Gold - Copperbelt Katanga Mining

Barrick Publishes GISTM TSF Disclosures

August 6, 2023August 6, 2023 Constance

Barrick, as a member of the International Council on Mining and Metals (ICMM), has fulfilled its commitment to provide disclosure under the Global Industry Standard on Tailings Management (GISTM) for all of its tailings storage facilities that are classified as ‘Very High’ or ‘Extreme’ consequence under the GISTM by August 2023. Barrick has also committed to provide disclosure for the remainder of its operated facilities by August 2025, also in accordance with the GISTM. Providing access to detailed information about our tailings facilities under the GISTM is in keeping with… Read More Here

Mining in DRC Gold

Four Companies Call on DRC Head of State to Restore Legality on SAKIMA-Primera Gold Contract

August 6, 2023August 6, 2023 Constance

Four partner companies of SAKIMA are making an urgent appeal to the President of the Democratic Republic of Congo, expressing their concern over what they describe as “enormous litigation” resulting from the recently reached agreement with Primera Gold. They are appealing for the President’s intervention to address and contain the situation. Below is their joint statement. DECLARATION OF MINING COMPANIES PARTNERS OF SAKIMA SA IN THE PROVINCES OF NORTH-KIVU, SOUTH-KIVU AND MANIEMA The public company SAKIMA SA (Société Aurifère du Kivu et du Maniema) and the private company under Emirati… Read More Here

Mining in Zambia Gold

Bemetals Announces C$ 5.3 Million Private placement with Strategic Investor B2Gold Corp

August 4, 2023August 4, 2023 Constance

BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) announces it has secured up to C$5.3 million of funding with strategic investor B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) (“B2Gold”), consisting of a C$3.3 million convertible debenture private placement and a commitment for additional funding of C$2 million. John Wilton, President and CEO of BeMetals stated, “With the support of our cornerstone and strategic investor B2Gold, we look forward to delivering continued positive results from ongoing exploration at our Kazan portfolio of gold projects in Japan… Read More Here

Gold International

Barrick Targets 2028 for First Production from Reko Diq

August 3, 2023August 3, 2023 Constance

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) president and chief executive Mark Bristow says with the updated feasibility study on the giant Reko Diq copper-gold project making rapid progress, the company is aiming to start production in 2028. Speaking at the inaugural session of Pakistan’s first Minerals Summit, Bristow said the signing of the New Reko Diq agreement last year was a landmark event in the development of a mining industry in Pakistan, a process which will be accelerated by the Minerals Summit. “I hope the momentum created by this event will be… Read More Here

Gold International

West Africa’s Mining Industry Flourishes with Gold Production at the Helm

August 3, 2023August 3, 2023 Constance

There has hardly been a more exciting time for West Africa’s mining sector. For an industry that has grown steadily since the 1990’s, the implementation of new legal frameworks, mining codes, environmental standards and more efficient permitting processes, has promoted the development of the industry to new heights and encouraged private sector engagement and investment. As more projects increasingly populate the landscape, the region has emerged as a key player in markets of global significance, most notably gold. While sub-Saharan production of this resource has historically been dominated by South Africa,… Read More Here

International Gold Mine Safety

Sibanye suspends Kloof shaft operations after infrastructure damage

August 2, 2023August 4, 2023 Constance

Sibanye Stillwater has suspended mining operations at its Kloof 4 shaft in South Africa, which produces 14% of the miner’s gold output, after it suffered infrastructure damage, the company said on Tuesday August1st. No injuries were reported after the incident, which occurred on July 30 during a standard safety trial run of the conveyance system conducted before workers were hoisted up the shaft, Sibanye said in a statement. “The incident occurred between shifts and all employees below 39 level were safely brought to the surface without any injuries sustained,” the… Read More Here

Mining in Zambia Copper Gold

Zambia’s Mines Minister Updates on Copper Mines Negotiations

August 2, 2023August 2, 2023 Constance

Zambia’s Minister of Mines, Paul Kabuswe, recently provided an update on the status of negotiations concerning the ownership of Konkola Copper Mines and Mopani Copper Mines. Despite the initial promise of a swift resolution, both parties are still engaged in discussions and have yet to reach a mutually agreeable decision on several key issues. In his statement, Minister Kabuswe assured the public that he will provide periodic updates on the progress of these negotiations until a final resolution is achieved. The government’s priority in these negotiations is to ensure that… Read More Here

Gold International

Kavango signs option deal to acquire two gold projects in Zimbabwe

July 28, 2023July 28, 2023 Constance

Southern Africa focussed metals exploration company Kavango Resources has signed an option agreement to acquire two gold exploration projects in Matabeleland, southern Zimbabwe. Under the option deal with the undisclosed vendors, Kavango has a binding six-month period to exercise the exclusive options at its sole discretion to acquire the Hillside and Leopard projects. Kavango expects the two projects to have the potential to host bulk mineable gold deposits. During the six-month option period, Kavango can undertake an appropriate exploration programme to assess the two projects’ potential. To exercise the option, Kavango will… Read More Here

Gold Exploration Mining in Zambia

JEM Makes Groundbreaking Gold Discovery in Mwinilunga, Zambia

July 28, 2023July 30, 2023 Constance

JEM, a Zambian emerging mining company, has proudly unveiled a groundbreaking achievement in one of their smaller mineral exploration projects in the rich region of Mwinilunga, North Western Zambia. After meticulous efforts and unwavering dedication, JEM’s team of skilled geologists and experts successfully completed the geological interpretation of the site. The result of their latest Drilling Campaign has been extraordinary – a significant inferred resource of 205,000 ounces of precious gold has been discovered. Moreover, there are promising signs of a valuable Cu & Co body in the vicinity. Despite… Read More Here