AngloGold pours first gold at Obuasi after five years of closure
AngloGold Ashanti has carried out the first gold pour at its Obuasi mine in Ghana so meeting CEO Kelvin Dushnisky’s forecast made in...
Kinross Gold secures $300m loan finance for phase two expansion of...
KINROSS Gold has secured $300m in finance for the expansion of its Mauritania gold mine, Tasiast, increasing gold production to an average of 563,000...
Endeavour declines to go hostile on Centamin merger after firms’ officers...
ENDEAVOUR Mining will not proceed to a hostile takeover of Centamin preferring instead to win the board over to its all-share merger proposal.
It has,...
Teranga Gold’s Young plans on double-quick repayment of $414m debt pile
TERANGA Gold intends to start mining the Massawa orebody in Senegal for a fraction of the $333m pre-production capital Barrick Gold estimated for the...
Centamin may view Endeavour offer with fresh eyes following Rutherford appointment
THE appointment of a new deputy chairman at Centamin might see the Egyptian gold producer become more receptive to the merger proposal submitted by...
Barrick to sell Massawa gold prospect in Senegal to Teranga in...
BARRICK Gold followed up the recent sale of its stake in Kalgoorlie Consolidated Mines with an agreement today to dispatch its shares in Senegal's...
Perseus signs mining convention with Côte d’Ivoire for $265m Yaouré venture
PERSEUS Mining said it had won guarantees of fiscal stability after signing a mining convention with the government of Côte d’Ivoire that will govern its...
Minerals Council salutes rescue effort at Tau Lekoa as NUM claims...
THE South African mining sector's safety record took a blow on December 6 after four mineworkers lost their lives after becoming trapped by a...
Egypt says Endeavour tilt at Centamin will encourage foreign investment in...
EGYPT welcomed Endeavour Mining’s bid to merge with Centamin, saying it would encourage foreign investment in the country’s mining industry, Reuters reported.
Centamin rebuffed the £1.47bn...
Gold sector M&A to top record-breaking $30bn this year as sector...
GOLD sector merger and acquisition activity totalled $30.5bn this year, the highest in more than ten years, according to Reuters citing data produced by Refinitiv...