Mining industry
The Bank of Tanzania (BoT) has signed an agreement with key gold mining firms and the Geita Gold Refinery to streamline gold purchases and transportation within the country. The agreement aims to strengthen Tanzania's foreign exchange reserves by supporting the country's gold-buying program. Finance minister Mwigulu
Mining industry
Prime Minister Shehbaz Sharif has issued a directive to connect the Reko Diq copper-gold mining site in Balochistan to Pakistan's railway network by 2028. This directive aligns with the expected start of commercial production at the project, which is scheduled to commence in 2028. The project, being developed
Mining industry
Nova Minerals Limited has initiated a maiden 3,000m diamond drill program at its highly prospective Stibium prospect, targeting both gold and antimony mineralization. The first diamond drill rig is now operational, with a second diamond rig and the company-owned reverse circulation (RC) rig scheduled to commence drilling later in
Mining industry
Silver Mines Ltd has made a significant expansion to its exploration portfolio by acquiring two historic silver and gold assets in California's San Bernardino County. The Calico North and Kramer Hills projects boast historical production and considerable exploration potential, with Silver Mines poised to leverage modern techniques to
Mining industry
Navoi Gold Mining Company has achieved record-breaking gold production and robust financial performance, solidifying its position as one of the most resilient and long-term players in the global mining industry. The company produced 3.1 million ounces of gold in the past year, marking a 30 percent increase in production
Mining industry
NMDC Ltd's foray into gold mining in Australia has been a game-changer for the company, forcing them to adapt to new skills and precision required for vein mining. The company's experts had to acquire specialized knowledge to extract deep-seated critical minerals, and despite initial setbacks, they
Mining industry
West Pokot Governor Simon Kachapin has condemned the collapse of a gold mine at Karoon village, which resulted in the death of four miners and hospitalization of five others. During a visit to the site, the governor called for regulation of gold mining activities, warning against unregulated and unsafe mining
Mining industry
The upcoming Mining in Motion summit, scheduled for June 2-4, 2025, in Accra, Ghana, will bring together local and regional ministers, mining stakeholders, and industry leaders to discuss opportunities and challenges in the artisanal gold mining sector. The event, organized by the Ashanti Green Initiative and the Ghanaian Ministry of
Mining industry
Reko Diq Mining Company (RDMC), a subsidiary of Barrick Gold Corporation, has taken a significant step in its efforts to establish a robust and inclusive supply chain for the Reko Diq project in Pakistan. The company hosted a suppliers' roadshow in Karachi, where it engaged with over 200 potential
Mining industry
Reko Diq Mining Company (RDMC), a joint venture between the Government of Balochistan, the Government of Pakistan, and Barrick Mining Corporation, has taken a significant step towards promoting local economic development by hosting a supplier road show in Karachi. The event aimed to connect with prospective vendors and suppliers from
Mining industry
Recent months have seen several notable drill intercepts on the Australian Stock Exchange (ASX), including a 58-metre hit at 3.08 per cent copper and 13.3 grams per tonne (g/t) silver by White Cliff Minerals at its Rae project in Canada. Other significant hits were reported from Benz
Mining industry
Brixton Metals Corporation has initiated drilling at its Thorn copper-gold project in Northwest British Columbia, Canada. The 2,945-square-kilometer project is approximately 90 kilometers northeast of Juneau, Alaska. The company plans to expand near-surface gold mineralization within the Camp Creek Corridor and at the Trapper Gold Target, as well as
