Canadian gold mining company Aris Mining Corporation founder, chairperson and CEO Neil Woodyer has been inducted into the Canadian Mining Hall of Fame. The formal ceremony will be held on January 14 next year.
Gold Fields could make another run for Northern Star Resources, CEO Mike Fraser said, after the Australian miner rejected a $27-billion takeover offer, with investors expecting it to return with more cash.
Gold miner Barrick's proposed North American IPO could slide into January 2027, CEO Mark Hill said on Tuesday at the Mining Forum Americas in Colorado, adding that the company was on track to meet results guidance.
Gold prices could face further pressure in the coming days as rising US Treasury yields and expectations of additional Federal Reserve rate hikes sap demand for the non-yielding metal.
Gold Fields has more than doubled free cash flow in the last 12 months; Northern Star has suffered free cash flow decline in the same period despite the gold price rise.
St Barbara has released an updated prefeasibility study (PFS) on its 15-Mile Processing Hub project, in Nova Scotia, which will combine three historical gold mines into a single integrated operation.
Australia's top gold producer Northern Star Resources said it rejected an unsolicited A$38.7-billion ($27.1-billion) takeover proposal from South Africa's Gold Fields, the latest sign of consolidation pressure in the gold sector.
Dynacor has provided an update on its expansion projects in Senegal and Ecuador, as well as on its Peruvian operations.
Ghana's central bank will prioritise rebuilding foreign exchange reserves in the coming months as it navigates a weaker current account, declining reserves and a pause in gold exports by state buyer GoldBod since August, Governor Johnson Asiama said on Wednesday.
A South African consortium led by former Sibanye-Stillwater CEO Neal Froneman is working with Rothschild & Co on a bid to bring Formula One racing back to the African continent.
