Shanta Gold board gives support to $141m all cash takeover offer
TANZANIAN gold mining company Shanta Gold said in December it had received a $141.95m all-cash takeover offer effectively taking the company private.
The offer, equal...
B2Gold bullish on 2020 but draws $250m, may review discretionary capital...
B2GOLD was on track to meet production guidance of one million to 1.05 million oz of gold for its 2020 financial year, but said...
Wits Gold delivered on a plate to Sibanye
At the end of the day, Wits Gold just ran out of cash and avenues to raise more effectively presenting itself on a plate to Sibanye Gold.
AngloGold in talks to sell Córrego do Sítio to Jaguar Mining,...
ANGLOGOLD Ashanti is in discussions to sell its Córrego do Sítio operations in Brazil which are operated by subsidiary AGA Mineração, according to a...
Golden Star hoping for Prestea turnaround after cutting staff numbers in...
GOLDEN Star anticipated an improved performance from its Prestea mine in Ghana during 2018 after cutting the mine's workforce in the fourth quarter.
Production from...
Panaf revealed as mystery bidder for stricken ASA Resource Group
PAN African Resources (Panaf), a JSE-listed gold producer, has emerged as the company interested in buying the assets of Zimbabwe's ASA Resource Group, a...
Harmony to delay year-end numbers to Sept. owing to Covid-19 precautions
HARMONY Gold has delayed the publication of its year-end operating and financial numbers to mid-September owing to Covid-19 restrictions, the company said today.
Commenting in...
Prestea deal will make Golden Star “an attractive counter party”, says...
GOLDEN Star would become "an attractive counter party" in the African gold sector after selling its Prestea gold mine in Ghana, said CEO Andrew...
Clever, ruthless & lucky: the Froneman factor
Neal Froneman, CEO of Sibanye Gold, has cut a wide swathe in the South African mining market since listing his firm in 2013. And he's only just started.
Barrick’s Bristow calls Mali dispute “biggest challenge”
MARK Bristow describes the impasse with Mali's government over its allegations of unpaid taxes as the most stressful situation he's had to manage.
That's saying something....