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Kinross approves $150m Tasiast second phase project, seeking 40% production uplift

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KINROSS Gold Corporation is to proceed with the second phase development of its Mauritania mine, Tasiast, at a capital cost of $150m, the Toronto-listed...

Gold Fields lifts gold reserves 5pc

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Gold Fields said gold reserves increased 5% to 80.6 million ounces assuming a gold price of $1,300/oz.

West African Resources heading for gold output of 280,000 oz from...

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WEST African Resources said it expected to achieve the upper end of full year gold production guidance at its Sanbrado mine in Burkina Faso...

Gold reclaims safe haven status as COVID-19 leads to “massive currency...

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GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...

VMR stays retrenchments until after COVID-19 lockdown after meeting with mines...

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VILLAGE Main Reef (VMR) has postponed retrenchments at its Tau Lekoa and Kopanang mines in South Africa until after the COVID-19 lockdown, said Reuters. This...

Endeavour breaches net debt target as gold output falls 22%

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WEST African gold producer Endeavour Mining’s production dropped 22% in the quarter to end-March compared with the December 2023 quarter negatively affecting its production...

AngloGold’s Venkatakrishnan dampens dividend talk

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AS a former director in the reorganisation services of auditing firm, Deloitte & Touche, it seems quite natural that Srinivasan Venkatakrishnan should be the...

Centamin to remain under pressure whilst management credibility deficit continues

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SHARES in Centamin could remain under pressure for the foreseeable future unless the company was able to set out a short- to medium-term production...

AngloGold sells Brazil mine Serra Grande for $76m

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ANGLOGOLD Ashanti said on Monday it had agreed the sale of its Brazil mine Mineração Serra Grande (MSG) which will be acquired by Aura...

Refinery workers strike over wages, polygraphs

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More than 300 employees at Rand Refinery are currently on strike after negotiations over higher wages and the banning of polygraph tests deadlocked.