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Resolute targets 500,000 oz in 2020 with 12% AISC reduction as...

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RESOLUTE Mining said it had targeted gold production for the 2020 financial year at some 500,000 ounces at an all-in sustaining cost (AISC) of...

Centamin Q4 production number may put pressure on Endeavour to lift...

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CENTAMIN lifted production 50% in the fourth quarter, a performance that would put pressure on Endeavour Mining to lift its bid for the Egyptian...

Sibanye-Stillwater takes up bargain R1bn option to lift stake in DRDGold...

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SIBANYE-Stillwater has extended its stake in DRDGold to 50.1% in terms of an option agreement signed in 2017. The precious metals producer bought a 38.5%...

Resolute 2019 production falls short of target despite quick-fire recovery at...

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RESOLUTE Mining reported 2019 production of 384,731 ounces which was slightly below its 400,000 oz target owing to disappointing numbers from the firm's flagship...

Gold exports from Tanzania rise 42% in year to November on...

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HIGHER pricing and an increase in volumes saw Tanzania's earnings from gold exports rise 42% in the year to November, said Reuters. Citing the east...

Resolute extends forward gold sales as bullion hits four month high...

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RESOLUTE Mining has extended its forward sales to a total of 177,800 ounces for 2020, equal to about 44% of total production assuming 400,000...

Caledonia Mining defies Zimbabwe economic crisis with 9% quarterly dividend lift

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CALEDONIA Mining defied difficult operating conditions in Zimbabwe to unveil a 9% lift to its quarterly dividend - an increase it said was motivated...

AngloGold Ashanti sells out of the Sadiola mine in Mali

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AngloGold Ashanti has sold its 41% stake in the Sadiola gold mine in Mali for $52.5m in cash in conjunction with partner Iamgold Corporation...

Armed gang attacks Harmony’s Kalgold operation and kills security official

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A SECURITY official has been killed in an unsuccessful armed attack on the gold plant at Harmony’s Kalgold mining operation in North West Province...

AngloGold pours first gold at Obuasi after five years of closure

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AngloGold Ashanti has carried out the first gold pour at its Obuasi mine in Ghana so meeting CEO Kelvin Dushnisky’s forecast made in...