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Perseus Mining boosts interim net profit, lifts cash despite $99m capital...

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PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share. The year-on-year improvement...

Sawiris interested in entering Egypt’s mining sector after country liberalises industry

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NAGUIB Sawiris, the telecoms mogul-turned-gold bull, said he was interested in participating in Egypt's gold industry after the North African country started discussions with...

Sibanye-Stillwater to reinstate dividend in second half of 2020 after closing...

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SIBANYE-Stillwater would reinstate the dividend at the half-year point of the current financial year, said group CEO, Neal Froneman today. "We are seriously committed to...

Golden Star writes down Prestea for $56.8m ahead of assessing options

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GOLDEN Star Resources impaired the value of its loss-making Prestea mine in Ghana $56.8m following a restructuring of the operation which is aimed at...

Pan African sets about finance for R750m Egoli project as Loots...

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PAN African Resources issued an upbeat assessment of its growth options saying naming the R750m Egoli project as a potential iron in the fire. Cobus...

Barrick’s Bristow says Tanzanian human rights allegations must be heard in...

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BARRICK Gold CEO, Mark Bristow, said the company had asked human rights activists to take a claim regarding alleged abuses at the firm's Tanzanian...

Senegal waives pre-emptive right over Massawa as Teranga Gold ticks key...

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SENEGAL had waived a pre-emptive right over 25% in the Massawa Gold Project and agreed to the incorporation of the project into Sabodala, the nearby...

Asanko Gold emerges from year of transition, aims at 245,000 oz...

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ASANKO Gold has guided to 2020 production from its Ghana mine, Asanko Gold Mines, of between 225,000 to 245,000 ounces following higher than expected...

Gold Fields nails colours to SA saying it has no plans...

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GOLD Fields CEO, Nick Holland, nailed his company's colours to the South African mast, at least for the time being, telling media and analysts...

Gold Fields to raise $269m in book-build as opts to go...

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GOLD Fields has decided to go it alone with the development of its $860m Salares North, a project in Chile, announcing today a book-build...