Resolute 2019 production falls short of target despite quick-fire recovery at...
RESOLUTE Mining reported 2019 production of 384,731 ounces which was slightly below its 400,000 oz target owing to disappointing numbers from the firm's flagship...
Gold exports from Tanzania rise 42% in year to November on...
HIGHER pricing and an increase in volumes saw Tanzania's earnings from gold exports rise 42% in the year to November, said Reuters.
Citing the east...
Resolute extends forward gold sales as bullion hits four month high...
RESOLUTE Mining has extended its forward sales to a total of 177,800 ounces for 2020, equal to about 44% of total production assuming 400,000...
Caledonia Mining defies Zimbabwe economic crisis with 9% quarterly dividend lift
CALEDONIA Mining defied difficult operating conditions in Zimbabwe to unveil a 9% lift to its quarterly dividend - an increase it said was motivated...
AngloGold Ashanti sells out of the Sadiola mine in Mali
AngloGold Ashanti has sold its 41% stake in the Sadiola gold mine in Mali for $52.5m in cash in conjunction with partner Iamgold Corporation...
Armed gang attacks Harmony’s Kalgold operation and kills security official
A SECURITY official has been killed in an unsuccessful armed attack on the gold plant at Harmony’s Kalgold mining operation in North West Province...
AngloGold pours first gold at Obuasi after five years of closure
AngloGold Ashanti has carried out the first gold pour at its Obuasi mine in Ghana so meeting CEO Kelvin Dushnisky’s forecast made in...
Kinross Gold secures $300m loan finance for phase two expansion of...
KINROSS Gold has secured $300m in finance for the expansion of its Mauritania gold mine, Tasiast, increasing gold production to an average of 563,000...
Endeavour declines to go hostile on Centamin merger after firms’ officers...
ENDEAVOUR Mining will not proceed to a hostile takeover of Centamin preferring instead to win the board over to its all-share merger proposal.
It has,...
Teranga Gold’s Young plans on double-quick repayment of $414m debt pile
TERANGA Gold intends to start mining the Massawa orebody in Senegal for a fraction of the $333m pre-production capital Barrick Gold estimated for the...