US EditionMining Production Expected to Slump Further
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Mining production expected to slump further
Mining production expected to slump further Estelle.Bronkhorst Tue, 07/15/2025 - 08:00 JOHANNESBURG - Mining production in South Africa is expected to slump even further in May, according to Investec.The latest StatsSA print will be released on Tuesday.In April, mining production decreased by 7.7 percent year-on-year.WATCH: Costs squeeze mining giantsThis was due to a sharp decrease in the production of Platinum Group Metals.Elevated uncer…
According to World Gold Council rankings 2024, world gold mining production is estimated at 3,300 tons in 2024, a slight increase from 3,250 tons in 2023. It should be noted that the estimated price of gold in 2024 reached a new annual record, up 23% from 2023. The report highlights world leaders in this industry. China, Russia, Australia, Canada and the United States rank as the top five gold-producing countries for 2024, contributing together …
Kristie Batten: Theta moves towards gold production in South Africa
One of Australia’s top mining journalists, Kristie Batten, writes for Stockhead every week in her regular column placing a watchful eye on the movers and shakers of the small cap resources scene. June was an important month for Theta Gold Mines (ASX:TGM), as it put all the pieces in place to build South Africa’s next gold operation. Theta owns 74% of the 6.1 million ounce TGME brownfields project, 370km northeast of Johannesburg, which is where …
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