Gold Fields’ Damang expansion shows sector growth difficulties
TWO newly unveiled gold projects – one by Gold Fields, the other by Harmony Gold – demonstrate the difficulty the world’s gold industry has...
Barrick confident it can nail down $300m deal as Acacia crisis...
DISCUSSIONS between Barrick and the Tanzanian government over resolving the situation at Acacia Mining were proceeding along the lines agreed between Barrick executive chairman,...
Shanta to ponder payouts as Zurrin sets about new focus
SHANTA Gold, the Tanzania-based gold producer, would consider returning cash to shareholders once it had met its net debt reduction targets which CEO, Eric...
Hummingbird awards $112m Yanfolila mining contract to AMS
UK-listed gold mining development firm, Hummingbird Resources, said it had appointed a $112m mining contract for its Yanfolila project in Mali to African Mining...
Minorities in U-turn on First Uranium deals
The sale of gold producer First Uranium’s key assets is close to a done deal after
a block of minority shareholders ran out of options in a battle to stop the
transactions.
Barrick makes progress in Tanzania, but can’t timetable resolution
BARRICK Gold Corporation said it had made progress in discussions with the Tanzanian government regarding resolution of a tax dispute with Acacia Mining, the...
Sibanye-Stillwater earnings plummet as axe hovers over US mine
SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...
Bernard Swanepoel buys Blyvooruitzicht
Former Harmony CEO Bernard Swanepoel's comeback to gold mining continues with the acquisition of Blyvooruitzicht from DRDGold, at what looks like a bargain price.
Alberto Calderon sets two to four year goal of narrowing AngloGold’s...
ALBERTO Calderon said he hoped to narrow AngloGold Ashanti's discount to its gold-producing rivals in two to four years by improving the performance of...
Gold Fields in Damang recap poser
Gold Fields produced a solid quarter as its Australian assets showed up, but the re-engineering of South Deep and the future of Damang weigh.