Tag: Gold mining

GoldStone Resources commences mining and ore stacking at the Homase mine

Frank

GHANA – GoldStone Resources has commenced mining and ore stacking at the Homase mine within its Akrokeri-Homase gold project (AKHM) in Ghana, with the first mined ore having been successfully stacked onto the heap leach pad. This follows the pre-stripping and clearing of the Homase mine site, which the company says is continuing to perform well. The daily mining rate and the growth in the primary and secondary run-of-mine stockpiles are performing at or above the targeted levels. CEO Emma Priestley says the stacking of ore onto the heap leach…

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Mining company Gold Fields’ board gives green light to South Deep solar project

Frank

SOUTH AFRICA – the Board of Directors Gold Fields, one of the world’s largest gold mining firms, has given the green light for the construction of a 40MW solar plant at the South Deep mine in South Africa. The move follows the granting of a licence by the National Energy Regulator of South Africa on 25 February 2021. The 40MW solar plant will generate over 20% of the average electricity consumption of the mine and  will comprise 116,000 solar panels and cover a 118 ha and will be on mine…

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Perseus Mining Ltd releases its CY20 Sustainable Development Report and future plans

Frank

WEST AFRICA – Perseus Mining Limited, a gold producer, developer and explorer, has released its CY20 Sustainable Development Report that details the company’s progress over the past 12 months. The company has recorded great progress in its 2020 sustainability report as it moves forward in delivering sustainable gold production of 500,000 ounces per annum by financial year 2022. It reports its delivery on its commitment to responsible mining operations in Côte d’Ivoire and Ghana, including an overall economic benefit to host countries totalling about USD$385 million. The report confirms the…

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Centamin awards contracts of Sukari Gold Mine to juwi AG and Giza Systems

Frank

EGYPT – Centamin, a gold mining company, has announced it has awarded the engineering, procurement and construction contracts for the 36 MW solar farm and 7.5 MW battery–energy storage system at the Sukari Gold Mine to juwi AG and Giza Systems. juwi AG has been contracted to design, supply and integrate the Sukari solar and battery plant into the current diesel power plant. juwi are renewable energy specialists, with an established track record of developing and integrating renewable energy solutionsfor mines. Giza Systems have been contracted to install the Sukari…

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Mayflower Gold completes acquisition of Kilimapesa gold mine in Kenya

Frank

KENYA – Mayflower Gold has completed the acquisition of the Kilimapesa gold Mining and processing operations in Kenya from Alternative Investment Market of London Stock Exchange-listed Goldplat. The acquisition has been brought forward ahead of completion of the planned reverse takeover (RTO) of Papillon Holdings by Mayflower which will create a new London Stock Exchange listed gold producer in East Africa called Caracal Gold. Kilimapesa is an established, permitted, and operating gold mine with current gold sales and successive gold pours in 2021. Operations recommenced in 2020 after a period…

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Harmony Gold begins phasing in of the first 10MW of solar energy into its electricity mix

Frank

SOUTH AFRICA – Johannesburg Stock Exchange listed Harmony Gold, which is in the process of introducing 30 MW of own-generation solar power into its electricity mix, has begun the phasing in of the first 10 MW of renewable energy generation. “Generating our own power from solar power is the way to go,” Harmony Gold Chief Executive Officer Peter Steenkamp said in response to Mining Weekly during a media briefing. “We’re in the process of introducing 30 MW of power generation on our own solar power. We’ve already started with the first 10 MW of…

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Egypt signs 5 contracts for gold exploration with investments of US$13m to cover 13 sectors

Frank

EGYPT – The Egyptian Mineral Resources Authority (EMRA), affiliated to the Ministry of Petroleum and Mineral Resources, has signed five contracts for gold search and exploration with Canadian and Egyptian companies. The contracts, the first relating to gold prospecting in Egypt, are worth total investments of an estimated at US$13 million, and will cover 13 sectors. They are the result of the first global auction put forward by Egypt in 2020, with the results announced last November. The contracts signed include three with the Canadian Lotus Gold company, an international…

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