RioZim chases $10m for gold mine restart
RioZim, an associate of Rio Tinto, is seeking $10m in a rights offer to pay for the reopening of its Cam and Motor gold mining project in Zimbabwe.
Randgold’s Bristow warns DRC on code changes
The Democratic Republic of Congo risks damaging returns from its fledgling mining
industry - as does the rest of Africa - if regulatory uncertainty becomes the norm.
Harmony forecasts gold production of no more than 700kg during 21-day...
HARMONY Gold forecast gold production of no more than 700kg (24,700 ounces) during the period of the 21-day lockdown ordered by South African president...
Harmony Gold reports five fatalities at SA mines
HARMONY Gold on Wednesday said five employees had been killed in two separate incidents at its South African mines.
At Doornkop mine west of Johannesburg...
Avesoro keeps 2019 gold production guidance unchanged despite Q1 wobble
AVESORO Resources, a Toronto- and London-listed gold junior miner, maintained 2019 production guidance at between 210,000 and 230,000 ounces despite slightly under-performing during the...
Pan African cuts payout after year of production headaches
PAN African Resources (Pan African) cut the final dividend 62% to R185m following a difficult operational year characterised by hindrances and vexations which resulted...
AngloGold Ashanti sells out of the Sadiola mine in Mali
AngloGold Ashanti has sold its 41% stake in the Sadiola gold mine in Mali for $52.5m in cash in conjunction with partner Iamgold Corporation...
Barrick Gold to unveil merger with Randgold Resources, say sources
BARRICK Gold Corporation is to unveil a proposal aimed at merging some of its gold mining operations with those of UK-listed Randgold Resources, according...
No quiet exit for First Uranium
The chances of First Uranium being afforded a dignified death seem slim as
disgruntled shareholders are organising a rebellion against the disposal of key
assets.
AngloGold enters new profitability era
AngloGold Ashanti stands on the brink of an earnings explosion as it enters a new financial year free from the restraints of a gold hedge, analysts say.