Aurous “advances discussions” for $50m ahead of gold merger
AUROUS Gold said it had raised $7.5m as part of its proposed merger with New York listed blank cheque company Rigel Resources Acquisition Corp.
"Aurous...
Harmony’s R3.8bn investment strategy delivers, eyes net cash at current rand...
HARMONY Gold had its R3.8bn investments in the reopening of Hidden Valley in Papua New Guinea (PNG) and the purchase of Moab Khotsong from...
Sibanye-Stillwater gets ready for a strike in the New Year ...
A strike on Sibanye-Stillwater’s gold mines was unlikely to take place before Christmas and was more likely to happen in the New Year according...
Blyvoor, Beatrix back in business
Striking employees at Village Main Reef’s marginal Blyvooruitzicht mine have
returned to work following their acceptance of a wage hike proposal.
Caledonia may tap equity markets for $403m Bilboes project
CALEDONIA Mining, the Zimbabwean gold miner, could equity finance up to $100m of its $403m Bilboes project which is forecast to produce 1.5 million...
Search on for Khulubuse Zuma after court fails to serve provisional...
THE whereabouts of Khulubuse Zuma, nephew to former South African president, Jacob Zuma, is unknown after an attempt to serve him with a provisional...
Glencore takes 2016 disposals to $3.2bn after ags deal
GLENCORE took asset disposals this year to $3.2bn following an agreement to sell a further stake in its agribusiness for $624.9m.
The Swiss-headquartered mining and...
Holland begs indulgence as hope still burns of return on Gold...
GOLD Fields CEO, Nick Holland, will ask shareholders to indulge his team for another long haul on South Deep, the in-distress West Rand mine...
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 top lawyer quits in BEE broil
Gold Fields has recorded the first casuality of its troubled R2.1bn empowerment deal at South Deep with the resignation of Michael Fleischer.