Barrick gives green light to IPO of North American mines
BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...
West African Resources draws down on first $100m Kiaka loan
WEST African Resources said it had drawn the first tranche of a $265m loan secured from investors for its Kiaka Gold project in Burkina...
SA gold sector in deep decline despite record prices says Minerals...
THE record high gold price has not been able to stop the “deep structural decline” of South Africa’s gold sector according to Minerals Council...
Asanko Gold to begin repaying loans after shores up balance sheet
ASANKO Gold said its operating subsidiary Asanko Gold Mines (AGM) would repay inter-company loans that existed between its joint venture partners following the strengthening...
Harmony to cancel UK listing
Harmony Gold Mining, SA's third largest gold producer, has said it was streamlining its listings by cancelling the listing of its shares in the UK.
Harmony to douse Kusasalethu cash burn
Harmony Gold is to cut production its cash haemorraghing west Rand mine, Kusasalethu as restructuring intensifies in the South African gold industry.
Endeavour raises prospect of doubling payout in 2026
ENDEAVOUR Mining said it could pay additional dividends and buy back shares potentially doubling its targeted minimum annual payout of $1bn for 2026.
Shareholder returns...
Golden Star emerges from “transformational year” with focus on extending Wassa
GOLDEN Star reported adjusted net income attributable to shareholders of $44.6m for the 12 months ended December from $17.5m in the previous year owing...
Sibanye-Stillwater pulls AMCU “back to work offer”, union reportedly turns to...
Sibanye-Stillwater has terminated a back to work proposal it had offered to the Association of Mineworkers and Construction Union (AMCU) to end a strike...
Acacia initiates arbitration with Tanzania as fallout continues
ACACIA Mining has initiated arbitration proceedings with the Tanzanian government but added that it welcomed a separate line of talks between the state and...