Chinese capital may play role in mitigating Barrick Group’s African business...
ONE of the more important consequences of Randgold Resources' proposed $18.3bn merger with Barrick Gold will be the injection of Chinese capital into the combined...
Randgold targets “upper end” of 2017 production guidance
RANDGOLD Resources was on course for full-year gold production of 1.3 million ounces following a strong showing in the second quarter in which 341,316...
Sibanye unveils R50m profit plan for Cooke 4
Sibanye Gold unveiled plans to save jobs at its Cooke 4 section primarily through a new work cycle which will add up to R50m in profits a year.
SA mines minister, Gwede Mantashe, claims Sibanye-Stillwater “reckless” with BEE compliance
SIBANYE-Stillwater had fallen foul of the South African government’s empowerment legislation and was not compliant, said Gwede Mantashe, the country’s mines and energy minister.
Speaking...
Namib minerals plans $300m Zimbabwe mine revival
NAMIB Minerals intends to invest $300m in restarting two dormant gold mines in Zimbabwe, said Reuters citing Ibrahima Tall, CEO of Namib Minerals.
The...
Pan African keeps power dry as capex ramps up to R2.8bn...
PAN African Resources kept the full year dividend unchanged despite a robust performance for the 12 months ended June, opting to keep its powder...
Golden Star frees up deal potential after agreeing to sell Prestea...
GOLDEN Star Resources has agreed to sell its troublesome Prestea mine in Ghana to Future Global Resources (FGR) which will take on the mine's...
“We are clearly in elephant country,” says B2Gold’s Johnson of Fekola...
THE B2Gold stock price has soared to record levels above C$5 a share thanks to the successful delivery of the Fekola gold mine in...
Teranga lifts 2020 Wahgnion production guidance after out-performance of plant
TERANGA Gold Corporation, the West African gold producer, increased production guidance for its Wahgnion mine in 2020 to between 150,000 and 165,000 ounces -...
Gold Fields ‘distressed’ after survey uncovers rampant workplace bullying
GOLD Fields said it was "distressed" to learn the scale of bullying, racism, and sexual harrassment in the organisation following an internal review.
About 47%...