Perseus builds 19.9% stake in Tanzania gold developer OreCorp
PERSEUS Mining said today it had accumulated a 19.9% stake in gold developer OreCorp which is currently under offer from a third party. Listed...
B2Gold completes expansion of Fekola solar plant
CANADIAN gold miner B2Gold said on Wednesday its solar plant project at Fekola mine in Mali was "complete and operational" following an expansion.
The 22MW...
SA gold industry sustainability imperilled by Eskom rate hike
THE sustainability of South Africa’s gold mining sector, and job creation in the sector, may be compromised following a decision by the National Energy...
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...
Soros: conditions ‘pretty perfect’ for gold
Billionaire investor and philanthropist George Soros says gold still has some kick to it, as long as conditions like low interest rates prevail.
DRDGold to spin out Blyvoor
DRDGold is to separate its Blyvooruitzicht underground mine from its low cost and low risk Ergo surface operations and use Blyvoor to get involved in the further consolidation of the SA gold sector.
Randgold DRC project ahead of schedule
International gold mining and exploration company Randgold Resources says construction on its Kibali project in the DRC is six months ahead of schedule.
Paulson, Soros lift gold holdings as metal falls
Billionaire investors John Paulson and George Soros both lifted their stakes in
exchange traded fund, SPDR Gold Trust, in the June quarter - even though gold
shed 4% during the period.
DRDGold warns it may undershoot production guidance
DRDGOLD warned it may undershoot production guidance for its financial year ended June after it suffered the effects of heavy rain in its third...
Gold Fields forced to vacate the Damang gold mine by the...
The Ghanaian government has refused to extend Gold Fields’ mining lease for the Damang gold mine and is insisting the group cease operations by...