Gold One ‘won’t pay more’ for Ezulwini
Gold One International CEO Neal Froneman says the company won’t offer more for Ezulwini than the $70m already on the table, adding the asset is unlikely to be viable as a stand-alone entity.
AngloGold takes Obuasi social crisis to US arbitration
ANGLOGOLD Ashanti has sought international arbitration in order to save operations at Obuasi following a deterioration in security at the mine, situated in Ghana.
In...
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...
Pan African Resources dips as CEO exits
Jan Nelson, chief executive officer for small-cap gold miner Pan African Resources Plc, has quit.
Newmont unveils new CEO as Palmer set to retire
TOM Palmer will retire from Newmont by December after more than a decade with the world's largest gold producer, the company said on Monday,...
Harmony Gold on track to beat production forecast for 2025
HARMONY Gold said on Monday it was on course to produce more gold than forecast for its 2025 financial year ended June 30.
For the...
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...
Ramaphosa tells NUM mineworkers should not be “the losers” of a...
MINEWORKERS should not end up as the losers of strike action, said Cyril Ramaphosa, South African president and a founder of the National Union...
Sibanye-Stillwater fires broadside at AMCU’s Mathunjwa as more striking miners die
IN the latest broadside fired in the violent, two-week-long strike over wage increases, Sibanye-Stillwater’s executive head of human resources, Themba Nkosi, posted an open...
Harmony Gold to spend R7.9bn extending Mponeng to 2044
HARMONY Gold on Wednesday announced the R7.9bn extension of Mponeng which will keep the mine, located west of Johannesburg, operating until at least 2044.
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