Gold eyes $3,700/oz as more investors join anxiety bandwagon
AFTER a Northern hemisphere summer reverie, gold is expected to resume its bull run with the metal's price forecast to test $3,700 per ounce.
"We...
Gold Fields’ Philippine mine to cost up to $2bn
Gold Fields may invest up to $2bn to develop a gold and copper prospect in the Philippines, says a government official, although the company maintains it is far too early for such estimates.
Caledonia equips Blanket mine extension shaft for $60m ahead of higher...
CALEDONIA Mining said it had finished equipping the central shaft extension at its Blanket mine which would increase production of the operation to about...
SA’s best performing gold stock takes strategy to Australia
IT'S been a breakout year for Pan African Resources, the Joburg- and London-listed gold miner. Its share cruised to a new record high last...
Bristow lays in to Acacia for ‘failing to cooperate’ as Tanzania...
BARRICK Gold CEO, Mark Bristow, has criticised Acacia Mining for failing to cooperate in the Canadian firm's efforts to end a two-year dispute over...
Centamin may tap into Egyptian power grid in order to end...
CENTAMIN is in discussion with the Egyptian government regarding supply of grid power to its Sukari gold mine that will enable the firm to...
Zimbabwe ultimatum for Caledonia
Sources within the Zimbabwe government say Caledonia Mining Corporation may be used "as an example" to companies "still unwilling to commit to (indigenisation) legislation".
Perseus says Sudan gold project “not lost to company”
PERSEUS Mining, the Australian listed gold miner, said it expected to eventually develop a mine in Sudan despite conflict in the North African nation.
Bloomberg...
Harmony lands solid profit despite R325m strike hit
Harmony Gold estimated a strike at its Kusasalethu mine carried a total opportunity
cost of R325m, but nonetheless produced impressive September quarter figures.
Endeavour Mining upgrades production to 1.35-1.48 million oz as Teranga mines...
ENDEAVOUR Mining confirmed higher gold production in 2021 than previously guided following formal sanction for its Teranga Gold Corp merger.
The Toronto-listed gold producer announced...