The Serrote copper-gold development will produce 22,000 tonnes per year copper-equivalent over an initial 14-year mine life.

Drilling in 2019-2020 was successful in converting an additional 907,200 ounces to the Measured & Indicated category.

Company aims to raise around $500 million with the help of JPMorgan and UBS.

Sibanye reported a 78% increase in first-quarter core profit last month, on the back of higher prices for metals, including gold, platinum, palladium and rhodium.

Record copper sales and soaring gold and iron ore prices in the second half of 2020 have helped the Australian state reach its second-highest year of mining value.

Four holes returned vein intercepts of over 20 g/t gold, confirming the consistent high grade of Bralorne West.

Goldsource Mines is planning a second resource update for Eagle Mountain in Guyana during the second half of 2021.