Tag: Gold production

Zimbabwe sets $300 million gold support plan to boost local mining

Zimbabwe’s gold support plan caps government spending at $300 million through 2026 as production rises and fiscal risks grow.

Timilehin Adejumobi Timilehin Adejumobi

Nedbank CIB backs AngloGold Ashanti’s Geita gold mine with $500 million facility

Geita Gold Mine financing gets a $500 million boost from Nedbank CIB as Tanzania’s largest gold operation expands.

Timilehin Adejumobi Timilehin Adejumobi

Canadian miner Dynacor targets first Senegal gold pour in August

Dynacor’s Senegal gold project moves closer to first gold pour in August as the Canadian miner expands its West Africa operations.

Timilehin Adejumobi Timilehin Adejumobi

Perseus Mining invests $174 million in Tanzania ahead of gold production

Perseus Mining invests in Tanzania’s Nyanzaga Gold Project, boosting jobs, taxes, and infrastructure ahead of 2027 output.

Oluwatosin Alao Oluwatosin Alao

West Wits closes $68 million deal for South Africa gold asset

West Wits Qala Shallows Gold Project secures $68 million funding, accelerating South Africa gold production growth plans.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe approves second gold refinery as output climbs

Zimbabwe approves a second gold refinery as rising output and strong prices drive investment in its mining sector.

Oluwatosin Alao Oluwatosin Alao

Zimbabwe’s biggest gold producer eyes massive expansion from $4.61 billion

Zimbabwe’s top gold producer plans expansion after $4.61bn exports, targeting higher output and new mining projects

Oluwatosin Alao Oluwatosin Alao

Zimbabwe’s Mutapa Investment Fund eyes $250 million to boost gold production

Zimbabwe’s Mutapa Fund seeks $250 million to expand gold mining as output targets rise through 2028.

Timilehin Adejumobi Timilehin Adejumobi

Montage Gold set for first gold Pour at Koné mine

Montage Gold moves closer to its first gold pour at Koné, signaling near-term production and cash flow.

Timilehin Adejumobi Timilehin Adejumobi