Sawiris opens talks with Egyptian Govt. over buying 51% stake in...
NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters.
Sawiris chairs private...
AngloGold’s Dushnisky expects $202m in cash to be repatriated from DRC...
ANGLOGOLD Ashanti was confident it would get release of some $202m in cash waiting for repatriation from the Democratic Republic of Congo (DRC).
"Barrick has been...
Barrick Gold will oppose attempt by DRC state-owned firm to sell...
BARRICK Gold would not grant approval for the Democratic Republic of Congo (DRC) to sell its 10% stake in Kibali, the 750,000 ounce a...
Perseus Mining boosts interim net profit, lifts cash despite $99m capital...
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share.
The year-on-year improvement...
Sawiris interested in entering Egypt’s mining sector after country liberalises industry
NAGUIB Sawiris, the telecoms mogul-turned-gold bull, said he was interested in participating in Egypt's gold industry after the North African country started discussions with...
Sibanye-Stillwater to reinstate dividend in second half of 2020 after closing...
SIBANYE-Stillwater would reinstate the dividend at the half-year point of the current financial year, said group CEO, Neal Froneman today.
"We are seriously committed to...
Golden Star writes down Prestea for $56.8m ahead of assessing options
GOLDEN Star Resources impaired the value of its loss-making Prestea mine in Ghana $56.8m following a restructuring of the operation which is aimed at...
Pan African sets about finance for R750m Egoli project as Loots...
PAN African Resources issued an upbeat assessment of its growth options saying naming the R750m Egoli project as a potential iron in the fire.
Cobus...
Barrick’s Bristow says Tanzanian human rights allegations must be heard in...
BARRICK Gold CEO, Mark Bristow, said the company had asked human rights activists to take a claim regarding alleged abuses at the firm's Tanzanian...
Senegal waives pre-emptive right over Massawa as Teranga Gold ticks key...
SENEGAL had waived a pre-emptive right over 25% in the Massawa Gold Project and agreed to the incorporation of the project into Sabodala, the nearby...