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Pan African guides to one fifth gold production lift in 2025

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PAN African Resources has forecast an increase in gold production of up to 21% as the first fruits of its $135m (R2.4bn) Mintails surface...

Sibanye-Stillwater confirms fatality in Driefontein fall of ground

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  SIBANYE-Stillwater confirmed an employee was killed in a fall of ground accident at its Driefontein mine, west of Johannesburg, this morning. The group's head of...

Randgold Q3 profit jumps to $122.9m

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Randgold Resources has posted a jump in third-quarter profit from the year earlier on an 80% surge in gold production and higher metal prices.

Moody’s takes a shine to AngloGold

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Moody's expects the elimination of its hedge position will boost AngloGold Ashanti's future operating profitability and cash flow generation.

Mali “coup’ knocks Randgold shares

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Shares in Randgold Resources are trading down 15% following reports from Mali that elements of the country’s military have mounted a coup attempt.

Acacia insists it declares minerals as Tanzania affirms export ban

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ACACIA Mining insisted it declared the value of all its exported minerals despite a report presented to Tanzania's president John Magufuli today which found...

AngloGold may produce up to 200k oz less gold following Covid-19...

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ANGLOGOLD Ashanti reinstated production guidance for its 2020 financial year after nearly a six month hiatus, saying it would register between 3.03 to 3.1...

Cash burn at South Deep hits R120m as Gold Fields laments...

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GOLD Fields had suffered cash burn of R120m to date as a result of a strike by the National Union of Mineworkers (NUM) -...

Perseus clinches $40m in funds for Sissingué

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PERSEUS Mining has clinched $40m in debt funding for the development of its Sissingué gold project in Côte d’Ivoire just under two years after...

Bid to liquidate Zuma, Mandela firm

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Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.