Burkina Faso targets bigger royalties as gold production drops

Mining News Pro - Burkina Faso has revised its mining code to enable it to take more in royalties in boom times after gold production fell.

Newcrest’s gold production misses analysts’ estimate

Mining News Pro - Takeover target Newcrest Mining on Thursday reported lower third-quarter gold output after facing production difficulties at its Cadia project in Australia, missing a consensus forecast by nearly 10%.

Agnico Eagle shares sink despite posting record gold production in 2022

Mining News Pro - Agnico Eagle Mines delivered solid operating performance in a challenging cost and workforce environment during the fourth quarter and throughout 2022, with payable gold production of nearly 800,000 ounces and 3.14 million ounces in these periods respectively, the company said on Friday.

Barrick shares tumble as weaker gold production dents profit

Mining News Pro - Toronto-listed shares were down 6.9% to 18.26 Canadian dollars, on track for their biggest one-day drop in two years.

Calibre Mining shares jump after another quarter of record gold production

Mining News Pro - Calibre Mining (TSX: CXB) posted another record quarter of production during Q2 2022, recording consolidated gold production of 59,723 ounces, a 37% increase over the same period last year. Gold production from Nicaragua accounted for 48,810 ounces, while its Nevada operations had 10,913 ounces.

Tombola on fast track to gold production

Mining News Pro - Sydney-based gold explorer Tombola Gold has announced positive progress towards first gold production, with mining activities advancing well-ahead of schedule as the company fast tracks to first cash flow in 2022.

China reclaims top gold production title

Mining News Pro - Australian gold mine production declined in the third quarter of 2021, according to Melbourne consulting group Surbiton Associates, allowing China to return as the top gold producing country in the world.

Gold production from top miners to recover in H2

Mining News Pro - The collective production of the top 10 global gold producers is expected to recover by around 13.5% in H2 2021 compared with H1, should their 2021 production guidance all be met, according to a GlobalData report.

Australian gold production outpaces China

Mining News Pro - Australian gold production in the first six months of 2021 reached 157 t, which was 4 t higher than China.

Australia surpasses China in gold production

Mining News Pro - Australian gold production for the first half of 2021 was four tonnes more than China’s figures for the same period, according to Melbourne consulting group Surbiton Associates.

Fosterville gold production drives Kirkland Lake to record

Mining News Pro - Kirkland Lake Gold has achieved higher gold grades at the Fosterville mine in Victoria following changes to mine sequencing, pushing it to another record quarter.

Karora to double gold production through Beta Hunt expansion

Mining News Pro - Karora Resources has planned to increase production by 1.2 million tonnes at the Beta Hunt gold mine in Western Australia to help double the company’s production guidance.

Turquoise Hill beats profit estimates on higher copper, gold production

Mining News Pro - Canada`s Turquoise Hill Resources posted a surprise rise in quarterly profit on Monday, helped by increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.

OceanaGold anticipates gold production wave

Mining News Pro - OceanaGold is expecting its gold production to increase by 20 per cent this year to between 340,000 to 380,000 ounces.

Gruyere JV to raise gold production

Mining News Pro - Gold Road Resources expects gold production at the Gruyere mine in Western Australia to reach up to 300,000 ounces this year.

Russia`s gold production down 7% y/y to 314 t in Jan to Nov

Mining News Pro - Russia produced 314.41 t of gold from January to November, down from 337.26 t during the same period in 2019, the finance ministry said on Tuesday.

Alkane amps up gold production guidance

Mining News Pro - Alkane Resources is finalising feasibility plans for the Roswell and San Antonio underground mines in New South Wales in the coming months after increasing its gold production guidance by 2000 ounces.

Caledonia lifts 2021 gold production guidance after record 2020 output

Mining News Pro - Caledonia Mining Corporation produced a record 57 899 oz of gold in 2020, meeting the top end of its revised increased guidance for the year.

Centerra’s gold production beats guidance

Mining News Pro - Centerra Gold announced Thursday that its fourth quarter and annual gold output both exceeded the upper end of the company’s consolidated 2020 production guidance.

Ramelius gold production outperforms expectations

Mining News Pro - Ramelius Resources has exceeded its gold production guidance for the December 2020 quarter, with 72,896 ounces to round out the calendar year.

Red River initiates Hillgrove gold production

Mining News Pro - Red River Resources is continuing to ramp up production at the Hillgrove gold operation in New South Wales after processing its first ore at the site.

Ghanaian government expects increased gold production in 2020

Mining News Pro - Ghana’s Minister of Lands and Natural Resources, Kwaku Asomah-Cheremeh, said that the Nana Akufo-Addo government expects the country’s mining sector to surpass last year’s production of over four million ounces of gold.

Gruyere JV cuts gold production guidance

Mining News Pro - Joint venture (JV) partners Gold Road Resources and Gold Fields have experienced an interruption to production at the Gruyere gold mine in Western Australia.

Global gold production to grow 2.5% by 2029

Mining News Pro - The global gold production will increase from 106moz in 2020 to 133moz by 2029, averaging 2.5% annual growth.

Boston Shaker nears first gold production

Mining News Pro - Joint venture partners AngloGold Ashanti and IGO are targeting first production at the Boston Shaker underground gold mine at the Tropicana operation in Western Australia this quarter.

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