Illegal gold mining, assisted by rangers, on the rise in Zimbabwe...
ILLEGAL gold mining in an ecologically sensitive region of Zimbabwe has spiked and has the cooperation of the people employed to protect the area,...
Golden Star extends credit facility to $70m as convertible bond date...
GOLDEN Star has extended a credit facility by $20m to $70m in order to tackle the possible repayment of a convertible debenture that falls...
Answer to Harmony Gold’s growth ambitions may still be best found...
HARMONY Gold’s declaration that it would re-tool its African growth strategy seems interestingly timed as executives throughout the industry have adopted a position of...
Miscue in DRC mining code delaying repatriation of $500m to Barrick,...
BARRICK Gold and AngloGold Ashanti have still not received the payment due to them of some $500m in profits from their jointly-owned Kibali gold...
Froneman won’t “speculate with shareholders’ money” despite “spectacular” PGM project
SIBANYE-Stillwater CEO, Neal Froneman, said he could not "speculate with shareholder money" by approving a new platinum group metal (PGM) expansion without a fundamental...
Ghana suspends planned listing of $500m gold royalty fund on governance...
GHANA has suspended the $500m listing of a gold royalty fund owing to concerns raised by the main opposition party, the National Democratic Congress,...
Caledonia Mining expects to unveil first deal in expansion strategy by...
CALEDONIA Mining expected to announce the first acquisition of an expansion strategy in its Zimbabwe base by year-end, said Bloomberg News, citing the company.
Caledonia...
Caledonia Mining tweaks full-year production guidance after record third quarter
CALEDONIA Mining increased full year production guidance to between 55,000 and 58,000 ounces with only three months to go before the conclusion of its...
Gold exports rise from Ethiopia as country looks to capitalise on...
ETHIOPIA is the latest country in Africa to start buying up artisanal gold in an effort to capitalise on the improvement in the metal's...
Centamin to take gold output hit after ground shifts at Sukari,...
CENTAMIN will produce up to 15% less gold than planned for its 2020 financial year after the company suspended mining activities amid safety concerns...