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Wits Gold ready to develop, says new CEO

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Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.

Centamin reports 13% increase in measured and indicated reserves at Egypt...

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CENTAMIN said it had increased measured and indicated reserves at its Sukari gold mine in Egypt for the second successive year including reserves in the...

Village Main’s Buffels may get the chop

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The future of Village Main Reef’s Buffelsfontein mine is once again up in the air following an announcement that the group has embarked on a review of the viability of the mine.

DRDGold CEO Niel Pretorius puts his money where his mouth is

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DRDGold shares have been sliding since the end of January - despite a temporary boost in late March when shareholders agreed the Sibanye-Stillwater...

SA gold mines “mired in crisis” says JP Morgan

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The beneficial effect of the collapse in the rand against the US dollar is not going to be enough to save South Africa's gold mines this time around.

Barrick got “a way to go” before convincing market merger returns...

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MARK Bristow said his company Barrick Gold had "a way to go" before it could convince investors its improved financial performance was sustainable. "Our share...

Centamin confident Sukari will gain H2 momentum as prepares market for...

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CENTAMIN, a UK-listed gold producer operating the Sukari gold mine in Egypt, said second quarter production was 117,913 ounces, taking half-year production to 234,096...

Ante upped among world’s smaller gold firms as capital allocation becomes...

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THE increase in merger and acquisition activity among the world’s largest gold producers would pressure smaller industry players to consider similar moves in order...

Endeavour to sell Nzema for $65m, lowers output guidance

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TORONTO-listed Endeavour Mining is to sell its 90% stake in its Ghanaian gold mine Nzema for $65m to BCM International, a mining and civil...

NUM strike is drawing to close, say reports

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Reports continue to suggest the NUM is calling an end to a gold industry strike after a pay offer of about 8% is being discussed.