AngloGold may save Kopanang after signing sale memorandum
ANGLOGOLD Ashanti may save its loss-making Kopanang, a gold mine west of Johannesburg, from closure after signing a memorandum of understanding (MoU) with an...
China’s Zijin to buy Akyem for $1bn
CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing...
Barrick to relaunch Pakistan’s Reko Diq project as firm scans the...
BARRICK Gold has agreed with Pakistan and Balochistan, a province of the South Asian country to relaunch the Reko Diq copper-gold project - a...
Executive payouts criticised by gold investors as metal price hastens M&A...
COMPENSATION packages that pay gold mining executives large bonuses in the event of merger and acquisition activity have been criticised by investors who intend to...
Pan African detains 4,000 illegal miners annually
PAN African Resources has arrested about 4,000 illegal miners at its Mpumalanga underground operations in South Africa over the past year. This was after...
Hummingbird expects cost pressures as COVID-19 reverberates through gold sector
HUMMINGBIRD Resources said it was on track to be net cash by the second half of its current financial year, but it also expected...
Perseus Mining confirms second employee dies
PERSEUS Mining confirmed on Monday that a second employee of a contractor firm passed away in a hospital, days after an accident near the...
SA gold firms may re-rate as Rand assists
Gold shares were currently receiving a basket price in line with the gold boom in 2011 which could lead to some surprise fourth quarter figures.
Shanta’s Zurrin says 2023 is the year of “serious growth” for...
SHANTA Gold missed annual gold production guidance by 4% in the 12 months ended December, but CEO Eric Zurrin said in a fourth quarter...
Bombs planted at Harmony mine
Harmony Gold has found bombs in the ventilation system of its Phakisa mine after an explosion killed four people last week.