Hummingbird’s Betts steps down amid strategic review
HUMMINGBIRD Resources announced on Friday an operational and strategic review in which it will cut costs, sell non-core assets and overhaul management, starting with...
Barrick shareholders give resounding thumbs up to Randgold marriage
THE proposed merger of Barrick Gold with Randgold Resources took an enormous forward step today after 99% of shareholders in the Canadian miner voted in...
Barrick surges on game-changer gold discovery
BARRICK Mining Corporation has witnessed its most dramatic share price surge in five years following revelations about a potentially transformative gold discovery in Nevada.
The...
Sibanye Gold targets 1.67m oz for 2015
Sibanye Gold produced record quarterly output in the fourth quarter taking full-year production to guidance of 1.59 million ounces.
Why Harmony should rethink Golpu options
Harmony Gold will not produce enough gold in South Africa to fund its share of the
$5bn Golpu development costs.
Blyvoor Gold set to start construction in January
Peter Skeat’s project to re-open the former Blyvooruitzicht (Blyvoor) gold mine should finally get the green light in January after a string of funding...
Du Toit leaves CRG as Chinese deals flounder
Year-long efforts by CEO Johan du Toit to sell Central Rand Gold to one of four Chinese investors for $150m have failed.
Village Main’s Buffels may get the chop
The future of Village Main Reef’s Buffelsfontein mine is once again up in the air
following an announcement that the group has embarked on a review of the
viability of the mine.
WGC’s Tait on a mission to overhaul gold’s reputation among bankers
GOLD ended 2022 pretty much where it started, at about $1,800/oz. That may look a pedestrian performance but compared to other asset classes gold did...
The catch and pass strategy of Resolute Mining’s John Welborn
John Welborn is a former Wallaby rugby player and played for the Sharks in South Africa, so sporting allusions tend to run deep.
For him,...