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Great Basin Gold shares tumble

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Great Basin Gold shares took yet another knock following release of an operational update which dropped this year's gold production forecast for the new Burnstone mine.

Village to sell non-core First Uranium stake

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Village Main Reef has confirmed its intention to discard the 26% stake in First Uranium it obtained through the acquisition of Simmer & Jack.

Sibanye-Stillwater takes up bargain R1bn option to lift stake in DRDGold...

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SIBANYE-Stillwater has extended its stake in DRDGold to 50.1% in terms of an option agreement signed in 2017. The precious metals producer bought a 38.5%...

B2Gold to publish Fekola expansion study in first quarter of 2019

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B2GOLD, the Toronto-listed gold production firm, said it intended to publish results of a study into expanding its Fekola gold mine in Mali, due...

Resolute Mining extends Mako gold production in Senegal by two years...

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RESOLUTE Mining said it had extended the life of its Mako gold mine in Senegal by two years to 2027 following an extension exploration...

VMR shuts with loss of 6,309 jobs as COVID-19 delivers final...

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VILLAGE Main Reef’s (VMR) Tau Lekoa mine could be the first major gold sector casualty of South Africa’s COVID-19 lockdown following the issue of...

Tarkwa “strongly supported” by Ghanaian government: Gold Fields

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THE Ghanaian government’s intervention in Gold Fields’ Damang mine this month has again raised questions about whether it is pressuring for greater ownership in...

ARM may join Harmony in funding Wafi-Golpu gold project

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AFRICAN Rainbow Minerals (ARM) may be considering getting involved with associate Harmony Gold over the development of the Wafi-Golpu copper/gold project in Papua New...

La Mancha sells 3.5% in West African gold miner Endeavour

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LA Mancha Resource Capital, a private investment firm, has sold a 3.5% stake in West African gold miner Endeavour Mining for about $437m. The fund...

Pan African seals five year wage deal for Barberton Gold

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PAN African Resources has signed a five year wage deal with the National Union of Mineworkers for members employed at the gold miner's Barberton...