Strong market for emeralds, rubies, lifts Gemfields revenue to a record high
Shares in coloured gems miner Gemfields (LSE: GEM; JSE: GML) climbed more than 5% on Friday after it posted record revenue for 2022, exceeding the US$300-million…
Africa
NextSource’s Molo graphite mine in Madagascar enters commissioning phase
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) is one step closer to producer status now that it’s started commissioning of its Molo graphite mine in Madagascar….
Sibanye-Stillwater to hand US$20M to New Century
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) said Thursday that it will provide up to $A30 million (about US$20 million) to its takeover target…
Video: Orezone Gold eyes acquisitions to expand from troubled Burkina Faso
Orezone Gold (TSX: ORE; US-OTC: ORZCF) is resolving a power shortage at its new Bomboré gold mine in coup-prone Burkina Faso as it considers acquisitions…
Global Gold Exploration Snapshot: Eight juniors seeking the yellow metal
Gold is a mainstay of exploration, and the price of the yellow metal has been creeping up — recently surpassing US$2,000 per oz. — amid…
Thor Explorations more than doubles resource at Senegal gold project
New figures showing more than twice the potential gold in Thor Explorations‘ (TSXV: THX; LSE: THX) Douta project in Senegal means “greater confidence” it will…
PDAC: Facing the challenges of mine decarbonization
The mining industry’s decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles…
Roscan hits milestone with environmental permit for Kandiole in Mali
Mali has granted an environmental permit for Roscan Gold’s (TSXV: ROS; US-OTC: RGCF) Kandiole project—the penultimate step that precedes securing a final mining licence, the…
Gold Fields and AngloGold Ashanti agree to terms for JV in Ghana
A proposed joint venture between Gold Fields’ (NYSE: GFI) Tarkwa and AngloGold Ashanti’s (NYSE: AU) Iduapriem mines in Ghana would create Africa’s largest gold mine…
Ivanhoe Mines posts record revenue, profit highs in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over…
TSXV retreats during March 6-10 trading week
The S&P/TSX Venture Composite Index retreated by 31.49 points or 4.9% over the Mar. 6-10 trading session, ending at 611.49. Artemis Gold was the week’s…
Sibanye-Stillwater secures controlling stake in New Century Resources
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has increased its stake in Australia’s New Century Resources (ASX: NCZ), which it’s attempting to acquire, to…