Saturday, November 18, 2017

ACACIA Mining acknowledged a statement from 64.9% shareholder, Barrick Gold, on October 25 that a proposal for a new relationship with the Tanzanian government...

Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.

Junior miner Wits Gold says its strategy to become a profitable mid-tier gold producer remains unchanged, despite the breakup of its proposed venture with Pan African Resources.

Sibanye Gold has fared well in the first quarter since listing. The stock has held up despite high liquidity and it has generated enough cash to pay R570m off its debt.

Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.

THE Labour Court (Johannesburg) has delivered a potentially important judgement in favour of mining companies seeking less drastic application of the Mine Health and...

China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.

South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.

Newcrest Mining says it will resume gold production at its Bonikro mine in the Ivory Coast.

Simmer & Jack Mines says it has raised $20m by way of a forward gold sale through Deutsche Bank AG.