Pan African revamps capital programme after Mintails shows 533,000 oz in...
PAN African Resources has overhauled its capital expenditure plans following positive concept study results into Mintails, a large gold tailings deposit situated west of...
Perseus nearing $80m debt deal for Sissingué
A debt finance package of up to $80m for the $106m Sissingué gold project in Côte d’Ivoire was imminent after "very, very good" discussions,...
Resolute confirms CEO held in Mali amid “unsubstantiated claims”
RESOLUTE Mining confirmed its CEO Terence Holohan, and two company employees, were detained by government officials in Mali on Friday.
"The executives were in Bamako...
Pan African uncovers near-term gold mine at historic Royal Sheba
AFTER months spent scouring Africa for new sources of gold production, Pan African may has discovered high grade growth ounces at its Royal Sheba prospect...
War inflation spells trouble for SA gold miners like Gold Fields
MARKET volatility caused by the US-Iran war hindered Gold Fields from buying back shares in terms of a $100m capital return programme unveiled in...
Gold Fields paid premium for Osisko to avoid ‘another Yamana’
GOLD Fields is one of the companies criticised for overpaying for assets following its C$2.16bn Osisko Mining takeover last month.
Concluded at a 55% premium,...
Harmony Gold dividend vulnerable – but what choice does SA’s buyer...
HARMONY Gold CEO Peter Steenkamp acknowledged being "spoiled" by transactions the company had undertaken since 2017: the $306m acquisition of Moab Khotsong and Mponeng,...
Gold reclaims safe haven status as COVID-19 leads to “massive currency...
GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...
Investors rethink gold as metal edges to $4,000
GOLD has surged nearly 50% this year to an unprecedented $3,930 per ounce, driven by a fundamental shift in how investors view the precious...
Barrick on track to meet 2020 production guidance after producing 1.16m...
BARRICK Gold said preliminary third quarter gold sales were slightly higher than the previous quarter, and exceeded production following the export of the remaining...