Centamin more than doubles first quarter profit at Sukari
CENTAMIN, the UK-listed gold producer which operates the Sukari mine in Egypt, more than doubled its first quarter profits owing to higher production, better...
DRDGold to expand Ergo production
DRDGold is to spend R250m to increase gold production through improvements to its
Ergo treatment plant to raise gold recovery rates.
Barrick’s Bristow floats plan with Senegal president Macky Sall to consolidate...
CONSOLIDATION of the gold industry in Senegal in which Barrick's Massawa project could become part of a larger operating complex shared by other gold regional...
Pan African produces solid first half numbers as prepares groundwork for...
PAN African Resources recorded higher production for the six months ended December, and made significant in-roads into net debt on a year-on-year basis, reducing...
‘When it comes to M&A people just shoot in the dark’...
BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...
Tanzania takes Acacia to brink with billions of dollars in unpaid...
SHARES in UK-listed gold producer, Acacia Mining, were under renewed pressure today after it announced potentially disastrous recommendations by the Tanzanian government based on...
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.
Pan African points to low cost gold amid Evander restructure talks
PAN African Resources, currently involved in restructuring discussions at its loss-making Evander Gold Mines, sought to highlight the upside of its activities, saying that...
Allied’s Marrone targets consolidation of African gold
THERE'S a new kid on the block in African gold mining – Allied Gold – and the company is looking to fundamentally change the...
AngloGold to raise up to $1bn in corporate bond
AngloGold Ashanti said it would raise between $750m and $1bn in a corporate bond which it would use to de-stress its balance sheet.