Barrick to record ‘material impairment’ of Acacia investment as predicament worsens
BARRICK Gold said it would impair its 63.9% investment in Acacia Mining this quarter following a due diligence of the UK-listed firm's Tanzanian mines...
Resolute’s Welborn says LSE the “right platform” for African-focused growth strategy
RESOLUTE Mining would debut on the London Stock Exchange on June 20 with ambitions of aggressively growing its annual gold production, said the firm's MD,...
Swiss refiner Metalor commits to working with large gold producers in...
EFFORTS to control trade in illegal gold mining took another step forward this week after one of the world's biggest gold refiners, Switerland's Metalor,...
Barrick takeover deadline for Acacia extended to July 9 to allow...
SHAREHOLDERS in Acacia Mining will be kept waiting until July 9 before knowing if Barrick Gold intends to advance the all-share takeover offer proposed in...
UK hedge fund, Odey, to reject Barrick first and final offer...
THERE was a further sign that opposition is growing to Barrick Gold's offer for shares it doesn't already own in Acacia Mining after Odey...
Gold strike behind mining production annual fall for six successive quarter...
SOUTH African mining production contracted for the sixth successive month in April with the latest bad news blamed on a gold strike at the...
Gold a bit part player for Sibanye-Stillwater for next two years...
A FIVE month strike, the merger with Lonmin, and restructuring means Sibanye-Stillwater will derive only a fraction of pre-tax earnings from gold production this...
Trade war tensions may see gold price edge up to $1,400/oz,...
THE price of gold may move up to $1,400 per ounce this year amid trade war tensions and a weaker global economic outlook, said...
Barrick’s Bristow seeking generalist investment in effort to win back gold...
BARRICK Gold was hoping to attract a broad base of investors beyond traditional gold followers in order for it to improve its industry relevance,...
Gold miners flock to Ghana which takes mantle as Africa’s largest...
GHANA is forecast to consolidate its position as Africa's largest gold producer taking a mantle longed possessed by South Africa, said Bloomberg News.
The proposed...