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World Gold Council welcomes new members

By: Donna Slater     2nd March 2021 Gold market development organisation the World Gold Council (WGC) has added to its board as members, with Aura Minerals, B2Gold, Sandstorm Gold Royalties and Shandong Zhaojin Group having joined. WGC chairperson Randy Smallwood says each new member will bring a different area of expertise to the... 

Trust pays first claimants under silicosis settlement  

By: Marleny Arnoldi     2nd March 2021 The Tshiamiso Trust, which was established in February 2020 to manage the payment of benefits to eligible silicosis and tuberculosis (TB) sufferers in the gold mining sector, has paid benefits to the first seven claimants in the past two months. The trust has been hard at work over the past year... 

GoldStone defers gold loan further, plans to raise additional funding

By: Tasneem Bulbulia     1st March 2021 Aim-listed GoldStone Resources has agreed with Asian Investment Management Services (AIMS) a further deferment of the gold loan interest payment to June 30 (previously deferred to March 31), and the exercise of warrants by AIMS of over 40-million new ordinary shares which provides £1.2-million of... 

Fitch raises metals, mining price assumptions in line with returning demand, low inventories 

By: Donna Slater     26th February 2021 Ratings agency Fitch Ratings has revised some of its metals and mining price assumptions in line with that it sees as commodity prices being set to benefit in the short term from returning demand, as well as slow supply response and low inventories. The agency’s revision of all iron-ore price... 

Calibre gets a new CEO

By: Creamer Media Reporter      26th February 2021 Vancouver-headquartered gold miner Calibre Mining on Friday announced that Russell Ball was stepping down as CEO and director, citing personal reasons for his immediate departure from the company. Senior VP and COO Darren Hall has been appointed president, CEO and director. 

Resources Watch  

25th February 2021 This week: London listing on way as mining company strives to become green gold producer; DRDGold flies sky high on numbers never seen before; and, Sibanye assessing on-site green hydrogen generation to power fuel cell mobility 

Harmony appoints new nonexec director, technical committee member

By: Donna Slater     22nd February 2021 Gold miner Harmony Gold Mining Company has appointed Peter Turner as independent nonexecutive director and a technical committee member with effect from February 19. Harmony chairperson Dr Patrice Motsepe says Turner’s extensive experience in openpit and deep-level underground gold mining... 

Sylvania ‘confident’ of reaching production target for the full year

By: Simone Liedtke     22nd February 2021 Rustenburg-based platinum group metals (PGMs) miner Sylvania Platinum’s Sylvania Dump Operations (SDO) delivered 36 335 oz of platinum, palladium, rhodium and gold (4E) PGMs as a result of a good production performance in the six months ended December 31, 2020. The good production, the Aim-listed... 

Oriole completes desktop remote sensing study for Cameroon licences

By: Donna Slater     18th February 2021 West Africa-focused explorer Oriole Resources has, through its 90%-owned subsidiary Oriole Cameroon, completed an independent desktop remote sensing study for its district-scale licence package in central Cameroon. The study was completed over the entire 3 592 km2 licence package, which is... 

Barrick beats profit estimates on higher gold prices

By: Reuters     18th February 2021 Canadian miner Barrick Gold reported a quarterly profit on Thursday that beat analysts' estimates, helped by a jump in gold prices due to coronavirus-induced economic uncertainty. The company's US-listed shares were up 2.4% at $21.33 before the bell. Gold prices touched record highs in 2020, as... 

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