Ante raised on consolidation after Newmont-Goldcorp marriage builds on Barrick momentum
THE $10bn takeover of Goldcorp by Newmont Mining on January 13 will raise the ante on consolidation in the gold industry, said Bloomberg News...
Pan African shares surge
Pan African Resources hit a new 12-month high on the JSE on Friday following the announcement that the Phoenix platinum project should be in full production by the end of next year.
Perseus says it will make all cash A$258m offer for Tanzania...
AUSTRALIA'S Perseus Mining is to make an all-cash offer for Orecorp trumping an earlier share and cash offer by Silvercorp Mining.
Jeff Quartermaine, MD of...
Investors flock to Toronto this week with gold consolidation deals top...
INVESTORS gathering at the Prospectors and Developers Association of Canada conference in Toronto this week will be seeking more news on potential consolidation in...
DRDGold weighs into power crisis calling “the once mighty Eskom” its...
DRDGOLD laid a halving of operating profit for the first half of its 2019 financial year squarely at the door of "the once mighty...
These two gold miners are defying the odds in Africa’s riskiest...
ACCORDING to Johns Hopkins University academic Steve Hanke, Zimbabwe ranks as the world’s most miserable nation — a perspective taken not of the national...
Resolute Mining CEO quits job in wake of Mali ordeal
TERRY Holohan, CEO of Resolute Mining, announced he will leave the company just two months after being released from detainment by the Mali government.
The...
Workers down tools at Gold One’s Modder East
Gold One International said it had issued an ultimatum to striking workers at its
Modder East mine and would consider dismissal as the walk out was unprotected.
AngloGold upgrades payout policy to 50% of free cash flow
ANGLOGOLD Ashanti has capped a strong year of share price gains unveiling today an upgraded dividend policy in which it would pay 50% of...
Gold a bubble that may deflate, says analyst
Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.