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Goldberg kicks back at Barrick hostile approach saying Canadians are taking...

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GARY Goldberg, CEO of Newmont Mining, described a bid by Barrick for control of his company has bizarre and suggested it might be too...

Simmers settles R100m of RMB loan

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Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to Rand Merchant Bank as part of the R220m bridge loan.

SA miners in white knuckle ride as Cyril Spring fires-up rand

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IT'S hard for South African miners to catch a break. Having spent years being penalised for the anti-investment administration of former president, Jacob Zuma, they...

Harmony overhauls Golpu project

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Harmony intends developing the Golpu mine in Papua New Guinea as a smaller, higher-grade operation which will deliver higher profit margins.

Glencore to buy control of copper/gold MARA project for $475m in...

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GLENCORE is to buy 100% of the MARA Project, a copper and gold brownfields prospect in Argentina. South Africa's Gold Fields bid for the...

Gold Fields says Yamana bid “strategically superior” following rival $4.8bn offer

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GOLD Fields said a counter-bid for Yamana registered today by Pan American Silver Corporation and Agnico Eagle Mines underpins the value of its own...

Gold set to extend gains, peak in 2011

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Gold's record-breaking climb should continue for at least six months, corresponding to the planned duration of the USA's monetary stimulus, according to an analyst poll.

Resolute Mining makes short work of balance sheet halving total debt...

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RESOLUTE Mining made short work of reducing balance sheet stress this year after putting in steps to cut total debt about $200m to $194m. The...

Platinum, gold CEOs say it’s time to bring curtain down on...

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THE era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close...

Aurora granted more time to secure funds

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Aurora Empowerment Systems has been given until the end of February to produce funding guarantees to buy assets of the financially stricken Pamodzi Gold.