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Endeavour beats dividend target but impairs Burkina mine $246m following life...

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ENDEAVOUR Mining announced today it would pay a $140m dividend for its 2021 financial year, $15m more than its previously stated target following a...

AngloGold hunkers down with $1.4bn in debt citing lack of visibility...

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ANGLOGOLD Ashanti has drawn on $1.4bn in debt to bolster its balance sheet of which $700m has been put aside to tide it over...

Gold Fields to weigh distributing $300m Yamana break-fee to shareholders among...

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GOLD Fields would consider distributing a $300m (R5.3bn) break fee from its failed takeover of Yamana Gold to shareholders as one of several options...

Endeavour targets Tabakoto sale as portfolio reshape continues apace

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TORONTO-listed mid-tier gold producer, Endeavour Mining, continued to reshape its portfolio putting its Tabokoto mine on the block in an effort to drive down...

Attacks on gold miners by organised gangs descended to level of...

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AN INCREASE in violent robberies of gold plants owned by South African miners had descended anarchy, said Neal Froneman, CEO of Sibanye-Stillwater. According to an article...

SA gold juniors starting to stir again as gold price recovers

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THE one quarter improvement in the dollar gold price this year - but only about 14% in rand terms – has brought the metal’s...

Gold Fields to extend Tarkwa after lifting gold reserve price

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GOLD Fields said on Wednesday it hoped to renew the mining lease of Tarkwa after the group increased the Ghana mine's gold reserves by...

Anglo confirms long-standing CFO Medori to quit

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ANGLO American’s finance director, René Médori, will retire when he turns 60 in 2017. Médori, who has been in his position since 2005, is one...

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

African Gold Group says Kobada prospect to produce 100,000 oz/year

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A TORONTO-listed junior miner said it had discovered West Africa's next gold mine of scale announcing today a definitive feasibility study scoping for 100,000...