Teranga hoping to wipe out net debt of $350m by end...
TERANGA Gold forecast it would be net cash by the end of 2021 assuming gold prices held their current levels.
"At current gold prices, we...
Hummingbird chips away at debt, commissions second mill in effort...
HUMMINGBIRD Resources has guided to the lower end of its 130,000 to 145,000 ounce a year production range for its 2020 financial year, but...
Harmony Gold Q1 jumps three-fold
Harmony Gold has posted a more than three-fold increase in quarterly earnings, beating expectations on bullion's record run.
Gold rises in line with euro recovery
Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.
DRDGold declines to set date for FFG fix
DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.
Ghana limits Damang mine bids to local firms
GHANA has restricted the tender to find a new operator for the Damang gold mine — which Gold Fields is set to hand over...
New SA fund targets acquisitions of ‘non-core’ gold mines
BOKAMOSO Gold, a new private equity fund fronted by Billy Mawasha, former head of AngloGold Ashanti’s South African operations, is hoping to buy non-core...
New “significant” copper-gold drill results for Harmony Gold
Harmony Gold Mining Company has announced "new significant copper-gold drill results" at its Kili Teke prospect in Hela, Papua New Guinea.
The results are more...
23 illegal miners trapped and feared dead in Zimbabwe after dam...
AN estimated 23 illegal miners are trapped and feared dead after a dam burst flooded shafts owned by RioZim, a gold mining firm that...
All that glitters is not just gold, say CEOs
Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.