Mining
Rebecca Perrett, former group executive of safety at Newmont Mining, has filed a lawsuit against the company, alleging that her concerns regarding site safety were dismissed in favor of prioritizing profitability. Perrett, who served as group executive of safety from 2019 to October 2023, claims that she identified underreporting of
Mining industry
Minerals Development Oman (MDO) has continued its commitment to mineral exploration, achieving significant growth in its exploration assets. The company invested around RO 5 million in 2023 on various exploration programs, resulting in a 7-per cent increase in exploration assets. This growth encompasses both metallic and industrial minerals, reinforcing MDO&
Gold mining
Blue Gold Bogoso Prestea Limited, the new owner of the Bogoso and Prestea gold mining leases, has restarted operations at the mine following a period of care and maintenance. Underground mining activities and dewatering have commenced, with over 200 staff resuming work in August. The company plans to expand the
Mining industry
Pakistan's economic wheel is expected to gain momentum as the country has reportedly secured a lucrative investment deal in the mining sector. Saudi Arabia has offered to buy 15% stakes in the Reko Diq mining project, a significant move that will see substantial investment in the desolated province
Gold mining
Sunshine Metals Limited has agreed to sell its Triumph project to Dart Mining for $2 million, with the transaction expected to complete in October 2024. The divestment will allow Sunshine to focus on its core Ravenswood Consolidated project, while Triumph will be progressed by Dart Mining's capable team.
Energy Fuels Inc.
Base Resources Limited has issued its financial and operational results for the year ended 30 June 2024, which highlighted the company's ability to overcome challenges and deliver strong results despite market fluctuations. The Kwale Operations team successfully transitioned to lower-grade ore bodies, maintaining production volumes at the top
Mining industry
Strata Investment Holdings PLC, an Australian company, has announced a binding letter agreement to acquire SCP Resource Finance LP, a leading investment dealer specializing in the global mining sector. This acquisition is aligned with Strata's strategy of building income-generating investments in the resource sector, and it marks the
Gold mining
Auric Mining Limited (ASX: AWJ) has reported a successful gold milling campaign for 2024, with the second campaign of the year producing significant cash flow from the Jeffreys Find Gold Mine near Norseman, Western Australia. The campaign, which is expected to conclude in early September 2024, has seen nearly 129,
Gold mining
Maximus Resources Limited has reported encouraging results from an approximately 1,500m reverse circulation (RC) drill program at the Hilditch Gold Project, located in Western Australia. The program aimed to enhance geological confidence and upgrade the resource to the higher confidence JORC indicated category. The results demonstrate the potential for
Mining industry
Serabi Gold, a Brazilian-focused gold mining and development company, has announced the passing of an employee who was injured in a mining-related accident at the Palito Mine on July 31, 2024. Despite receiving immediate medical attention, the individual succumbed to their injuries on August 12, 2024, at an Itaituba Hospital
Gold
Pan African Resources, a gold miner based in South Africa, has marked a significant year with several operational achievements and milestones. Despite challenges, the company has been able to meet its production and cost guidance, improve safety, and proceed with the commissioning of the Mintails operation. CEO Cobus Loots highlights
Mining
Caledonia Mining Corporation, a leading gold mining company, is set to release its operating and financial results for the quarter ended June 30, 2024, on Monday, August 12, 2024. The company will host a remote presentation for analysts and investors at 2:00pm London time, followed by a question-and-answer session.
