Barrick to pay Mali $430m as bows to mining code
BARRICK Mining has reached a 244bn CFA francs ($430m) settlement with Mali to resolve a two-year dispute that forced closure of the Loulo-Gounkoto gold...
Workers hurt at DRD’s Blyvoor, says NUM
The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.
Pan African FY earnings up by 106-116pct
Pan African Resources, says it expects its full year earnings per share to be between 106% and 116% higher than those for the previous corresponding period.
Gold up on seasonal China buying; Iran eyed
Gold is on course for a fifth straight session of gains as growing anxiety on Iran boosts its safe-haven appeal and rising seasonal demand in China buoys sentiment.
Pan African has so far missed the gold bonanza. Can it...
WHAT Eskom taketh away, the rand giveth back. That’s one way of looking at prospects for Pan African Resources, a midtier gold producer that...
Lower grades, coup knock Randgold’s output
Randgold Resources didn’t escape the knock-on effects of the recent military
coup in Mali, with production down almost a fifth at the group’s key assets in
the West African country and costs rising significantly as a consequence.
Endeavour Mining unveils $100m dividend taking total capital returns to $299m
ENDEAVOUR Mining produced 1.4 million ounces of gold in the 12 months ended December 31 at all-in sustaining costs (AISC) of $928 per oz.
The...
Barrick preparing to sell Tongon in Côte d’Ivoire as part of...
BARRICK Gold may add its Tongon mine in Côte d'Ivoire to the Massawa mine in Senegal that it is preparing to sell in terms of...
Gold may reach $1,400/oz: Investec
Gold may rise as high as $1 400 an ounce in 2010 as investors buy the metal as both a safe store of value and a haven from risk amid rising fears over sovereign debt, Investec says.
Sibanye’s Froneman sees logic of AngloGold’s Mponeng, but firm is not...
SIBANYE-Stillwater had "an open mind" about its gold business in South Africa saying that it would participate in evaluating the potential purchase of AngloGold...