Resolute shares plummet on firm confirms CEO’s detention
SHARES in Resolute Mining fell nearly 32% by mid-morning on Monday after the company confirmed its CEO had been detained in Mali.
Resolute said in...
Cockerill warns West Africa not to follow SA’s mining code
ENDEAVOUR Mining CEO Ian Cockerill has warned West African nations not to repeat the mistakes of South Africa by introducing regulations that will hurt...
Sibanye-Stillwater signs one-year wage deal for gold mines
SIBANYE-Stillwater on Monday announced a one-year wage agreement with unions at its South African gold mines, comprising a 5.5% increase until end-June 2025.
Commenting on...
Resolute confirms CEO held in Mali amid “unsubstantiated claims”
RESOLUTE Mining confirmed its CEO Terence Holohan, and two company employees, were detained by government officials in Mali on Friday.
"The executives were in Bamako...
Silver has outshone gold and may do so again in 2025
DESPITE the euphoria surrounding gold this year, it's not the best-performing precious metal. That distinction belongs to the Cinderella of the shiny metals, silver,...
AngloGold Ashanti rebounds in Q3 with resounding profit
ANGLOGOLD Ashanti rebounded to a third-quarter profit on higher gold prices, after suffering a loss in the corresponding period due to restructuring costs and...
Barrick open to “slight skewing” of benefits to end Mali dispute
BARRICK Gold will agree to a "slight skewing" of economic benefits from mining in Mali's favour as it sought to resolve a tax dispute...
Gold Fields, AngloGold fail to make progress on Ghana JV
GOLD Fields and AngloGold Ashanti said on Thursday they were yet to make a breakthrough on a proposed joint venture in Ghana.
An agreement to...
Endeavour to increase focus on “supplemental returns”
IAN Cockerill, CEO of Endeavour Mining, said the company will increase its focus "on supplemental returns" following a one-fifth leap in third quarter free...
Hummingbird shareholder in takeover talks
HUMMINGBIRD Resources' major shareholder is considering converting the company's growing debt pile to shares and delisting the company.
The UK listed miner said on Wednesday...