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DRDGold pays dividend as recovery awaited

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DRDGold looked past its recent flotation fine grind commissioning woes paying "a small dividend" and saying it was making progress in solving the R600m project.

Endeavour takes shares in Ity to 85% after share deal with...

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ENDEAVOUR Mining has increased its stake in its Ity gold mine in Cote d'Ivoire to 85% from 80% after buying shares in the operation by...

Harmony throws down the gauntlet on pay

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Harmony CEO Graham Briggs has drawn a line in the sand ahead of the upcoming gold pay negotiations warning of possible massive retrenchments

B2Gold distances itself from links to $200m investment in Zimbabwe’s Shamva

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B2GOLD CEO, Clive Johnson, took the unusual step of issuing a statement emphasising the company was not interested in merger and acquisition activity. "In response...

Acacia “strongly disagrees” with Barrick due diligence as dispute nears meltdown...

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ACACIA Mining took exception to statements issued by Barrick Gold on Tuesday, and questioned their timing on the day that the UK's takeover authorities...

Blyvoor Gold announces plans to list on Nasdaq

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PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...

Randgold maintains production outlook

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Randgold Resources CEO Mark Bristow reckons the group's gold production will remain with 5% of his original forecast for 2010 despite the problems at the Loulo mine in Mali.

Fekola to trigger leap in 2018 cash flow, says bullish B2Gold

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B2GOLD forecast average cash flow from operations over the next three years from 2018 of $500m largely owing to Fekola, the Mali gold mining...

Barrick inks 50/50 deal with Tanzania, pays $300m in goodwill

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BARRICK Gold has agreed to share equally the "economic benefits" generated by the mines of its 63.9%-held listed subsidiary, Acacia Mining, with the Tanzanian...

Pan African detains 4,000 illegal miners annually

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PAN African Resources has arrested about 4,000 illegal miners at its Mpumalanga underground operations in South Africa over the past year. This was after...