Saturday, January 20, 2018

Harmony Gold has found bombs in the ventilation system of its Phakisa mine after an explosion killed four people last week.

Harmony Gold Mining has hinted that criminal miners might have been behind last week's explosion at its Phakisa mine in the Free State.

Shares in Randgold & Exploration have shed 60.64%, or R8.55, as the company continues its unbundling process.

Pan African Resources, says it expects its full year earnings per share to be between 106% and 116% higher than those for the previous corresponding period.

Harmony Gold has reported three fatalities at its Phakisa mine in the Free State.

Zimbabwe is probing New Dawn Mining Corp's acquisition of Central African Gold (CAG), a deal which a top ally of President Robert Mugabe says is against the country's empowerment law.

Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.

Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.

Great Basin Gold has bought out minority shareholders in Rusaf which owns gold bearing properties in Tanzania and sold its stake in Kryso Resources.

Shares in Witwatersrand Consolidated Gold Resources dropped 15% to R49 on the JSE, two days after the release of a trading cautionary announcement.