Precious Metals and Minerals

Barrick Gold Q1 earnings slip on lower sales

Barrick Gold has posted net earnings attributable to equity holders of $120m (C$163.36m) for Q1 2023, a 73% decrease from…

Sohar provides $15m of funding for Omani Al Hadeetha copper-gold mining joint venture

Sohar International Bank has provided $15m of funding for finalising the construction of Al Hadeetha Resources’ copper and gold joint…

Hummingbird’s Guinea gold mine enters commissioning phase

UK-based miner Hummingbird Resources’ Kouroussa gold mine processing plant in Guinea has reached the completion stage and entered the commissioning…

Gold Fields and Osisko form JV to develop gold mine in Canada

Osisko Mining and Gold Fields have established a 50:50 joint venture (JV) to develop and mine the Windfall gold mining…

Platinum price grows due to infrastructure issues in South Africa

The price of platinum has risen amid concerns of a coming shortage of the metal. The concerns have been fuelled…

Illegal gold miners fatally shot in Brazilian indigenous territory

Four illegal gold miners have been fatally shot in indigenous territory in the Amazon rainforest following an ambush by Brazilian…

Resolute publishes 2022 sustainability report amid expansion push

Australian-headquartered miner Resolute has published its 2022 sustainability report, aiming to highlight its increasing compliance with World Gold Council sustainability…

Zacapa acquires Kramer Hills gold mine in California, US

Canadian mining company Zacapa Resources has acquired the Kramer Hills gold project in San Bernardino County, California, US. Zacapa executed…

Alicanto closes purchase of Sweden’s Falun mine from Explora

Australian miner Alicanto Minerals has concluded the purchase of the Falun copper-gold-zinc mine in Sweden from Explora Mineral. The deal,…

Newmont Q1 net income dips 22% on reduced production volumes

Gold miner Newmont has reported a net income of $363m for the first quarter of 2023, a decline of 22% compared…