Gold One gets go-ahead for deals
Gold One International has received approval from SA's competition authorities to go ahead with its two significant transactions.
Aurora confirms illegal miner deaths
Aurora Empowerment Systems claims illegal mining has cost the company at least R80m worth of damages at its East Rand operations. Four illegal miners perished at its Grootvlei mine.
AngloGold’s Dushnisky says resignation driven by family ties amid PIC pressure...
ANGLOGOLD Ashanti CEO, Kelvin Dushnisky said he resigned from the R234bn gold firm because he would be too long away from his family.
"It was...
Endeavour announces deal to sell Agbaou in Côte d’Ivoire for up...
ENDEAVOUR Mining has agreed to sell its Agbaou mine in Côte d'Ivoire to Allied Gold, a privately-held firm that bought Sadiola mine in Mali...
Asante Gold unveils $470m balance sheet refresh
GHANA miner Asante Gold said on Wednesday it had concluded terms for a recapitalisation of its balance sheet in which it will raise $470m.
The...
Sibanye-Stillwater targets R3bn savings in back to basics strategy
SIBANYE-Stillwater has targeted R3bn in cost savings over the next two years as part of newly launched strategy focusing on simplification and organic growth.
"Spoiler...
Resolute Mining CEO quits job in wake of Mali ordeal
TERRY Holohan, CEO of Resolute Mining, announced he will leave the company just two months after being released from detainment by the Mali government.
The...
AngloGold upgrades payout policy to 50% of free cash flow
ANGLOGOLD Ashanti has capped a strong year of share price gains unveiling today an upgraded dividend policy in which it would pay 50% of...
Shanta to average over 100,000 oz/year after commissioning second mine, Singida
SHANTA Gold has forecast average annual gold production of 103,000 ounces over the next five years with potential for expansion from its recently commissioned...
Panaf weighs rights issue to finance part of R1.7bn Elikhulu
PAN African Resources CEO, Cobus Loots, would consider a rights offer to fund at least part of the balance of its R1.74bn Elikhulu project...