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Liesl Peyper
Endeavour flags weaker gold output on Mana shutdown
Endeavour Mining anticipates full-year gold output near the lower end of guidance after ground subsidence halted underground operations at its Mana mine in Burkina Faso.
Resolute targets more gold from Ivory Coast expansion
Resolute Mining is investigating the addition of a second gold processing plant at its Doropo project in Ivory Coast to accelerate output from the Kilosegui deposit.
Omnia targets first Canadian mining profits after contract wins
Chemicals group Omnia expects new underground mining contracts to steer its Canadian explosives business into profitability ahead of a proposed takeover by Solar Industries.
Galiano expects cash boost as costly gold hedges expire
Galiano Gold anticipates a major cash flow inflection next year as its gold hedge book expires, unlocking full exposure to high gold prices alongside ongoing expansion projects…
Allied Gold plans shareholder payouts even as costs rise
Allied Gold plans to initiate dividends and share buybacks as its low-cost Kurmuk mine in Ethiopia starts up, balancing higher operating costs with future output growth.
AngloGold holds output target despite 9% production fall
AngloGold Ashanti has affirmed its full-year production forecast of up to 3.17 million ounces, despite higher mining costs and a 9% decline in third-quarter output.
Gold mining cost inflation strikes a 13-year high
Gold mining costs climbed to a record high of $1,930 an ounce, driven by sharp cost inflation, yet global output remains on track for another annual record.
Endeavour gold target on track despite Mana collapse
Endeavour Mining has temporarily halted underground mining operations at its Mana mine in Burkina Faso after an access ramp subsided, blocking portals to active areas.
Kenmare seals 20-year Moma export deal with Mozambique
Kenmare Resources has resolved a lengthy dispute with the Mozambican government, securing a 20-year extension of the Implementation Agreement for its flagship Moma mineral sands…
Andrada Mining set for greater exposure to strong tin prices
Andrada Mining is poised to gain greater exposure to the tin market when its price hedge expires in November, bolstered by production growth at its Uis mine in Namibia.
Implats fails to arrest safety problems as mine deaths rise
Impala Platinum has recorded nine worker fatalities over the past 15 months following five deaths in the first quarter of FY2027, severely impacting output despite improvements…
West African Resources to clear debt as cash tops A$1bn
West African Resources aims to clear all debt within the next year after strong quarterly operations pushed its cash reserves beyond A$1bn.
West Wits doubles development as clock ticks on gold target
West Wits Mining ramped up underground development at its Qala Shallows gold mine during the September quarter, moving closer to primary commercial production.
Thungela takes gains to 98% as coal nears one-year high
Thermal coal prices near a one-year high as tight supplies and robust Asian demand drive up Richards Bay futures, boosting South African miners Thungela and Exxaro.
Springbok lithium project scores $60m funding bid
Lithium Africa has secured two non-binding funding offers, including a US$60m investment proposal, for its Springbok project in the Northern Cape as it aims for first production…
Afrimat bets on Doornfontein as iron ore profits collapse
Afrimat looks to lower-cost production from its new Doornfontein deposit to boost margins after weak iron ore prices, soft Chinese demand, and steep freight rates hit interim…
DRDGold cash flow on the rise as capex burden eases
DRDGOLD recorded R725.8m in free cash inflow for the September quarter, driven by higher gold output and stronger prices that lifted operating profit by 42%.
South32 lifts SA manganese output, cuts costly trucking
South32 increased South African manganese output by 11% in the September quarter, driven by gains at the Wessels mine, even as sales dropped after the group reduced higher-cost…
TechMet taps Venezuela for US vanadium supply
Critical minerals investor TechMet has begun purchasing Venezuelan refinery by-products to feed its vanadium facilities in Arkansas, capitalising on eased US trade restrictions…
AngloGold Ashanti rules out share buy-back binge
AngloGold Ashanti CFO Gillian Doran stresses that share buybacks must remain opportunistic amid high equity valuations, reiterating dividends as the company's primary return…