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Ghana limits Damang mine bids to local firms

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GHANA has restricted the tender to find a new operator for the Damang gold mine — which Gold Fields is set to hand over...

Almost 3,000 jobs at risk as Sibanye’s Kloof No. 4 shaft...

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The July 30 incident at Sibanye-Stillwater’s Kloof No 4 shaft, when a load of ballast fell down the lift shaft and caused extensive damage,...

G-7 plan to sanction Russian gold exports seen as symbolic

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THE G-7 nations have pledged to halt Russian exports of gold but analysts speaking to Bloomberg News said the impact would be relatively muted...

Perseus signs mining convention with Côte d’Ivoire for $265m Yaouré venture

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PERSEUS Mining said it had won guarantees of fiscal stability after signing a mining convention with the government of Côte d’Ivoire that will govern its...

Global gold output to fall in 2017/18 after hitting fresh record

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THE gold price would average $1,259 per ounce in 2017, according to the GFMS Gold Survey 2017, published by ThomsonReuters which warned, however, that...

Caledonia lifts second quarter output in effort to keep full-year numbers...

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ZIMBABWEAN gold mining firm, Caledonia Mining Corp., reported gold production for the six months of its 2019 financial year of 24,660 ounces following second...

Trump victory bullish for gold as policy uncertainty begins

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PANIC that sent gold to a six week high as it became apparent Donald Trump would glide to an surprise victory in the US...

Hummingbird to rub out bank debt as sets sights on adding...

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HUMMINGBIRD Resources moved into a net cash position at the year-end and said it would pay down all of its debt by the second...

Sibanye-Stillwater bullish on US anti-dumping petition

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THERE was a "reasonable indication" the US palladium industry had suffered material harm as a result of Russian imports of the metal. This was the...

AngloGold wants shares in Russian miner

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AngloGold Ashanti wants to convert the balance of an outstanding loan it provided to Russian miner Trans-Siberian Gold into shares.