Sibanye-Stillwater to lose billions of rands in prolonged gold strike –...
SIBANYE-Stillwater lost about R4bn in EBITDA when it last had a strike at its gold operations in 2018/19, which amounts to around R800m on...
B2Gold’s Otjikoto in 1,000 oz gold initiative aimed at supporting black...
B2GOLD has donated one thousand ounces of gold currently worth about $1.9m from its Otjikoto mine in Namibia in support of efforts to conserve...
Ghana targets massive increase in gold production
GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces.
Martin...
Hummingbird sets new date for commercial output at Kouroussa
HUMMINGBIRD Resources said it expected to reach commercial production at its Kouroussa mine in Guinea in the third quarter – nearly a year after...
Doubts remain over gold shares
The rand price of gold has risen close to 30% since January, yet analysts are unsure whether higher margins will rally local gold equity prices.
Gold price forecasts rise
Analysts have boosted gold price forecasts for this year and next due to persistent concerns over the euro zone debt crisis and the US recovery and debt.
Endeavour Mining continues growth momentum, but debt hiked up to $535m
ENDEAVOUR Mining was on course to register the upper end of its gold production guidance of 590,000 ounces for the 2018 financial year after...
Simmers shares on the rebound
Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.
Resolute’s Welborn says LSE the “right platform” for African-focused growth strategy
RESOLUTE Mining would debut on the London Stock Exchange on June 20 with ambitions of aggressively growing its annual gold production, said the firm's MD,...
Asanko to fast-track Akwasiso, plans mine update in June
ASANKO Gold is to start mining the Akwasiso deposit at its Asanko gold mine in Ghana following government approval - a development management believed...