AngloGold picks Venkat as restructure beckons
Srinivasan Venkatakrishnan has been appointed CEO of AngloGold Ashanti amid
huge pressure on company margins that analysts say will inevitably lead to a group
restructure.
Gold miners flock to Ghana which takes mantle as Africa’s largest...
GHANA is forecast to consolidate its position as Africa's largest gold producer taking a mantle longed possessed by South Africa, said Bloomberg News.
The proposed...
Perseus posts healthy interim taxed profit, lifts cash while gold challenges...
PERSEUS Mining reported A$126.9m in interim taxed profits today taking net cash to A$222.7m (US$161.8m) as it continued to increase gold output which is...
Caledonia’s Curtis expects 2020 to be “landmark year” as firm posts...
CALEDONIA Mining expected 2020 to be "a landmark" year for the Zimbabwean gold producer after reporting higher than guided production of 55,182 ounces in...
Perseus returns staff to Sudan but defers investment decision “for forseeable...
PERSEUS Mining has deferred an investment decision on its Meyas Sand Gold Project in Sudan following the outbreak of hostilities in the North African...
Harmony’s Masimong mine to reopen today
Harmony Gold says its Masimong mine will reopen on Wednesday after it was shut last Thursday when a worker was killed in a locomotive accident.
Pan African says one year wage deal with NUM due to...
PAN African Resources agreed an 8% wage increase with the National Union of Mineworkers (NUM) for employees at its Barberton Mines, but it will...
Barrick surges on game-changer gold discovery
BARRICK Mining Corporation has witnessed its most dramatic share price surge in five years following revelations about a potentially transformative gold discovery in Nevada.
The...
Gold Fields’s vastly improved quarter eases pressure on Fraser
GOLD Fields turned in a vastly improved production report for its third quarter registerting strong recoveries at all its assets, especially at South Deep...
Inter-ministerial, union meetings set to continue in bid to end gold...
MEETINGS between the ministers of police, labour and mineral resources with labour unions regarding violence related to a strike in west Johannesburg’s Carletonville were set...