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Simmers CEO resigns

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Simmer & Jack CEO Nico Schoeman has resigned and will be replaced by company CFO Marius Saaiman.

Pan African to post up to 78% gain in full year...

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PAN African Resources will report a full year share earnings increase of up to 78% owing to an increase in gold production and a...

Gold Fields to sell 45% stake in Asanko for $170m

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GOLD Fields is to sell its 45% stake in Ghana mine Asanko to joint venture partner Galiano Gold, a Toronto-listed firm, for $170m. An upfront...

Burkina Faso increases stake in West African Resources mines

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ASX-LISTED West African Resources (WAF) will have to pay a compulsory annual 15% dividend to the Burkina Faso government as part of accepting the...

Pan African unveils $54.2m push into Australian gold

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PAN African Resources on Tuesday announced the $54.2m acquisition of Tennant Consolidated Mining Group, a privately held company in Australia that owns the Nobles...

Perseus Mining lays out $878m, five-year gold plan

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PERSEUS Mining on Wednesday set down a five-year gold production plan that will require $878m in development capital including the Nyanzaga Gold Project in...

Harmony halts plans for R6bn shaft

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Harmony Gold Mining plans to delay the development of a R6bn shaft at its Evander mine in Mpumalanga.

Sibanye-Stillwater to post full year attributable profits of up to record-breaking...

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SIBANYE-Stillwater is to report full-year attributable profit of up to R30bn for its 2020 financial year, a significant improvement over the R62m it reported...

Gold Fields unbundles SA mines, creates Sibanye

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Gold Fields is to unbundle its South African mines creating a 1.4 million oz/year producer listed on the JSE and led by former staffer, Neal Froneman.

Endeavour Mining extends Houndé gold reserves 25% after Kari exploration update

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ENDEAVOUR Mining unveiled maiden indicated resources at its Kari West and Kari Centre exploration sites of one million ounces taking the total measured and...