Kenya, DRC to probe gold smuggling
Kenya and the Democratic Republic of Congo have formed a joint team to investigate gold smuggling from eastern Congo.
Ghana’s $3bn IMF bailout has derisked AngloGold JV, says Gold Fields...
GOLD Fields said Ghana's $3bn credit agreement with the International Monetary Fund in May had derisked its proposed joint venture with AngloGold Ashanti which...
Golden Star to move office to London as part of “plans...
GOLDEN Star Resources will move its corporate office to London from its current Toronto abode but the firm's CFO, Andre van Niekerk, will not...
Resolute Mining repays expensive money, builds firepower with $300m syndicated facility
RESOLUTE Mining completed the refinance of its balance sheet, announcing today a $300m syndicated loan that lowers the group’s borrowing costs and positions it...
Gold falls short of $2,000/oz but market belief that pushed metal...
BELIEF in gold wavered just as it approached the $2,000/oz level, said Bloomberg News which reported that gold futures briefly tested new records before...
AngloGold is cutting its ties to SA in more ways than...
IT’S not often CEOs acknowledge the advances of a rival company but Alberto Calderon has no such qualms. In adopting a swingeing review of...
Endeavour in the mix to break into FTSE100 after posting strong...
ENDEAVOUR Mining said it could crack the FTSE100 Index in the next few months following a 22% improvement in its market value since taking...
Harmony falling short of target
Harmony Gold’s full-year production target seems to be out of reach after reporting a 2% quarterly output decrease.
Former Endeavour chief returns at Africa miner
SEBASTIEN de Montessus has been appointed CEO of Mansa Resources months after his ousting from Endeavour Mining over alleged irregular payments, said Bloomberg News...
Gold Fields converts South Deep
Gold Fields has been awarded a new order mining right for South Deep but the terms of the related black economic empowerment deals show it has had to pay a high price for this.