Centamin falls to two-year low as Sukari’s Q2 numbers underwhelm
SHARES in Centamin, the UK-listed gold producer operating the Sukari gold mine in Egypt, were under pressure in London today, falling just over 6.5%...
Sibanye may shut Cooke 4 as losses put complex at risk
SIBANYE Gold has raised the prospect of closing its Cooke 4 mine and Ezulwini gold and uranium processing plant, west of Johannesburg, which was...
Aurous “advances discussions” for $50m ahead of gold merger
AUROUS Gold said it had raised $7.5m as part of its proposed merger with New York listed blank cheque company Rigel Resources Acquisition Corp.
"Aurous...
Acacia interim CEO remains tight-lipped on Tanzanian situation
Acacia Mining interim CEO Peter Geleta gave nothing away in his review of the March quarter on the two burning issues shareholders most want...
AngloGold claims ‘intense competition’ for mines
AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.
Order resumes at Golden Star’s Prestea mine in Ghana after local...
ORDER had been resumed at Golden Star Resources' Prestea mine in Ghana following "a security incident" this week, the company said.
"I can confirm that...
Billions of dollars in gold smuggled from Africa via UAE –...
GOLD worth billions of dollars is smuggled out of Africa annually through the United Arab Emirates (UAE), according to a Reuters report which quoted...
Harmony Gold unveils $2.6bn Golpu giant
Harmony said the first stage of its Golpu project would produce 500,000 gold equivalent ounces at peak production and cost $2.5bn to build on an 100% basis.
Golden Star hoping for Prestea turnaround after cutting staff numbers in...
GOLDEN Star anticipated an improved performance from its Prestea mine in Ghana during 2018 after cutting the mine's workforce in the fourth quarter.
Production from...
Gold miners return to net hedging
A new report shows gold miners have turned to net hedging for the first time since 2005, but it was mostly due to project financing and there was little appetite for "strategic" hedging.