Holland: “We’re not making that much money’
THE gold industry is starting to recognise that investment cannot be sustained while
returns remain low, says Gold Fields CEO Nick Holland.
Grades, tremors add to Blyvoor’s woes
A striking workforce is not the only challenge Village Main Reef faces at its recently
acquired Blyvoor mine.
La Mancha sells 3.5% in West African gold miner Endeavour
LA Mancha Resource Capital, a private investment firm, has sold a 3.5% stake in West African gold miner Endeavour Mining for about $437m.
The fund...
AngloGold project Quebradona has permit ‘archived’ by Colombian authorities
ANGLOGOLD Ashanti said Colombia authorities had 'archived' an environmental permit application for its proposed Quebradona copper and gold project.
While the gold producer is entitled...
Gold exports from Tanzania rise 42% in year to November on...
HIGHER pricing and an increase in volumes saw Tanzania's earnings from gold exports rise 42% in the year to November, said Reuters.
Citing the east...
Acacia sees proposal ending Tanzania dispute this quarter as “pressure points”...
ACACIA Mining said it was hopeful of receiving a proposal potentially ending a two-year ban on gold-in-concentrate exports from Tanzania this quarter as President...
Accept it’s hard to mine here, or move on – DRDGold’s...
DRDGOLD CEO, Niël Pretorius, has urged South African mining companies to either accept the unique challenges of operating in South Africa, or sell up...
Acacia unveils blueprint for cash in teeth of Tanzania crisis
ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a...
Treating acid mine drainage will cost R8 billion
It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.
$484m Bilboes to restore Zimbabwe as “gold destination”
CALDEONIA Mining on Tuesday approved construction of the 200,000 ounce per year Bilboes gold mine – a $484m project the company said would help...