Allied Gold says Ambrosia deal a vote of confidence in Mali
ALLIED Gold, a Toronto-lister miner, has sold a 50% stake in its Mali mines to Emirati investor, Ambrosia Investments Holdings.
Ambrosia Investments will pay $375m...
DRDGold says gold, copper targets are often in risky areas
DRDGOLD CEO Niël Pretorius said the company is looking for new acquisitions including assets in regions that may be considered risky.
"We are specifically looking...
Sibanye-Stillwater to reopen Burnstone gold project
SIBANYE-Stillwater is to considering reopening its Burnstone gold project in Mpumalanga province following an improvement in the gold price.
"We are reconsidering it," said Neal...
Sibanye-Stillwater says US to grant R4.8bn in metals subsidies
SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its US platinum group metal...
Barrick Gold signs new agreement with Mali to end dispute
BARRICK Gold has signed a new agreement with Mali that could bring a two year dispute between them to an end provided it is...
Gold Fields sees smooth pathway for Windfall project
APART from having to manage and co-exist with caribou on the Windfall property in Quebec, Gold Fields does not anticipate encountering the same environmental...
Sibanye-Stillwater to impair US mine for R8.79bn
SIBANYE-Stillwater said in a trading statement on Wednesday that it would write-down its US-based Stillwater palladium/platinum mine by about R8.79bn.
The impairment stems from a...
AngloGold upgrades payout policy to 50% of free cash flow
ANGLOGOLD Ashanti has capped a strong year of share price gains unveiling today an upgraded dividend policy in which it would pay 50% of...
DRDGold weighing AI in effort to cut gold theft
DRDGOLD was examining how by using artificial intelligence systems it could improve crime prevention – an increasing hazard for gold miners especially as the...
Froneman to announce retirement from Sibanye-Stillwater
THE Board of Sibanye-Stillwater is in the final stages of a process to find a successor to Neal Froneman, the founding CEO of the...