Barrick to record ‘material impairment’ of Acacia investment as predicament worsens
BARRICK Gold said it would impair its 63.9% investment in Acacia Mining this quarter following a due diligence of the UK-listed firm's Tanzanian mines...
JSE delays Galaxy Gold listing
The proposed listing of Galaxy Gold has been put on ice after the JSE raised concerns about the firm's mining rights.
DRDGold says it will not need rights issue to fund R2bn...
DRDGOLD estimated the development of the West Rand Tailings Retreatment Project (WRTRP) would require R2bn in capital - a sum it could finance using...
Village places shares for Cons Murch
Village Main Reef will place 10 million shares to fund the planned expansion of Consolidated Murchison.
Endeavour announces $448m ‘cornerstone’ Lafigué gold project for Côte d’Ivoire
ENDEAVOUR Mining said it had started construction of the $448m Lafigué gold project with first production of a proposed 203,000 ounces a year forecast...
AngloGold takes medicine at Obuasi
The $220m cost of a radical re-think of AngloGold's Ghana mine Obuasi weighed on the group's results as it continues its response to the weaker gold price.
DRDGold to remove landmark Crown Mines dumps from Johannesburg
A MAJOR Johannesburg landmark - the Crown Mines complex of three huge mine dumps situated just south-east of the central business district – will start...
Num threatens gold sector strike
The National Union of Mineworkers says it is preparing to strike after the Chamber of Mines refused to budge from its 4.2% wage hike offer.
Gold equities on the rise as global uncertainty gives gold price...
A 12% interest in the price of gold over the last six months, driven largely by fears related to a trade war between the...
Great Basin Gold pins hopes on Hollister deal
Great Basin Gold put some much needed esprit into its share price saying plans to sell down assets would be accelerated as it sought to save the company.