Newmont ups gold output and profit in Q3 thanks to Newcrest acquisition

Newmont Corporation has announced its third quarter 2024 results, increasing its attributable gold production by almost 30% to 1.67 million ounces, from 1.29 million ounces in Q3 2023.

Today

Gold Fields finalizes acquisition of Osisko and its Windfall gold project

Gold Fields has received all regulatory approvals and support from shareholders to complete the acquisition of Osisko Mining and its main asset, the Windfall gold project in Québec.

Today

New Botswana president wants De Beers diamond sales pact finalised soon

Botswana’s new president, Duma Boko, wants to end talks for a new sales agreement with diamond giant De Beers as soon as possible, according to media reports.

Yesterday

Drilling begins at the Mukai copper project in Zambia

Tertiary Minerals says First Quantum Minerals has commenced drilling at its Mukai copper project in Zambia following receiving all necessary consents.

Yesterday

Global central bank gold holdings seen going higher - LBMA

At a panel discussion which took place during the 2024 LBMA Precious Metals Conference, representatives of three central banks said that gold’s role as a reserve asset in global foreign reserves will continue to grow.

Yesterday

Barrick CEO says West must demonstrate more resiliance in strife-torn Africa

22 may 2023

(miningmx.com) – The West had to show more resiliance supporting nations in conflict if it was to secure the minerals demanded of the current commodities supercycle. This is the view of Mark Bristow, CEO of Barrick Gold who said that violence in Sudan was unlikely to get “out of control” because Saudi Arabia was committed to intervention. “The western world has a habit of when something doesn’t work you want to leave,” Bristow said in an interview last week. “This is a time in history when the West has to show commitment to support the process of finding the right civilian government.”