AngloGold sees 11% Tropicana capex hike
AngloGold Ashanti said capital expenditure at its western Australia prospect, Tropicana would be 11% higher than the mid-point of its estimates in 2010.
Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.
Barrick claims high-grading behind Acacia Q2 rebound ahead of valuation meeting
BARRICK Gold would meet with Acacia Mining and SRK, the consulting engineering firm, to discuss a report valuing the UK-listed miner at 40% above...
Zwane to be briefed by Sibanye on plight of 950 trapped...
SOUTH African mines minister, Mosebenzi Zwane, will be briefed by Sibanye-Stillwater on Friday (February 2) after a lightning strike on Wednesday (January 31) left 950...
Waste not, want not: DRDGold’s R2.7bn bonanza
IT'S fair to say that almost no-one saw DRDGold as a multibillion-rand-market-cap miner over a decade ago. Back in 2015, at R2.45 a share,...
Khulubuse Zuma due back in court to face rap for Aurora...
KHULUBUSE Zuma, nephew of former South African president, Jacob Zuma, is due back in court today on charges of causing environmental damage at Grootvlei,...
SA gold industry sustainability imperilled by Eskom rate hike
THE sustainability of South Africa’s gold mining sector, and job creation in the sector, may be compromised following a decision by the National Energy...
ARM hedges Harmony stake to boost acquisition firepower
AFRICAN Rainbow Minerals has hedged 24% of its stake in Harmony Gold to improve liquidity and position itself for potential acquisitions, according to BusinessLive.
The...
Investors turn to gold miners as metal outpaces inflation
THE recent surge in the gold price is finally attracting money into funds that invest in gold miners after a period in which the...
China’s Chifeng withdraws from $105m purchase of Bibiani from Resolute Mining
CHINA'S Chifeng Jilong Gold Mining Co. has withdrawn from an agreement to buy the Bibani gold mine in Ghana after conditions were imposed on...