Sibanye-Stillwater bids to save 330,000 oz/y in lossmaking gold
SIBANYE-Stillwater is considering implementing central services for its South African mines that will help save half of approximately 330,000 ounces in gold production currently...
Centamin pays out 100% of 2017 cash flow for bumper dividend
EGYPTIAN gold mining firm, Centamin, delivered the ultimate reward to shareholders paying out its entire cash flow generated in 2017 via a final dividend...
SA gold industry sustainability imperilled by Eskom rate hike
THE sustainability of South Africa’s gold mining sector, and job creation in the sector, may be compromised following a decision by the National Energy...
Sibanye-Stillwater extends US recycling with $82m Metallix deal
SIBANYE-Stillwater announced on Monday it agreed to buy US-based precious metals recycling business Metallix Refining for $82m (R1.5bn) in cash.
Metallix Refining, a profitable company...
Randgold back in black as debt blitzed
Randgold Resources generated enough cash in the third quarter to pay its RCF and said it was on target to produce a maiden one million ounces in gold this year.
Acacia asked to shut ‘leaky’ North Mara tailings dam as Tanzania...
THE Government of Tanzania (GoT) upped the ante on Acacia Resources, the UK-listed gold miner with which it is locked in a two-year, $190bn tax...
Gold Fields sees smooth pathway for Windfall project
APART from having to manage and co-exist with caribou on the Windfall property in Quebec, Gold Fields does not anticipate encountering the same environmental...
Mali court places Barrick gold complex under administration
BARRICK Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a...
Resolute greenlights $516m Côte d’Ivoire gold mine
RESOLUTE Mining has given the final thumbs up for its $516m Doropo project in Côte d'Ivoire, scoped in a recent feasility study to produce...
West African Resources lifts 10-year gold output forecast
WEST African Resources increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in...