BEE poser for Galaxy Gold
Navigating a way through South Africa's complex black economic empowerment requirements adds to the financial challenges faced by Peter Skeat at new venture Galaxy Gold.
Kinross to conclude low cost option study for Tasiast phase two...
KINROSS Gold Corp. said an alternative, lower cost approach to the second phase development of its Tasiast project in West Africa's Mauritania would be...
Universal Coal to buy Exxaro’s North Block Complex for R172m
EXXARO Resources is to sell its North Block Complex (NBC), a open cast mine in South Africa's Mpumalanga province, to Universal Coal which will...
Zambia mines minister lifts veil on alleged abuses committed by Vedanta’s...
THE Zambian government had applied to liquidate Konkola Copper Mines (KCM) because of the firm's alleged environmental and financial regulation breaches.
This is the view...
Endeavour beats dividend target but impairs Burkina mine $246m following life...
ENDEAVOUR Mining announced today it would pay a $140m dividend for its 2021 financial year, $15m more than its previously stated target following a...
Gold Fields, AngloGold to form Ghana JV creating “largest gold mine...
GOLD Fields and AngloGold Ashanti unveiled today an in-principle agreement for a joint venture of their Ghana assets which would create "the largest gold...
Harmony sees gold output up in June
Harmony Gold says output for the June quarter will likely be 3% higher than the 317,000 ounces produced in the previous one, despite days lost to public holidays.
Cipro washes its hands of hijacking
Cipro has suspended its online facility for changing directorships to curb company hijackings, but says it won't take the blame when its systems are manipulated.
AEMFC’s next project close to launch
State-owned miner AEMFC is now in the post-feasibility phase of its second
project, the T-Project outside Bethal, which will produce 4.6 million tonnes of
coal per year.
Super-rich buy gold by ton
The world's wealthiest people have responded to economic worries by buying gold by the bar - and sometimes by the ton, according to bankers catering to the very rich.