Barrick’s Tanzania nightmare takes fresh turn as Govt slaps subsidiary employee...
AN undertaking by Mark Bristow, CEO of Randgold Resources, to resolve the 19-month dispute between Acacia Mining, the subsidiary of Barrick Gold with which his...
Acacia lifts dividend as 780,000 oz output hopes buoyed
ACACIA Mining said it could exceed forecast gold production for 2016 of some 780,000 ounces following a strong showing in the first half of...
Aurous “advances discussions” for $50m ahead of gold merger
AUROUS Gold said it had raised $7.5m as part of its proposed merger with New York listed blank cheque company Rigel Resources Acquisition Corp.
"Aurous...
Buffelsfontein continues to dog Village Main
Buffelsfontein continues to give mining junior Village Main Reef a hard time,
and was the main contributor to the company missing output guidance for a
third consecutive quarter.
Endeavour closes sale of non-core Ghana mine, Nzema
ENDEAVOUR Mining said it had closed the sale of its 90% interest in the Ghana mine, Nzema, a transaction first announced in August. The...
Resolute extends hedge to half of 2019 production as gold scales...
RESOLUTE Mining today extended its hedging program after it sold 30,000 ounces of gold for delivery between January and June next year at $1,519/oz.
The...
Gold, platinum firms brandish axe
South Africa's gold and platinum firms forced to cut production or sell assets with perhaps more restructuring to come in 2015.
Pan African concludes R50m share buy-back, commissions R150m solar plant
PAN African Resources, the South African gold producer, said it had completed the first phase of its buy-back programme at a cost of R50.3m.
Some...
Mali government threatens Barrick with provisional administration of the Loulo-Gounkoto mine
Barrick has confirmed the closure of its office in the Malian capital Bamako by the Malian government as well as threats from the government...
Northam Platinum raises R411m in new funds as part of note...
NORTHAM Platinum has raised R411m in new funds after selling more new notes than it had initially planned as part of a previously announced...