Great Basin’s Burnstone cash flow positive in 2012
Great Basin Gold said its Burnstone mine would produce up to 100,000 oz of gold in
2012 and keep cash costs to $1,000/oz - enough to make it cash flow positive from
the third quarter of the year.
The Return of the Pin-striped Bandit
Mark Wellesley-Wood - once famously described by the late Brett Kebble as a "pin-striped bandit" - is back and on the warpath against Mwana Africa.
Sibanye-Stillwater to ask court to declare AMCU strike unprotected after union...
SIBANYE-Stillwater is to ask the Labour Court to declare a four-month long strike at its South African gold mines by the Association of Mineworkers...
Tribunal gives nod to Sibanye Cooke 4 restructure
South Africa's Competition Tribunal approves the restructure of Cooke 4 by Sibanye Gold which said it could now derive a R50m profit from the asset.
Yamana tells shareholders to vote against Gold Fields offer in blow...
GOLD Fields' chances of landing Yamana Gold receded further today after the Toronto-listed firm switched its recommendation to a rival joint offer that emerged...
Hummingbird to rub out bank debt as sets sights on adding...
HUMMINGBIRD Resources moved into a net cash position at the year-end and said it would pay down all of its debt by the second...
AngloGold project Quebradona has permit ‘archived’ by Colombian authorities
ANGLOGOLD Ashanti said Colombia authorities had 'archived' an environmental permit application for its proposed Quebradona copper and gold project.
While the gold producer is entitled...
Orkney’s new knight in Chinese armour
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.
Missing workers found following “security incident” at IamGold’s Burkina Faso mine
TWO people employed at IamGold's Essakane mine in Burkina Faso were located after they went missing following a security incident on Friday, said Mining...
AngloGold may save Kopanang after signing sale memorandum
ANGLOGOLD Ashanti may save its loss-making Kopanang, a gold mine west of Johannesburg, from closure after signing a memorandum of understanding (MoU) with an...