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Egypt forecasts new gold deposit will attract $1bn in investment over...

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THE Egyptian government estimated $1bn would be invested developing a gold deposit in the southeast of the country, according to a report by Reuters. The...

Resolute’s Welborn expects to divest of Ghana mine Bibiani in 2020...

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RESOLUTE Mining intended to complete the sale of its Ghana mine Bibiani this year despite delays to a strategic review caused by the COVID-19...

Caledonia Mining lifts dividend again taking payout gains to 24% since...

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CALEDONIA Mining Corp., the Zimbabwe gold miner, said another lift in its quarterly dividend payment reflected its "continuing confidence" in its prospects notwithstanding the...

Harmony raises cash element of $300m Mponeng purchase from AngloGold Ashanti

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SHAREHOLDERS in Harmony Gold came to the party this week buying shares worth R3.47bn - about $200m - enough to provide the South African...

Harmony forecasts mines up and running fully only in August as...

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HARMONY Gold might not restore full mining at its South African operations until August as the return of migrant workers to the country was...

AngloGold in dispute with community over proceeds from Klerksdorp rock dump

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ANGLOGOLD Ashanti is embroiled in a dispute with people claiming that a gold dump in Klerksdorp was donated to them, a view the company...

PIC writes to AngloGold requesting information after CEO returns $800,000 bonus

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SOUTH Africa's government-owned pension fund, the Public Investment Corporation (PIC), said it had written to AngloGold Ashanti asking for details on what action it...

Sibanye-Stillwater may delay reinstatement of dividend whilst economics unsettled

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SIBANYE-Stillwater may keep shareholders waiting until after its interim results announcement in August before reinstating the dividend owing to the disruption posed by the...

Kinross overhauls Tasiast royalty agreement with Mauritania as sides end two-year...

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KINROSS Gold is to overhaul Tasiast mine’s royalty agreement with the Mauritania government that could see the Canadian firm double the royalty were the...

Gold smuggling alive and well as DRC’s eastern neighbours assist with...

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PROVINCES in the Democratic Republic of Congo (DRC) were doing a roaring trade in illegal gold smuggling, according to Reuters which cited a report...