Acacia lifts gold reserves at flagship North Mara mine 13%
ACACIA Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania,...
Shanta Gold buys West Kenya prospects from Barrick for $14.5m in...
SHANTA Gold is to buy gold exploration properties in Kenya from Barrick Gold for $14.5m in cash and shares in an effort to introduce...
Namibia approves Gold One deal
A deal to secure a major Chinese shareholder was a step closer for Gold One today after Namibia gave the thumbs up to proposed transaction.
Golden Star writes down Prestea for $56.8m ahead of assessing options
GOLDEN Star Resources impaired the value of its loss-making Prestea mine in Ghana $56.8m following a restructuring of the operation which is aimed at...
Acacia Mining directors take 10% salary cut
The Tanzanian gold miner also reduced its gold price assumption for reserves to $1,100/oz as it prepares for "a lower gold price environment".
Barrick Gold to unveil merger with Randgold Resources, say sources
BARRICK Gold Corporation is to unveil a proposal aimed at merging some of its gold mining operations with those of UK-listed Randgold Resources, according...
India nearly doubles gold import duty
India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.
Strike breaks out at Resolute Mining’s Syama mine over working rosters
THERE was fresh trouble for Resolute Mining after employees at its Syama mine in Mali went out on strike over Covid-19 related temporary layoffs...
Gold Fields targets 30% output lift at South Deep
Gold Fields is relying on its struggling South Deep mine in South Africa to do more of the heavy-lifting in 2016 as output from its other regions falls.
Soaring tax takes edge off Harmony earnings
HARMONY Gold expects that its earnings for the year to end-June will be between 57% and 77% higher at between R21,80 and R24,5 a share...