Great Basin in talks to bail out BEE partner
When it rains it pours for Great Basin Gold, which has had a C$50m share
placement interrupted by news its empowerment partner needs bailing out.
Teranga says Massawa project to deliver 40% lift in gold output,...
TERANGA Gold said the development of its Massawa-Sabodala project in Senegal would take total company production to more than 500,000 ounces of gold a...
Newmont CEO expects gold price to remain at “elevated levels” amid...
NEWMONT Mining CEO, Tom Palmer, expected the dollar gold price to remain "elevated" as government-backed stimulus efforts continued.
Palmer told Bloomberg News: "There are a...
Endeavour Mining promises rapid deleveraging ahead of clarity on dividend policy...
ENDEAVOUR Mining had embarked on a new chapter of debt reduction and cash flow generation following the commissioning of the firm's $402m Ity CIL...
DRDGold enters era of “aggressive” returns
DRDGold CEO, Niel Pretorius, promised shareholders there was more to come from the gold retreatment firm at current rand gold prices.
Resolute targets 500,000 oz in 2020 with 12% AISC reduction as...
RESOLUTE Mining said it had targeted gold production for the 2020 financial year at some 500,000 ounces at an all-in sustaining cost (AISC) of...
Endeavour to issue C$125m in shares as gears for high capex
TORONTO-listed gold producer Endeavour Mining has unveiled plans to bolster its balance sheet ahead of an acceleration in its West Africa organic growth ambitions,...
AngloGold unveils five-fold dividend lift, plots gold production growth to 2025
ANGLOGOLD Ashanti today declared a five-fold increase in the full-year dividend and set out plans for 5% higher annual gold production by 2025.
These measures...
Pan African revamps capital programme after Mintails shows 533,000 oz in...
PAN African Resources has overhauled its capital expenditure plans following positive concept study results into Mintails, a large gold tailings deposit situated west of...
Boom times return for DRDGold
DRDGold shares are on the up as the marginal gold producer reports soaring profits from the booming rand gold price, with the prospect of plenty more to come if those prices hold up.