BEE deal opens door for Galaxy Gold listing
Galaxy Gold has cleared a major obstacle which prevented it from listing on the JSE last year, announcing two empowerment transactions.
Randgold sees steady output from Ivory Coast
Randgold Resources's Tongon mine in Ivory Coast is set to hit a target of 272,000 ounces gold output this year and maintain that level into 2020, says CEO Mark Bristow.
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
Holland calls time on labour-intensive mining
Nick Holland, CEO of Gold Fields, said mining companies in South African had to transform to mechanised mining methods in less than ten years.
AngloGold “steady as she goes’
IT'S a difficult time to be a gold company CEO; yet AngloGold Ashanti’s Mark
Cutifani cannot be accused of overpaying for assets or running behind time with
project delivery.
AngloGold to revamp BEE deal
AngloGold Ashanti says it will restructure its black empowerment deal to ensure its employees benefit.
Caledonia may tap equity markets for $403m Bilboes project
CALEDONIA Mining, the Zimbabwean gold miner, could equity finance up to $100m of its $403m Bilboes project which is forecast to produce 1.5 million...
Famous Harmony leverage comes to the rescue amid underwhelming interim gold...
HARMONY Gold adjusted full-year production guidance down to 1.4 million ounces following a disappointing first half performance, principally at its Kusasalethu mine, but the...
Perseus to extend footprint to Sudan in A$230m purchase of Toronto’s...
PERSEUS Mining today unveiled plans to dramatically expand its operational footprint with the A$230m purchase of shares in Orca Mining, a Toronto-listed gold exploration...
AngloGold to comply with DMR directive on empowerment share deal
ANGLOGOLD Ashanti is to amend mining rights following two empowerment transactions that may have contravened black economic empowerment rules, said Bloomberg News.
The alleged contravention...