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Harmony admits PNG political instability raises risk of MoU change on...

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HARMONY Gold acknowledged the risk that political changes in Papua New Guinea (PNG) could create a situation where a memorandum of understanding (MoU) regarding...

Former BHP chair, Vincent Maphai, to preside over Sibanye-Stillwater board from...

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SIBANYE-Stillwater said it had appointed former BHP Billiton chairman, Vincent Maphai, as its new chairman following the resignation of Sello Moloko. Maphai's appointment would...

Tanzania refuses to deal with Acacia Mining, will only work with...

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TANZANIA will no longer allow Acacia Mining to manage its mines and will only work with Barrick Gold which owns 63.9% of the company,...

Former Absa CEO, Maria Ramos, to join board of AngloGold Ashanti

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FORMER banker Maria Ramos is to join the board of AngloGold Ashanti as a non-executive director, the gold producer said in an announcement today. "I'm...

Betts tentatively turns thoughts to M&A as Hummingbird acknowledges single asset...

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HUMMINGBIRD Resources was "ambitious to diversify" through merger and acquisition activity and would explore opportunities in its 2019 financial year, said Daniel Betts, CEO...

Zimbabwe consortium formed to bid for Metallon mines Shamva, Mazowe

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VARA Mining, a consortium of Zimbabwean business interests, has bid for control of the Mazowe and Shamva mines owned by Metallon Corporation, South African...

Barrick offer for Acacia Mining shares fair given Tanzania risk –...

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BARRICK Gold's nil-premium offer for shares it doesn't own in Acacia Mining was a fair one because it takes account of the additional risk...

B2Gold distances itself from links to $200m investment in Zimbabwe’s Shamva

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B2GOLD CEO, Clive Johnson, took the unusual step of issuing a statement emphasising the company was not interested in merger and acquisition activity. "In response...

AngloGold Ashanti’s Dushnisky convinced 2019 is the right time to sell...

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ANGLOGOLD Ashanti’s decision to sell its last remaining South African gold assets comes only about six months into CEO Kelvin Dushnisky’s tenure at the...

Barrick offers Acacia minority shareholders $285m after Tanzania refuses to deal

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BARRICK Gold sought to bring a speedy end to a dispute involving its 63.9% owned subsidiary, Acacia Mining, and the Tanzanian government (GoT) outlining...