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AngloGold aims 5km down to unlock ounces

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AngloGold Ashanti aims to use new technology to go 5km below the surface, saying it is on the edge of a major shift in the way people think about underground mining.

Secondary strike at Sibanye-Stillwater platinum mines may not be widely supported

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SIBANYE-Stillwater raised the possibility that support for a secondary strike at its platinum mines may not be well supported, but it also cautioned that...

Barrick to seek IPO of North American gold assets

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BARRICK Mining is to explore an IPO of its North American assets, the Toronto-based group announced on Monday. The listed subsidiary, majority controlled by Barrick...

Great Basin taps market for Burnstone funds

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Great Basin Gold has shored up its balance sheet again, raising R378m that is to protect the company against possible shocks at its Burnstone mine.

Banro re-opens Namoya after road damaged in clashes repaired

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A MODICUM of pressure has been taken off beleaguered Toronto-listed gold producer, Banro Corporation, which said that production at its Namoya mine would resume,...

Margin pressure grips SA gold mines as rand stands strong

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THE volatility goes on for South Africa’s gold stocks. After recording fresh 12-month highs mid-way through 2016, shares in the large counters such as...

Gold Fields’ Griffith expects direction of Yamana vote will be clear...

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GOLD Fields CEO, Chris Griffith said the company would have more visibility of how shareholders would vote on its proposed $6.7bn takeover of Yamana...

Acacia lifts gold reserves at flagship North Mara mine 13%

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ACACIA Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania,...

AngloGold, Gold Fields make ground on North American rivals

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OUTPUT declines at North America's three largest gold producers are allowing mining companies in other regions to close the gap in global production rankings,...

Perseus gives green light to finance plan for $264m Yaouré gold...

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PERSEUS Mining is to press ahead with a finance plan for its Yaouré gold project in Côte d’Ivoire, the capital cost of which has been...