Perseus Mining lays out $878m, five-year gold plan
PERSEUS Mining on Wednesday set down a five-year gold production plan that will require $878m in development capital including the Nyanzaga Gold Project in...
Village pulls plug on Buffelsfontein, finally
Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.
DRDGold revival dented as circuit falters
Metallurgical problems in newly commissioned technology would result in a 14% decline in March quarter production for the gold retreatment firm.
Northam picks up Eland from Glencore for R175m in cash
NORTHAM Platinum is to buy the Eland Platinum mine from Glencore for R175m in cash, an operation that once formed the vanguard of Xstrata's...
Answer to Harmony Gold’s growth ambitions may still be best found...
HARMONY Gold’s declaration that it would re-tool its African growth strategy seems interestingly timed as executives throughout the industry have adopted a position of...
Anglo’s Cutifani not in favour of increasing Charter equity target
ANGLO American CEO, Mark Cutifani, said he was not in favour of setting higher equity targets in a new Mining Charter as this benefited...
Gold ascent opens new door of opportunity for DRDGold, Johannesburg’s oldest...
AS a boy, Pretorius Snr. would perform the dare-devil feat of any child who grew up in the shadow of Johannesburg’s gold dumps: slide...
What a UK domicile means for AngloGold Ashanti’s access to debt
ANGLOGOLD Ashanti left South Africa in 2020 when it sold Mponeng, the last mine in its local portfolio. Nonetheless, the announcement earlier this month...
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
Golden Star targets unchanged gold production for 2020 as focus falls...
GOLDEN Star has guided to gold production of between 195,000 to 210,000 ounces for the 2020 financial year which is largely in line with...