Fifteen trapped Zim miners rescued alive

A group of 15 workers from a small-scale gold operation in Zimbabwe have been rescued alive after a shaft collapse, according to local media citing Mines Minister Soda Zhemu. Bloomberg and Reuters both reported that the incident occurred 5 January at the Redwing gold mine east of Harare, which is owned by Metallon Corp. Zhema, which spoke at the scene,…

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Operations restart at CSH gold mine

China Gold International said overall operations at its CSH gold mine in Inner Mongolia have returned to full production, effective 3 January, following slope maintenance. The Canadian-based miner reported in November that the mining rate was reduced at the end of the third quarter and into the fourth quarter in order to enhance the management and maintenance of open pit…

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Saudi mining company discovers gold

Saudi Arabian Mining Company (Ma’aden) has discovered multiple gold deposits south of its existing Mansourah-Massarah gold mine in the central region of the Middle Eastern country, indicating the potential for expansion, reported Reuters. Ma’aden said that the finds, along a 100-kilometer (62-mile) strip, were the first from an exploration program launched in 2022. Samples taken indicated the presence of high…

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Barrick starts Porgera recommissioning

Barrick Gold said it has begun recommissioning the Porgera gold mine in Papua New Guinea following the formal completion of a commencement agreement.  Porgera, an open pit and underground gold mine, has been in care and maintenance since April 2020. Barrick said it anticipates mining and processing to restart in the first quarter of 2024. The equity in the mine…

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Wärtsilä to ensure Masbate remains powered on

Photo: B2Gold Technology group Wärtsilä has signed a five-year renewal of its operation and maintenance agreement with B2Gold subsidiary Philippine Gold Processing & Refining for the Masbate gold mine power plant.  Wärtsilä has operated and maintained the plant, which is the sole source of electricity for the remote mine, since 2009. “The plant’s availability, efficiency and reliability are critical to…

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Newmont puts off decision on Yanacocha spend

Newmont is planning to undertake cost-cutting efforts in 2024, and as such has opted to defer its decision of a full funds investment in the expansion of its Yanacocha sulphides expansion in Peru for “at least” two years. Officially, the producer said it wants to “advance…[a] portfolio optimization strategy” that will prioritize other opportunities and support a disciplined capital allocation…

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Heavy rain blamed for deadly Venezuela mine collapse

Venezuelan officials have confirmed the deaths of 12 mine workers and 112 survivors after a gold mine collapse 31 May in El Callao, Bolivar. Per reports in the Daily Mail and Reuters, the mine flooded due to heavy rains, but also that those rains kept rescuers from being able to enter the workings until 3 June. Victims’ bodies were returned…

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