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Centamin Q1 gold output slides 20%, but sticks to 2017 guidance

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CENTAMIN plc, a UK-listed company that mines gold from its single operation Sukari in Egypt, kept production guidance unchanged for its 2017 financial year...

Gold Fields unsurprised by doubling in Windfall capex

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GOLD Fields CEO Mike Fraser said on Thursday his company had not been surprised by a doubling in the capital cost of its Windfall...

Acacia hopeful Govt talks will “rebase operating environment”

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NEGOTIATIONS between the Tanzanian government and Acacia Mining - along with its major shareholder Barrick Gold - had yet to start, but Acacia would...

Gold One output jumps 21%

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The increase in gold production at Gold One was largely due to development at Modder East.

How WGC’s Tait plans to disrupt tyranny of illegal gold trade

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TERRORIST groups are tapping into $95bn worth of gold mined by artisanal and small-scale miners, says the World Gold Council (WGC) in a report...

Endeavour lifts base dividend even as net debt swells

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ENDEAVOUR Mining would pay dividends that recognised shareholders "deserve to be paid something today" – but not at the expense of the firm's long-term...

Zimbabwe ups efforts to stem illegal gold sales

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ZIMBABWE is to intensify efforts to stem illegal gold flows by increasing surveillance at mining sites, said Bloomberg News. Citing mines minister Winston Chitando, the...

AngloGold signs 3-year deal with AMCU; NUM talks continue

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ANGLOGOLD Ashanti has agreed a new three year wage deal with unions representing about 62% of its South African workforce in which lower category...

Gold Fields to sell 45% stake in Asanko for $170m

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GOLD Fields is to sell its 45% stake in Ghana mine Asanko to joint venture partner Galiano Gold, a Toronto-listed firm, for $170m. An upfront...

Aurora kept waiting for R50m funds

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Aurora Empowerment Systems said it had no word yet on the R50m interim funds expected from Swiss investment group, Global Emerging markets.