Namib minerals plans $300m Zimbabwe mine revival
NAMIB Minerals intends to invest $300m in restarting two dormant gold mines in Zimbabwe, said Reuters citing Ibrahima Tall, CEO of Namib Minerals.
The...
Aurora boss baffles with surety notice
Aurora Empowerment Systems director Zondwa Mandela wants the company’s
liquidators to come up with a R1m surety for its court application against him.
Gold Fields to approve $100m Damang expansion
GOLD Fields was set to approve the expansion of its Damang mine in Ghana with a final decision on the $100m project due within...
Randgold & Exploration eyes higher H1 earnings
Randgold & Exploration says earnings per share for the six months ended June 2010 will be between 1 050c and 1 105c per share greater than the comparative unaudited earnings per share of 1c per share for the six months ended June 2009.
Barrick Gold secures exploration properties in Egypt after Govt. bid round
BARRICK Gold added Egypt to the African countries in which it has an exploration interest, confirming on Tuesday it had been awarded four exploration...
Harmony Gold says it has the blue print for combating illegal...
HARMONY Gold said last month it had eradicated most of the illegal gold mining in the Free State province after closing up more than...
Record breaking DRDGOLD ploughs profits into Ergo
DRDGOLD ploughed cash from record gold prices into its capital growth programme spending R751.8m in the September (first) quarter.
Publishing its first quarter production report...
Endeavour eyes 400,000 oz/year from Senegal mine after approving $290m expansion
ENDEAVOUR Mining will take gold production from its Sabodala-Masawa mine in Senegal to 373,000 ounces a year after today authorising its $290m expansion.
The London-listed...
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...
Harmony off to slow start
Harmony Gold's ambition of mining 1.7 million oz in its new financial year has hit an early setback as the group reported production figures of 336,650oz for the first quarter.