Shareholders give green light to Endeavour Mining merger with SEMAFO
SHAREHOLDERS voted "overwhelmingly" in favour of Endeavour Mining's proposed merger of SEMAFO, its Canadian counterpart establishing the combined entity's position as the largest single...
Margin pressure grips SA gold mines as rand stands strong
THE volatility goes on for South Africa’s gold stocks.
After recording fresh 12-month highs mid-way through 2016, shares in the large counters such as...
AngloGold Ashanti to eliminate hedge book
AngloGold Ashanti is to raise around $1.5bn through the issue of shares and convertible bonds and will use the proceeds to knock down its remaining gold hedge book.
‘Real likelihood” Gold Fields shareholders will approve Yamana takeover, says Griffith
GOLD Fields CEO, Chris Griffith sounded a confident note telling analysts at the firm's interim results presentation on Thursday there was "a real likelihood"...
Caledonia to extend Blanket to 750m depth
Zimbabwean gold producer Caledonia Mining Corporation will dig for gold at a depth of 750 metres as part of the operation's expansion strategy.
Gold price forecasts rise
Analysts have boosted gold price forecasts for this year and next due to persistent concerns over the euro zone debt crisis and the US recovery and debt.
Another shocker for Gold Fields from troubled South Deep
Just two months after Gold Fields unveiled the rebased mining plan and latest turnaround strategy for its South Deep mine, the “serial underperformer” has...
Gold Fields in Phillippines venture
Gold Fields may pay up to $340m for control of a gold/copper deposit in the Phillippines in an effort to source one million ounces of gold a year from the Australasia region.
Gold could surge to $5,000/oz, says bank
GOLD prices might soar to nearly $5,000 per ounce if US president Donald Trump's assault on Federal Reserve independence undermines America's central bank, according...
Froneman turns down dial on uranium as Sibanye focuses on $1.05bn...
SIBANYE-Stillwater has shelved plans to develop its uranium assets as the role of the fuel in future energy systems would not be as significant...