TSX-listed Harte Gold on Monday announced a total refinancing of its existing debt and receipt of approval to increase operational throughput from 540 t/d to 800 t/d at its Sugar Zone mine, in White River, Ontario. The senior debt financing package for…
Harte Gold receives permit for 800 t/d operation Read More »
Holdings in global gold-backed exchange-traded funds and similar products fell across all regions by 57 t to 2 424 t, equivalent to $2.2-billion in outflows, in April, the World Gold Council said in a statement on Tuesday. Global assets under managemen…
Global gold-backed ETF holdings register net outflows in year to date Read More »
Dual-listed Kirkland Lake Gold has raised the lower end of its production guidance for the year, on the back of strong first-quarter results at the Macassa mine, in Canada, and Fosterville mine, in Australia. The miner now expects to produce at least 9…
Kirkland Lake raises bottom-end of production guidance Read More »
The results of the first phase of a drilling campaign at the Bauhinia Creek deposit at Aim-listed Shanta Gold’s New Luika gold mine (NLGM) in Tanzania, identify positive intersections below the existing reserves that indicate that the existing undergro…
Drilling results indicate possible extension to Shanta’s New Luika mine life Read More »
The results of the first phase of a drilling campaign at the Bauhinia Creek deposit at Aim-listed Shanta Gold’s New Luika gold mine (NLGM) in Tanzania, identify positive intersections below the existing reserves that indicate that the existing undergro…
Drilling results indicate possible extension to New Luika’s mine life Read More »
London-listed Rainbow Rare Earths, which owns the Gakara project, in Burundi, has secured a $700 000 loan from its biggest shareholder, Pella Ventures, to support Rainbow’s development and operations. The loan is to be applied towards general working c…
Rainbow secures $700 000 loan Read More »
Aim-listed Premier African Minerals on Tuesday reported the signing of a new management agreement with the National Indigenisation and Economic Empowerment Fund of Zimbabwe, which is expected to result in the RHA tungsten project being brought back int…
Premier signs RHA investment, management agreement with Zim authority Read More »
Ivanhoe Mines this week announced that the strike length of the shallow, thick, massive copper sulphide mineralisation at Kamoa North that was discovered earlier this year in drill hole DD1450 on the Kamoa-Kakula mining licence, in the Democratic Repub…
Drilling extends strike length at Kamoa North, says Ivanhoe Read More »
Diversified miner Anglo American has stepped up as a founding donor to the World Bank’s Climate Smart Mining Facility. In a statement, the company indicated that this was the first-ever fund dedicated to making mining for metals and minerals a more sus…
Anglo American a founding sponsor of the World Bank’s Climate Smart Mining fund Read More »
Aim-listed Harmony Gold is on track to deliver on its full-year production guidance, the company said in an operational update for the nine months ended March 31 published on Thursday. During the nine-month period, gold production increased by 29% year…
Harmony expects full-year AISC to rise as Eskom tariffs increase Read More »
