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AngloGold talks up Obuasi re-opening

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AngloGold Ashanti said it was confident it would find a joint venture partner for Obuasi, its Ghana gold mine currently in mothballs.

Tanzania to establish trading centres to curb illegal gold exports

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TANZANIA is to establish government-controlled trading centres by the end of June in an effort to curb illegal exports of gold and other precious...

Singapore to launch OTC gold clearing system

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SINGAPORE will launch an over-the-counter gold clearing system before year-end and establish a central bank vault service, as the city-state pushes to position itself...

Sibanye-Stillwater bags $500m deal with Franco-Nevada

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SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...

Odey offers to buy Acacia rights in effort to force Barrick’s...

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THERE are more signs that minority shareholders in Acacia Mining are unhappy with the level of offer tabled by Barrick Gold for the company. According...

Pan African targets higher profit margins

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Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.

SA bank says gold to end above $6,000/oz this year

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SO how do your economic projections play against those of the experts? This was the subject of a fun "View from the Room" session...

B2Gold to expand solar capacity at Fekola as targets 30% GHG...

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B2GOLD is to expand solar power generation facilities at its Mali mine Fekola as part of a strategy to reduce scope 1 and 2...

Central Rand Gold using pension deductions in order to stay afloat...

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CENTRAL Rand Gold (CRG), a Johannesburg-listed mining company, was using pension deductions in order to stay open, said City Press citing highly placed sources...

How WGC’s Tait plans to disrupt tyranny of illegal gold trade

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TERRORIST groups are tapping into $95bn worth of gold mined by artisanal and small-scale miners, says the World Gold Council (WGC) in a report...