Gold Fields CEO Griffith leaves after failed Yamana takeover
Gold Fields’ (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company’s failed attempt to take over Canada’s Yamana Gold…
Africa
CMS 2022: Digital sales, blockchain tracing cement Lucara’s place in diamond market
The post-pandemic period represents “the best diamond market in the better part of a decade,” Lucara Diamond (TSX: LUC) president and CEO Eira Thomas told delegates at The Northern Miner’s…
West African Resources order mills for Kiaka in Burkina Faso
West African Resources (ASX: WAF) acquired 90% of the Kiaka gold project in Burkina Faso from B2Gold (TSX: BTO; NYSE-AM: BTG) in November 2021 and says it plans to start…
Roscan Gold reports solid grades at Kandiolé in Mali
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has announced assay results from the Kabaya KB3 target on its Kandiolé gold project in Mali, 400 km from the country’s capital of Bamako…
Fortuna Silver grows Sunbird resource at Séguéla gold project
Drilling by Fortuna Silver Mines (TSX: FVI; NYSE: FSM) at its Séguéla gold project in Côte d’Ivoire continues to reveal more exploration upside, with the company announcing on Monday an…
Glencore pays US$180M to Congo after admitting corruption
Miner and commodities giant Glencore (LSE: GLEN) said on Monday it will pay the government of the Democratic Republic of the Congo US$180 million to settle all alleged corruption claims…
Roscan secures $10M royalty financing from Osisko Gold for Mali project
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has entered into a royalty financing agreement with Osisko Gold Royalties (TSX: OR; NYSE: OR) to raise gross proceeds of $10 million. The royalty…
Orezone Gold’s Bomboré mine in Burkina Faso enters commercial production
Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced Thursday that its Bomboré gold mine in Burkina Faso has now entered commercial production. “Commercial production at Bomboré is a significant milestone and…
Petra Diamonds to keep Williamson mine idled until mid-2023
Petra Diamonds (LSE: PDL) said on Wednesday its Williamson mine in Tanzania would not resume production before the middle of 2023, following the partial collapse of a tailings storage facility…
Endeavour updates Ity resource as more discoveries beckon
Endeavour Mining (EDV; LSE: EDV; US-OTQX: EDVMF) says it is likely to discover 3.5 to 4.5 million indicated oz. gold at the cornerstone Ity mine in Côte d’Ivoire by 2025….
Sibanye-Stillwater to spend $821M advancing Finnish lithium project
Precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) approved on Monday a €588 million ($821.6 million) investment to advance its Keliber lithium project in Finland. The South African miner said its…
UK, South Africa seek deeper cooperation on critical minerals
London and Pretoria announced a partnership to promote the responsible exploration, development, production, and processing of critical minerals in South Africa. In a statement, both governments said that this new…