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Mwana Africa’s Zimbabwe output tops target

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Mwana Africa's Zimbabwe mine output has risen to a monthly average of 4,500 ounces, outstripping its targeted annual production rate.

Caledonia to offer up to $150m in convertible shares

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CALEDONIA Mining plans to raise up to $150m through the issue of convertible shares with the proceeds earmarked for Bilboes, the miner's recently unveiled...

Mali aims to reopen Barrick mine under new management

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A MALI court will convene Thursday to consider a request from the country's military government to place Canadian miner Barrick's suspended Loulo-Gounkoto gold mine...

All eyes on gold majors’ numbers

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The strong rand is expected to erode the benefit of the rise in gold's dollar price for SA’s top three producers - scheduled to report third-quarter earnings in November.

Village Main mulls over R413m cash windfall

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Village Main Reef is weighing up options on what to do with its R413m-odd windfall from the sale of First Uranium’s assets. Talks over a R1bn offer for Tau Lekoa have also gone nowhere.

AngloGold completes restructure as shares trade for first time in New...

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SHARES in AngloGold Ashanti traded for the first time in New York on Monday, the gold producer said today. The stock closed 0.73% higher. This...

AngloGold Ashanti stages second half cash flow turnaround

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SHARES in AngloGold Ashanti rose 6% in Johannesburg on Friday after it staged a turnaround in cash flow for the second half of its...

DRDGold to become defensive with cash

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Having shelled out R58m buying its own shares in two separate tranches, DRDGold will enter a period of conservatism while it oversees the completion of its Ergo consolidation project.

Gold choppy, but safe bet in long term

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The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.

Bristow targets the last of Barrick’s legacy headaches before weighing his...

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IT was no surprise Mark Bristow, CEO of Barrick Gold, delayed his retirement. After saying shortly after the merger of his Randgold Resources with...