Aussie gold miner doubles down in Burkina Faso
IT’S a busy time for Perth-based West African Resources which recently registered first production from Kiaka, a gold mine in Burkina Faso. This is...
Pan African calls time on rampant gold theft at Sheba mine
PAN African Resources said it had "had enough" of rampant gold theft and declining productivity at its Sheba mine in Mpumalanga which it is...
Resolute terminates Mako royalty ahead of refinancing syndicated loan facility
RESOLUTE Mining said the $12m termination of a royalty held over a small portion of production at its Mako Gold Mine in Senegal would...
Sibanye-Stillwater wins interdict against unions in bid to avoid repeat of...
EFFORTS to bring calm roughly 24 hours after an employee was killed in a protest at Sibanye-Stillwater's Beatrix mine in the Free State province...
Asante Gold unveils $470m balance sheet refresh
GHANA miner Asante Gold said on Wednesday it had concluded terms for a recapitalisation of its balance sheet in which it will raise $470m.
The...
RioZim mothballs mines as Zimbabwe’s foreign exchange crisis intensifies
ZIMBABWE gold producer, RioZim, has halted operations at three of its mines in the country after running out of foreign exchange to pay its suppliers...
Dividends at risk in gold sector belt-tightening
Gold companies may cut or pass dividends thereby ending any shred of satisfaction die-hard gold investors may have had in the equity markets.
Johannesburg’s born again miner Blyvoor Gold may seek listing
BLYVOOR Gold, the company that bought the 81-year old Blyvooruitzicht gold mine out of liquidation, is considering listing the company, its executive chairperson said.
"We...
Hummingbird to miss first quarter production target at Kouroussa
SHARES in Hummingbird Resources hit their lowest ever level after the UK-listed company announced it had delayed commercial production from Kouroussa, a gold mine...
The catch and pass strategy of Resolute Mining’s John Welborn
John Welborn is a former Wallaby rugby player and played for the Sharks in South Africa, so sporting allusions tend to run deep.
For him,...