Great Basin Gold slides on poor delivery
Production problems at the Burnstone gold mine near Balfour have knocked the share price of parent Great Basin Gold, which has restructured its debt facilities to cope.
Randgold’s Bristow makes Africa pledge
Randgold Resources has no plans to change its Africa-focused business model and is not tempted by the lure of South American deposits, says its CEO.
Barrick overhauls management amid break-up rumours
BARRICK Mining is implementing a management overhaul and restructuring its regional operations as activist investor Elliott Investment Management acquires a significant stake in the...
Côte d’Ivoire mine grinds into action promising cash for debt-laden Endeavour
THE second half of Endeavour Mining's 2019 financial year would be given over to cash generation in order to test the investment mettle of...
Ghana finally acts against illegals at AngloGold’s Obuasi mine
Order is finally being restored at AngloGold Ashanti’s Obuasi mine in Ghana after up to 12,000 illegal miners invaded the operation in January this...
Congo looking for buyers of artisanal gold
THE Democratic Republic of Congo is looking for new buyers of artisanally mined gold from its eastern territories after taking full control of Primera...
DRDGold pays dividend as recovery awaited
DRDGold looked past its recent flotation fine grind commissioning woes paying "a small dividend" and saying it was making progress in solving the R600m project.
Zambia state miner formalises artisanal gold venture
ZAMBIA'S state-controlled mining investment firm has formed a joint venture to bring order to the artisanal gold trade in the country's North-Western Province, said...
Gold slides 3.5% as investors cash in gains
Gold has surrendered gains to fall 3.5%, as above-consensus US economic data lift stock markets.
De Montessus says Teranga deal ends M&A push, dismisses risk of...
FOLLOWING an incident-filled 12 months, which Endeavour Mining looks set to end scoring two out of three proposed takeover deals, CEO Sébastien De Montessus,...