Perseus pushes the button on Nyanzaga Gold Mine in Tanzania
PERSEUS Mining has resolved to spend $523m out of its own resources to develop the Nyanzaga Gold Mine in Tanzania. This will be the...
Sibanye Gold targets 1.67m oz for 2015
Sibanye Gold produced record quarterly output in the fourth quarter taking full-year production to guidance of 1.59 million ounces.
Pan African has so far missed the gold bonanza. Can it...
WHAT Eskom taketh away, the rand giveth back. That’s one way of looking at prospects for Pan African Resources, a midtier gold producer that...
Shanta Gold in business review following Tanzania legislation
SHANTA Gold is to conduct a business review of its activities and cost base following controversial new legislation in Tanzania where it operates the...
Pan African to post up to 41% decline in interim share...
PAN African Resources said it expected to post a decline in interim share earnings of between 31% and 41% following a decline in gold...
AngloGold describes Obuasi invasion as “surreal”
THE situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana - which has been invaded by thousands of illegal miners - has stunned management...
Gold Fields realises $88m on Maverix, Red 5 as makes further...
GOLD Fields sold shares in two non-core investments for a combined $88m, a debt cutting strategy that quite likely has future funding tasks in mind,...
Sibanye-Stillwater lops R2.8bn from capital budget as targets aggressive debt reduction
SIBANYE-Stillwater said it would not relent in having balance sheet control its top priority this year after reducing net debt to below its long-term...
Kinross CEO Rollinson says Mauritania’s Tasiast was group’s stand-out performer in...
KINROSS president and CEO, J. Paul Rollinson, said the firm's Tasiast mine in Mauritania was its standout performer for the 2020 financial year ended...
Barrick “shares concern” with Acacia as employees languish in Tanzanian jail
BARRICK Gold said it shared the concerns of 64.9%-owned Acacia Mining regarding the safety of its employees amid increasing pressure by the Tanzanian government...