March 12, 2024

Syrah Resources to raise $65m for Mozambique, US projects

Syrah's largest shareholder AustralianSuper will fund the projects.

March 12, 2024

Gold output falls in Burkina Faso as terrorist attacks increase

Six mining companies closed down in 2022, while one more ceased activity last year.

March 12, 2024

Galiano Gold discovers double-digit grams at Asanko in Ghana

The new zone will help Galiano convert inferred resources below the pit shell to the indicated category and evaluate the potential to expand the pit.

March 12, 2024

Barrick CEO Bristow drives another U-turn in a remote land

The second-biggest gold miner this month poured its first gold in Papua New Guinea in nearly four years.

March 10, 2024

Senegal opposition coalition promises new currency and revamp of oil contracts

Ousmane Sonko launched its presidential campaign platform with promises to renegotiate mining and energy contracts.

March 8, 2024

African Rainbow pauses Bokoni mine expansion plan after H1 profit fall

The miner's headline earnings declined to $158.5 million in the six months to December 2023.

March 8, 2024

Perseus extends OreCorp takeover bid to April

Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.

March 7, 2024

Forsys Metals shares jump on uranium project licence renewal

Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years.

March 7, 2024

Dundee Precious Metals sells Tsumeb smelter in Namibia for $49 million

Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria.

March 7, 2024

Fortuna Silver takes $90.6m charge on Mexican mine closure

It will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves.