Great Basin Gold to shut Burnstone, seeks $40m
The chances of recovering fair value for assets in Great Basin Gold took a turn for
the worse as the company announced it was forced to shut its key South African
mine.
The NUM calls off the strike at Gold Fields South Deep...
Gold Fields shares rose nearly 6% to around R45 in trading on the JSE this morning following news that the month-long strike at its...
Centamin targets up to 9% increase in Sukari’s 2023 gold production
CENTAMIN forecast gold production for its 2023 financial year of between 450,000 to 480,000 ounces which, at the higher end of guidance, would represent...
Return of resource nationalism to blame for declining rates of exploration...
EXPLORATION expenditure in Africa had dropped off sharply in recent years because of a growing number of barriers to new investment of which the...
Centamin targets mid point of 2021 gold production guidance
CENTAMIN had targeted full year production of about 415,000 ounces of gold, the mid-point of its 400,000 to 430,000 oz guidance for the 12...
Gold Fields puts Salares Norte permit delay down to procedure
GOLD Fields confirmed it had received a request from authorities in Chile for further information regarding an application for an environmental authorisation permit for its...
Sibanye-Stillwater targets R3bn savings in back to basics strategy
SIBANYE-Stillwater has targeted R3bn in cost savings over the next two years as part of newly launched strategy focusing on simplification and organic growth.
"Spoiler...
Gold surges towards $2,000/oz taking JSE’s gold shares up 5% in...
JOHANNESBURG'S gold index surged over 5% in the first two hours of trade as the dollar gold price moved through $1,900/oz towards $2,000/oz as...
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
Gold target in reach for Harmony despite seasonal failings
THE 'customary' slow start to the calendar year was behind a 7% quarter-on-quarter drop in production at Harmony Gold, but the firm said its...