Gold Fields unbundles SA mines, creates Sibanye
Gold Fields is to unbundle its South African mines creating a 1.4 million oz/year producer listed on the JSE and led by former staffer, Neal Froneman.
Aurora granted more time to secure funds
Aurora Empowerment Systems has been given until the end of February to produce funding guarantees to buy assets of the financially stricken Pamodzi Gold.
Endeavour Mining Corp. confirms merger discussions with C$2.2bn Teranga Mining
ENDEAVOUR Mining Corporation said it was in 'merger of equals' discussions with the 375,000 to 400,000 ounce a year gold producer, Teranga Mining Corporation.
"These...
Gold eyes $3,700/oz as more investors join anxiety bandwagon
AFTER a Northern hemisphere summer reverie, gold is expected to resume its bull run with the metal's price forecast to test $3,700 per ounce.
"We...
Sudan doubles gold output in 2021 after clamp down on gold...
A CLAMP down on gold smuggling helped Sudan double gold output in the first half of 2021, said Bloomberg News citing a Sudanese Mineral Resources...
Healthy DRDGold quarterly performance sets up interim dividend
DRDGold dropped costs and increased both its gold production and profit margins in the September quarter setting the dump retreatment operation up to declare...
Looking past COVID-19 disruption, the party is just getting started for...
ONE of the redemptive features the last major global economic crisis bequeathed the mining sector - probably dating as far back as 2009 -...
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...
Gold: “Well south of $1,000’
Thomson Reuters GFMS metals consultancy’s Paul Walker has tempered his
firm’s optimism about the shorter-term prospects of gold with a stark warning.
Gold Fields well capitalised to survive COVID-19 lockdowns, says CEO Holland
GOLD Fields' mines were largely unaffected by COVID-19 related stoppages, but the group was sufficiently capitalised to withstand prolonged downtimes should they materialise in...