March 21, 2024

Centamin annual profit boosted by soaring gold prices

Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces.

March 20, 2024

Barrick looks to explore new gold, copper deposits in the DRC

Last year, Barrick said it intended to search for additional copper deposits in Zambia and the DRC as part of its efforts to expand its presence in the African copper…

March 20, 2024

Zimplats to offer voluntary job cuts after platinum price rout

Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted.

March 20, 2024

Perseus gets key OreCorp shareholders on side with sweetened offer

Perseus seeks to beat out Canadian rival Silvercorp Metals in acquiring the Africa-focused gold explorer.

March 20, 2024

Sibanye halts production at Rustenburg shaft after damage

The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024.

March 20, 2024

Hummingbird faces fresh headwinds at Guinea gold mine

One of its main contractors has halted activities at the Kouroussa gold mine as a result of contractual disputes.

March 19, 2024

Global Atomic stock plunges as Niger’s junta expels US troops

The military coup in July led the U.S. to suspend government funding for Dasa, but the company raised C$15 million in January.

March 19, 2024

Coal, oil, gas resources should remain in the ground to reach Paris Agreement goals – study

In a paper published in the journal Nature Communications, UB scientists present a global atlas of unburnable oil.

March 19, 2024

AngloGold Ashanti maintains output forecast after flooding at Australia mine

The company says it expects to meet its output target of up to 2.79 million ounces this year despite flooding at the Tropicana mine.

March 19, 2024

Dirty gold can still slip into London market, rights groups say

Refineries vetted by the London Bullion Market Association (LBMA), which sets standards for the world’s gold markets, said to be sourcing ore from “questionable suppliers and mines”.