Metallon targets 150,000 oz for 2015
Zimbabwe's largest gold producer, Metallon Gold, said it would produce 150,000 oz of gold in 2015, a 50% increase on output it achieved last year.
Barrick beats expectations for second quarter profit
BARRICK Gold beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal, said...
Harmony Gold Q1 jumps three-fold
Harmony Gold has posted a more than three-fold increase in quarterly earnings, beating expectations on bullion's record run.
Van Kerrebroeck loses legal tussle
Ngwenda Gold founder Mashudu Nengwenda has confirmed his control of the company by winning his urgent application to remove Canadian Dennis van Kerrebroeck as the sole director of Ngwenda.
Bristow describes Randgold sell-off as ‘pathetic’ and ‘panicky’
RANDGOLD Resources CEO, Mark Bristow, does not mince his words and his reaction to the 7.5% drop in the Randgold share price on Monday,...
Gold Fields unveils R11.6bn Chile gold mine, but holds fire on...
GOLD Fields unveiled plans for the R11.6bn development of Salares Norte, a gold mining prospect in Chile that could produce as much as 450,000...
Gold Fields’ South Deep heads for prolonged strike after NUM rejects...
THE South Deep regional branch of the National Union of Mineworkers (NUM) declined to accept an improved retrenchment package offered by Gold Fields, raising...
Centamin delays Doropo findings as hopes rise for project capex reduction
CENTAMIN has delayed the publication of a prefeasibility study of its Doropo project in Côte d’Ivoire following an upgrade to its mineral resource and...
The NUM calls off the strike at Gold Fields South Deep...
Gold Fields shares rose nearly 6% to around R45 in trading on the JSE this morning following news that the month-long strike at its...
Gold price a fillip to company forecasts
South Africa's top three gold producers are expected to report strong earnings for the December quarter, boosted by higher output and a rise in the bullion price, a poll shows.