Mponeng is a core asset says AngloGold Ashanti CEO
AngloGold Ashanti generated $88m in free cash flow for the September quarter with gold production up 11% year-on-year and the group is on track...
Gold could surge to $5,000/oz, says bank
GOLD prices might soar to nearly $5,000 per ounce if US president Donald Trump's assault on Federal Reserve independence undermines America's central bank, according...
The DRC government continues to sit on $1bn in profits due...
The government of the Democratic Republic of Congo (DRC) continues to sit on more than $1bn in profits from the Kibali gold mine due...
Sibanye-Stillwater not seeking fresh capital for uncertain, strike-hit SA mines
NEAL Froneman, CEO of Sibanye-Stillwater, said the company would not seek new capital for its South African operations whilst the environment remained uncertain.
The Minerals...
Harmony forecasts mines up and running fully only in August as...
HARMONY Gold might not restore full mining at its South African operations until August as the return of migrant workers to the country was...
Political tensions give precious metal miners pressure respite
POLITICAL ructions globally and domestically have provided respite to South Africa's precious metal producers which unveiled some 21,000 in potential job losses in June...
NewGold planned for Kenya, Botswana and Nigeria
Absa Capital is in talks to list its gold-backed exchange traded fund in a number of African countries.
Harmony reports Kusasalethu fatality
Harmony Gold has suspended operations at its Kusasalethu mine after an employee was killed in an accident.
Galiano Gold cancels royalty deal with Red Kite
GALIANO Gold said on Thursday it had terminated a gold purchase and sale agreement with Red Kite Opportunities Master Fund Limited paying $13m.
In terms...
Perseus pushes the button on Nyanzaga Gold Mine in Tanzania
PERSEUS Mining has resolved to spend $523m out of its own resources to develop the Nyanzaga Gold Mine in Tanzania. This will be the...