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The results of a definitive feasibility study (DFS) on London- and Toronto-listed gold miner Centamin’s Doropo project, in Côte d’Ivoire, has demonstrated that it is a robust project that meets the company’s investment criteria, says CEO Martin Horgan. “The project shows a strong first five years with production in excess of 200 000 oz/y at an all-in sustaining cost below $1 000/oz, delivering an accelerated payback on investment. The DFS has resulted in a plan with significantly lower execution risk, relative to the prefeasibility study, reflecting a reconfiguration of the project to reduce its social impact on local communities,” he adds.

What asset class do millennials and Gen Z investors both want to own?

Here is an answer you may not have guessed: Gold.

Among wealthy investors under the age of 43, 45% own gold as a physical asset, and another 45% are interested in holding it, according to a recent study by Bank of America Private Bank.

Those are far higher percentages than other age groups.

London-listed URA holdings, which owns and operates the Gravelotte emerald mine in Limpopo, South Africa, has acquired a majority interest in Prasinus Exploration, the owner of the Curlew emerald mine, in the Pilbara region of Western Australia. URA has acquired a 65% interest in Prasinus for A$450 000, or about £237 000, and has the option to acquire the remaining 35% interest for a further A$300 000, or £158 000, in URA shares after an initial 12-month period and expiring on October 18, 2025.

Mineral and Petroleum Resources Minister Gwede Mantashe has said the migration to a new mining cadastre system is expected to be completed by June 2025. The former Department of Mineral Resources and Energy, which has been split in the seventh administration, in February announced the appointment of the PMG Consortium to design, implement and maintain the mining licensing system, or cadastre.

ASX-listed Evolution Energy Minerals CEO Phil Hoskins has resigned and will leave the company by no later than October, it was announced on Tuesday.

Evolution has started a process to identify a new CEO, who will be in charge of the successful development of the Chilalo graphite project, in Tanzania.

Paladin Energy’s top boss says its takeover of Fission Uranium Corp would make it the third-largest publicly traded uranium producer, offering investors an alternative in a sector dominated by two giants. Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project when completed, CEO Ian Purdy said in a Wednesday interview in Toronto. That would lift Paladin’s ranking by output to third, behind top producer Kazatomprom, which is controlled by the government of Kazakhstan, and Canada’s Cameco Corp.

Gold mining company AngloGold Ashanti has announced that former De Beers CEO Bruce Cleaver and former JSE CEO Nicky Newton-King have been appointed as independent nonexecutive directors with effect from July 22. Cleaver, who has commercial and mining experience, will serve as a member of the Audit and Risk Committee and the Social, Ethics and Sustainability Committee and Newton-King will serve as a member of the Compensation and Human Resources Committee and the Social, Ethics and Sustainability Committee.

Trade union Uasa has signed a five-year wage agreement with the management of the Cullinan mine, which is owned by London-listed Petra Diamonds.

The agreement is effective from July 1 this year to July 1, 2028, stipulating a 5.5% or consumer price inflation (CPI) increase for entry level, or C lower, employees for the first three years and a 6% increase in years four and five.

Titanium and zircon producer Kenmare Resources has confirmed in a July 17 trading update for the quarter and half-year ended June 30, that it is on track to achieve its full-year guidance on all stated metrics. Kenmare operates the Moma titanium minerals mine in northern Mozambique.

TSX-V-listed GoviEx Uranium says that, while it plans to fight for its rights at the Madaouela project, in Niger, the difficulties faced in that country present it with a unique opportunity to concentrate its efforts on its Muntanga project, in Zambia. The company reiterates that it was, nearly two weeks ago, informed by the Nigerien government that it no longer has rights over the perimeter of the mining permit for its Madaouela project, which reverted back to the public domain.