreement, miner denies claims
25th October 2024 By: Reuters

Mali has accused Barrick Gold of failing to abide by commitments made in a recent agreement, charges the Canadian miner denied on Thursday, saying it did not accept any claims of wrongdoing.... 


Strong start to FY25 for Northern Star
Strong start to FY25 for Northern Star
24th October 2024 By: Mariaan Webb

Australian gold miner Northern Star delivered strong operational results across all three its production centres, MD Stuart Tonkin reported on Thursday. During the first quarter of the 2025... 


Montage secures $825m for new West Africa gold mine
Montage secures $825m for new West Africa gold mine
24th October 2024 By: Mariaan Webb

Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire.  The financing involves Wheaton... 


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