AngloGold bets on H2 after tropical storm lashes Australian mines
ANGLOGOLD Ashanti increased first quarter gold production despite heavy rains that pummelled its Australian operations. Tropicana – a mine northeast of Kalgoorlie in Western...
DRDGold to become defensive with cash
Having shelled out R58m buying its own shares in two separate tranches,
DRDGold will enter a period of conservatism while it oversees the completion of
its Ergo consolidation project.
Harmony to tap shareholders for R1.4bn to seal Moab deal
HARMONY Gold confirmed it would tap shareholders for $100m (R1.4bn) in order to part pay for the $300m purchase of the Moab Khotsong mine...
Endeavour Mining calls off merger talks with Acacia
ENDEAVOUR Mining has called off its planned merger with Acacia Mining providing little details, but saying it could not derive "adequate value" from initial...
Attacks on gold miners by organised gangs descended to level of...
AN INCREASE in violent robberies of gold plants owned by South African miners had descended anarchy, said Neal Froneman, CEO of Sibanye-Stillwater.
According to an article...
Gold bulls warned to rein-in horns
Gold gained about 60% - less in rand gold terms as the South African currency firmed - but bulls were warned that the Fed's QE tapering threat could return, and soon.
Barrick, AngloGold bid final adieu to Morila the gorilla as Mali...
BARRICK Gold and AngloGold Ashanti have completed the sale of their combined 80% stake in Morila, a gold mine in Mali, for £28.8m -...
Barrick’s Bristow held ‘theoretical’ talks on potential tie-up with Freeport-McMoRan
BARRICK Gold had held "theoretical" talks with US copper and gold miner, Freeport-McMoRan, about a tie-up between the two, said the Financial Times.
In an...
Randgold Resources ready to pounce
Randgold Resources sees an opportunity to make hay from the woes of distressed
exploration juniors in West Africa, saying the current dynamics of the industry may
produce some targets.
AngloGold describes Obuasi invasion as “surreal”
THE situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana - which has been invaded by thousands of illegal miners - has stunned management...