Mantashe scolds Gold Fields for “acting in bad faith” over South...
SOUTH African mines minister, Gwede Mantashe, expressed his dissatisfaction with the manner in which Gold Fields had handled the proposed retrenchment of 1,520 employees,...
Gold Fields reports 70 positive cases of COVID-19 at Ghana mine,...
GOLD Fields reported 73 positive cases of the COVID-19 disease at its African assets, including a single case at South Deep, west of Johannesburg,...
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...
Sawiris looms large as La Mancha lines up new ‘game-changer’
EGYPTIAN tycoon, Naguib Sawiris, loomed large in the African gold sector this week. Endeavour Mining, a company in which he has a 30% stake, put...
Shanta Gold shares register new all-time high after firm posts first...
SHANTA Gold had undertaken "enormous deleveraging", according to CEO Eric Zurrin in notes to the UK-listed firm's second quarter results.
The firm was $2.1m net...
Perseus posts healthy interim taxed profit, lifts cash while gold challenges...
PERSEUS Mining reported A$126.9m in interim taxed profits today taking net cash to A$222.7m (US$161.8m) as it continued to increase gold output which is...
Quartermaine expects Yaouré licence will be issued despite it “bouncing around”
PERSEUS Mining CEO, Jeff Quartermaine, told analysts he expected his company to eventually win a prospecting licence for the $264m Yaouré project in Côte d’Ivoire...
Gold target in reach for Harmony despite seasonal failings
THE 'customary' slow start to the calendar year was behind a 7% quarter-on-quarter drop in production at Harmony Gold, but the firm said its...
Randgold’s Bristow warns DRC on code changes
The Democratic Republic of Congo risks damaging returns from its fledgling mining
industry - as does the rest of Africa - if regulatory uncertainty becomes the norm.
Gold kicks off 2018 with vigour but rand strength hurts SA...
THE price of gold was tipped to continue improving this year as investors were reticent to factor in increases in Federal Reserve interest rates,...