As known resources are depleted and projected demand for key minerals increases, finding the next new deposits has become more urgent.

The gold miners’ stocks collapsed into mid-May, exasperating contrarian traders.

Sibanye’s biggest mining unions agreed to a wage deal that will end nearly 90 days of a workers’ strike at its three gold mines.

Ghana has vied with South Africa in recent years for the dominant position.

Highlights from the drill results included 50.7m, with an estimated true width of 5.5m, grading 92.11 g/t gold.

Spot gold rose 1.3% to reach its highest in nearly a month.

The miner said the first phase of its renewable energy project consisted of a 30-megawatt solar energy plant in the Free State province of South Africa.

With Russian gold and diamonds off-limits due to the war in Ukraine, makers of luxury jewelry and watches are finding it more difficult to secure raw materials.