Tarkwa “strongly supported” by Ghanaian government: Gold Fields
THE Ghanaian government’s intervention in Gold Fields’ Damang mine this month has again raised questions about whether it is pressuring for greater ownership in...
First Uranium ‘to pay’ Simmers debt
The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.
NUM asks Mantashe to make good on Sibanye-Stillwater mining licence threat
THE National Union of Mineworkers (NUM) wants the South Africa's mines minister to make good on his threat to withdraw the mining licences of...
Hummingbird appoints other mining contractors at the Kouroussa mine as dispute...
Hummingbird Resources has started using other contractors to run mining operations at the Kouroussa gold mine in Guinea as it continues to negotiate with...
What Sibanye-Stillwater’s bond says about its prospects
SHARES in Sibanye-Stillwater were hammered yesterday as investors took short positions while others bailed on the stock.
This was after the precious metals miner announced...
West African Resources draws down on first $100m Kiaka loan
WEST African Resources said it had drawn the first tranche of a $265m loan secured from investors for its Kiaka Gold project in Burkina...
Gold Fields forced to vacate the Damang gold mine by the...
The Ghanaian government has refused to extend Gold Fields’ mining lease for the Damang gold mine and is insisting the group cease operations by...
Pan African lifts gold forecast for 2024 after slump for year...
PAN African Resources achieved its adjusted gold production forecast for the 12 months ended June and said output for the current financial year would...
West African Resources repays $25m loan early, targets deleveraging in 2021
AUSTRALIAN-listed gold miner, West African Resources, said it had paid a $25m loan early to investor Taurus Funds Management reducing its overall debt facility...
Aurora’s Grootvlei to get capital injection
Liquidator Enver Motala confirmed Aurora Empowerment Systems had received a sum of money to pay salaries at its mines and other basic services, but declined to divulge the actual amount.