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Resolute makes $1m in assistance available to Mali, Senegal in COVID-19...

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RESOLUTE Mining has committed $1m in financial support to its host governments aimed at tackling the effects of the COVID-19 pandemic. "Extraordinary events require an...

AngloGold Ashanti to speed up growth

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AngloGold Ashanti intends using the extra $600m it will earn in free cash flow annually through removing the gold hedge to speed up its growth projects, two of which are in South Africa.

Ivory Coast, Loulo hit Randgold output

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Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.

Harmony Gold’s Steenkamp forecasts full production “towards the middle of July”

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HARMONY Gold expected to be at full production "towards the middle of July", said the firm's CEO, Peter Steenkamp. This would mean it will have...

Minorities in U-turn on First Uranium deals

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The sale of gold producer First Uranium’s key assets is close to a done deal after a block of minority shareholders ran out of options in a battle to stop the transactions.

PIC writes to AngloGold requesting information after CEO returns $800,000 bonus

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SOUTH Africa's government-owned pension fund, the Public Investment Corporation (PIC), said it had written to AngloGold Ashanti asking for details on what action it...

Burkina Faso compels West African to give up more of Kiaka

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DESPITE West African Resources’ efforts to present an alternative proposal, the Burkina Faso government has proceeded to grab a bigger stake in the Kiaka...

Central banks key to stamping out global scourge of illicit gold

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ILLEGAL mining, especially in gold, is not unique to South Africa. Billions of dollars in illegally mined gold has been sold to traders in...

Zwane to be briefed by Sibanye on plight of 950 trapped...

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SOUTH African mines minister, Mosebenzi Zwane, will be briefed by Sibanye-Stillwater on Friday (February 2) after a lightning strike on Wednesday (January 31) left 950...