Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast
South Africa’s Gold Fields on Thursday raised its 2024 gold output forecast to between 2.33 million and 2.4 million ounces, saying it expects a rapid production ramp-up at its new Salares Norte mine in Chile, which comes online in April.
-
-
Visit: 106
Gold Fields says new Chile mine on track as profit dips
Mining News Pro - Gold Fields said on Thursday it was on track to start producing gold at its Salares Norte project in Chile in the fourth quarter of this year, after reporting lower half-year profit on higher costs.
-
-
Visit: 163
Gold Fields won’t raise offer for Yamana Gold after rival bid
Mining News Pro - Yamana’s website still has a banner on the landing page announcing the Gold Fields’ deal. Should their agreement be terminated, the Toronto-based miner would have to pay a $300 million break fee to Gold Fields.
-
-
Visit: 295
Gold Fields bolsters Chile presence with investment in Torq Resources
Mining News Pro - Torq Resources has welcomed Gold Fields as its new strategic investor after announcing a C$15 million private placement with a wholly owned affiliate of the NYSE-listed miner. The companies have also entered into an investment agreement that entitles Gold Fields to a pre-emptive right to maintain its stake in Torq.
-
-
Visit: 561
Gold Fields sees progress in winning investors over to Yamana deal
Mining News Pro - Gold Fields is making “encouraging progress” in winning shareholders over to its $6.7 billion all-share purchase of Canada’s Yamana Gold, CEO Chris Griffith said on Thursday.
-
-
Visit: 695
Gold Fields slowly turning Yamana deal doubters into allies
Mining News Pro - Gold Field’s intended acquisition of Canada’s Yamana Gold remains in limbo, though the South African miner has gained backers and says its shareholders are starting to understand the strategy.
-
-
Visit: 426
Gold Fields unlikely to further sweeten Yamana deal
Mining News Pro -South African miner Gold Fields trusts that Yamana Gold’s shareholders will back its planned $6.7 billion takeover of the Canadian gold miner.
-
-
Visit: 654
Gold Fields hikes dividends to win Yamana deal backing
Mining News Pro - South African miner Gold Fields promised an improved dividend policy and a Toronto Stock Exchange listing in a bid to win shareholders who have expressed reservations about the planned $6.7 billion takeover of Canada’s Yamana Gold.
-
-
Visit: 587
Gold Fields investor tells miner to scrap Yamana deal
Mining News Pro - A top-10 investor in South Africa’s Gold Fields on Friday urged the miner to cancel its planned takeover of Canada-based Yamana Gold, saying the $6.7 billion transaction was expensive and did not guarantee growth and profitability.
-
-
Visit: 667
Foxes add to Gold Fields headaches in Chile
Mining News Pro - South African miner Gold Fields, already dealing with the effects of inflation and the relocation of endangered chinchillas at its Salares Norte gold project in Chile is now facing potential sanctions from the country’s environmental regulator due to the death of specimens of culpeo fox in the area.
-
-
Visit: 391
Chinchillas throw wrench in Gold Fields’ Chile mine expansion plan
Mining News Pro - Gold Fields Ltd.’s flagship $860 million expansion project in Chile has stumbled over a large rodent, whose prized fur saw it hunted to the brink of extinction.
-
-
Visit: 548
Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
-
-
Visit: 866
Gemfields finds largest emerald ever at Zambia mine
Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.
-
-
Visit: 891
Gold Fields' half-year earnings up 33%, interim dividend lifted
Mining News Pro - Gold mining company Gold Fields on Thursday announced 33% higher normalised half-year earnings to $431-million, which has opened the way for the declaration of an increased interim dividend.
-
-
Visit: 403
Gold Fields eyes renewables at St Ives
Mining News Pro - Gold miner Gold Fields is looking at electrification options for its St Ives gold project, in Western Australia, to incorporate renewable energy.
-
-
Visit: 677
Gemfields’ new indicator aims for transparency on how much miners pay host countries in taxes
Mining News Pro - Gemfields called on governance bodies, mining organizations, industry observers and host governments to adopt the ‘G-Factor for Natural Resources,’ a new measure promoting greater transparency regarding the level of natural resource wealth shared with the governments of host countries.
-
-
Visit: 405
Gemfields seeks to promote greater transparency with G-Factor for Natural Resources
Mining News Pro - Gemstone producer Gemfields is inviting collaboration, input and support from governance bodies, mining organisations, industry observers and host governments in adopting the G-Factor for Natural Resources – a new measure promoting greater transparency on the level of natural resource wealth shared with the governments of host countries.
-
-
Visit: 391
Wellbeing of 25 chinchillas weighs on Gold Fields access to 3.5m gold ounces
Mining News Pro - Chile’s environmental watchdog is “weeks away” of issuing a decision on whether Gold Fields (TSX, NYSE: GFI) harmed a group of 25 short-tailed chinchillas by attempting to move them so it can access 3.5 million ounces of extractable gold in the country’s north.
-
-
Visit: 491
Chinchilla challenge: findings on Gold Fields' relocation efforts due within months
Mining News Pro - A Chilean environmental regulator's probe into whether a group of endangered short-tailed chinchillas was harmed by attempts to move them so that a gold mine could be built will likely wrap up "in the coming months", the environmental regulator's head told Reuters.
-
-
Visit: 572
Gold Fields on track to deliver on guidance
Mining News Pro - Notwithstanding the impact of Covid-19, Gold mining company Gold Fields produced attributable equivalent gold production of 541 000oz, which was largely flat year-on-year and down 9% quarter-on-quarter.
-
-
Visit: 942
Gold Fields board approves R660m construction of 40 MW solar plant at South Deep
Mining News Pro - Gold Fields' board has approved the construction of a 40 MW solar plant at the South Deep mine at an estimated capital cost of R660-million.
-
-
Visit: 518
Gemfields generates $31m in April emerald mini auctions
Mining News Pro - Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17.
-
-
Visit: 577
Gemfields to restart mines after covid-triggered layoffs
Mining News Pro - Precious gemstones miner Gemfields said on Monday is ready to resume production at its two flagship mines in Africa, nearly a year after it had to halt operations in response to covid-19.
-
-
Visit: 730
Energy Regulator approves 40 MW solar licence for Gold Fields` South Deep
Mining News Pro - The National Energy Regulator of South Africa (Nersa) announced on Thursday that the Energy Regulator, at its meeting held on February 25, approved the issuance of a generation licence for a 40 MW solar photovoltaic (PV) plant to be developed at the South Deep gold mine, in Gauteng.
-
-
Visit: 704
Gold Fields partners with Mobilaris at Granny Smith
Mining News Pro - Gold Fields is continuing to innovate at the Granny Smith gold mine in Western Australia, this time through the use of Mobilaris’ digital solutions.
-
-
Visit: 672