Barrick-Newmont ‘hostilities’ off the radar for two years – Bristow
MARK Bristow, CEO of Barrick Gold, said there would be no further hostilities between his company and Newmont Mining for another two years in...
AngloGold expects Obuasi output lift
AngloGold Ashanti expected its Obuasi mine in Ghana to produce about 400,000 ounces a year from 2012, a 14% uplift.
Re-elected AMCU president Joseph Mathunjwa declares himself “good”, not “great”
JOSEPH Mathunjwa was re-elected president of the Association of Mineworkers & Construction Union (AMCU) at the weekend following the union's first elective conference, which...
Anglogold to invest $250m a year in Brazil
Anglogold Ashanti will invest $250m each year through 2016 to raise its Brazilian output of the precious metal by two thirds, its chief executive said on Wednesday.
AngloGold, Gold Fields pause Ghana JV as gold soars
ANGLOGOLD Ashanti and Gold Fields have suspended plans to form a joint venture between their Ghana mines Iduapriem and Tarkwa.
The Johannesburg-listed companies said on...
AngloGold dividend muted amid $1.9bn outlay
At the risk of disappointing investors, AngloGold's Mark Cutifani kept to his promise
of a 13 US cents and supported the decision with a $1.9bn, 500,000 oz/year
production expansion strategy.
New SA fund targets acquisitions of ‘non-core’ gold mines
BOKAMOSO Gold, a new private equity fund fronted by Billy Mawasha, former head of AngloGold Ashanti’s South African operations, is hoping to buy non-core...
Large gold producers in Zimbabwe permitted by central bank to export...
LARGE-scale gold producers in Zimbabwe will be allowed to directly export a portion of their production as the country's central bank eases gold trading,...
Acacia lifts gold reserves at flagship North Mara mine 13%
ACACIA Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania,...
Jihadists attack Mali gold mine and seize workers
SUSPECTED jihadists launched an assault on Mali's Morila gold mine over the weekend, destroying equipment and temporarily seizing seven employees before their release, said...