Loots rules out deals at current gold prices
IT'S been a transformative year for Pan African Resources, yet the company remains strongly inward focused for its future growth ambitions.
Over the past 12...
AngloGold expects Obuasi output lift
AngloGold Ashanti expected its Obuasi mine in Ghana to produce about 400,000 ounces a year from 2012, a 14% uplift.
Great Basin’s Burnstone mine up and running
Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.
No quiet exit for First Uranium
The chances of First Uranium being afforded a dignified death seem slim as
disgruntled shareholders are organising a rebellion against the disposal of key
assets.
Harmony to impair R1.7bn in life of mine gold resources
HARMONY Gold is to write-down R1.7bn in gold reserves and resources when it unveils its full-year results ended June 30, the company said in...
Platinum, gold CEOs say it’s time to bring curtain down on...
THE era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close...
Cockerill warns West Africa not to follow SA’s mining code
ENDEAVOUR Mining CEO Ian Cockerill has warned West African nations not to repeat the mistakes of South Africa by introducing regulations that will hurt...
Gold Fields’ R2.5bn book-build may presage other raisings
GOLD Fields is to issue shares worth R2.5bn which it will use to reduce debt after buying a portion of some $1bn (R15bn) in...
Acacia to “reach out” to Tanzania’s government as dispute turns toxic,...
ACACIA Mining said it planned to resume direct negotiations with the Tanzanian government following a "deeply concerning" escalation in tensions which have seen former...
Simmers appoints new CFO
Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.