Egyptian miner Centamin appoints Toro Gold co-founder Martin Horgan as CEO
CENTAMIN has appointed Martin Horgan as its CEO. Horgan, formerly CEO of Toro Gold, will take up the reins of the company on April...
Great Basin up for sale amid liquidity crunch
Great Basin Gold’s directors said they might be prepared to sell the company in
order to retrieve some value as another poor quarter threatens to bankrupt the
firm.
Resolute makes $1m in assistance available to Mali, Senegal in COVID-19...
RESOLUTE Mining has committed $1m in financial support to its host governments aimed at tackling the effects of the COVID-19 pandemic.
"Extraordinary events require an...
Mali gold output forecast assumes reopening of Barrick mine
A GOLD production forecast by Mali's mines ministry is for a major increase this year, but the West African government assumes in its calculation...
Endeavour not on Tinder after Centamin merger failure, preferring to “raise...
ENDEAVOUR Mining would focus on reducing debt rather than chasing additional merger and acquisition opportunities after acknowledging that its bid for Centamin had gone...
Treating acid mine drainage will cost R8 billion
It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.
Royalties may shut 75% of Zimbabwe gold sector
Royalties could make three-quarters of Zimbabwe's gold sector unviable, said the country's Chamber of Mines which called for sweeping policy changes this year.
First Uranium outlines stark choices
First Uranium has spelled out the possible consequences if shareholders reject the sale of the company’s key assets to AngloGold Ashanti and Gold One International.
Soros ditches most gold in first quarter
Billionaire financier George Soros, who calls gold "the ultimate bubble," has dumped almost his entire $800m stake in bullion.
Christine Ramon who steered AngloGold through its worst times, to take...
CHRISTINE Ramon, CFO of AngloGold Ashanti, is to take early retirement, the gold producer said in an announcement today.
As interim CEO, Ramon anchored AngloGold...