December 22, 2023

Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine

Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021.

December 21, 2023

Gold Fields sells Asanko stake in $170 million deal

The South African firm has sold its 45% stake in Ghana's Asanko gold mine to joint venture partner Galiano Gold.

December 21, 2023

Hummingbird Resources unveils plan to raise up to $32.7 million

Proceeds will be used to fund its growth strategy, exploration, advance its Dugbe gold project in Liberia, and boost its balance sheet.

December 20, 2023

Xtra-Gold expands Boomerang system at Kibi project in Ghana

Highlights include drill hole KBDD23536 in Boomerang Deep, which cut 9 metres grading 9.29 grams gold per tonne.

December 20, 2023

Platinum miners’ underground protest in South Africa goes on

Impala Platinum has stated that an underground protest at the Bafokeng Rasimone mine remains unresolved, with more than 2,000 workers still below the surface.

December 20, 2023

Saturn Resources buys Shanta Gold for $180m

As part of the deal, Shanta will leave the AIM exchange, the London market for small and medium size firms, where it has been since 2005.

December 19, 2023

Global Atomic raises $11.25m for Dasa uranium project

An updated feasibility study and mine plan are due in the first quarter of 2024.

December 19, 2023

Centamin grows Sukari gold reserves for third straight year

The Egyptian mine's reserves reached 5.8 million oz. this year, a 10% increase from the 5.3 million oz. estimate in the life of mine plan.

December 18, 2023

Dundee to acquire Osino’s Twin Hills gold project in Namibia for $214 million

Twin Hills is an open-pit project with a 13-year mine life and average annual production of 175,000 oz. gold over the first five years.

December 18, 2023

Burkina Faso replaces mining minister as gold output drops

Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022.