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Hummingbird Resources in line to take 51% stake in Pasofino Gold

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HUMMINGBIRD Resources is on track to take a controlling 51% stake in gold development firm Pasofino Gold in terms of an agreement between the...

B2Gold to publish Fekola expansion study in first quarter of 2019

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B2GOLD, the Toronto-listed gold production firm, said it intended to publish results of a study into expanding its Fekola gold mine in Mali, due...

Metallon gears up for gold expansion

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Metallon Gold's new appointment is intended to help spearhead its growth in Zimbabwe as it seeks readmittance to the London Bullion Market.

Gold gives Sibanye-Stillwater much-needed Ebitda boost

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THE surge in the gold price supplied Sibanye-Stillwater with a much-needed lift for the third quarter helping to boost adjusted Ebitda 9% to R3.3bn...

Gold One bondholders stay put

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Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.

Resolute underscores asset life and scale focus as concludes A$100m Ravenswood...

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RESOLUTE Mining confirmed the sale of its 54,500 ounce a year Ravenswood mine in Australia's Queensland to a consortium led by EMR Capital for...

Kinross Gold secures $300m loan finance for phase two expansion of...

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KINROSS Gold has secured $300m in finance for the expansion of its Mauritania gold mine, Tasiast, increasing gold production to an average of 563,000...

Chavez to nationalise Venezuelan gold industry

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Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.

Trucking, carrying costs hurt as Asanko Gold, Gold Fields make start...

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ASANKO Gold said it was on course for production of 225,000 to 245,000 ounces in the 2019 financial year as guided following a first...

AngloGold to restructure Tau Tona, Kopanang affecting 8,500 jobs

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ANGLOGOLD Ashanti is to start a Section 189 restructuring process at its Tau Tona and Kopanang mines potentially affecting 8,500 miners following prolonged unsustainable...