Inflation concerns sending investors back to gold as metal breaks downward...
INFLATION concerns were pushing investors back to precious metals, including gold which reached its highest level in three months, said Bloomberg News.
"It seems inflation...
Heaven-Sent’s Dong denies “gross misconduct” allegations, but leaves questions unanswered
THE CEO of Chinese-owned South African gold mining company Heaven-Sent has dismissed allegations made by whistleblowers of "gross misconduct", nepotism, and fraud levelled against...
Hundreds of East Modder mineworkers return to surface
SOME miners have emerged from the underground workings of Gold One's Modder East mine where more than 500 have been held underground since Sunday.
At...
Randgold pulls out of Obuasi JV with AngloGold
Randgold Resources has withdrawn from an agreement to mechanise Obuasi, the Ghana gold mine that saw owner AngloGold burn $300m a year.
AngloGold suspends production guidance at Ghana mine Obuasi as seeks cause...
ANGLOGOLD Ashanti has suspended production at its Obuasi mine in Ghana indefinitely as it seeks to find the cause of an underground accident last...
Randgold Resources builds towards another bumper dividend
AFTER pushing up its annual dividend 50% to $1 a share for the year to end-December 2016 Randgold Resources could be in a position...
Resolute interim CEO, Stuart Gale, “under no misconception” positive cash flow...
RESOLUTE Mining interim CEO, Stuart Gale, said there was "no misconception" among the company’s executives that the task was to return the company to...
AngloGold may produce up to 200k oz less gold following Covid-19...
ANGLOGOLD Ashanti reinstated production guidance for its 2020 financial year after nearly a six month hiatus, saying it would register between 3.03 to 3.1...
Sibanye-Stillwater buys up to 3% of own shares for R5bn
SIBANYE-Stillwater had bought up to 3% of its own shares for a total of R5bn, excluding costs, the company said today.
This was in terms...
Simmers secures forward gold sale agreement
Simmer & Jack Mines says it has raised $20m by way of a forward gold sale through Deutsche Bank AG.