Hummingbird ends 2019 “on a high”, targets aggressive ‘deleveraging’ for 2020/21
HUMMINGBIRD Resources had "ended on a high" following another stable period of production at its Yanfolila gold mine in Ghana, the company said in...
Endeavour Mining drops proposed takeover of Centamin lack of sufficient information
ENDEAVOUR Mining has terminated merger discussions with Centamin - which operates the Sukari gold mine in Egypt - so dropping the "possible all-share offer"...
Resolute confirms reports in talks to sell Ravenswood to EMR for...
RESOLUTE Mining confirmed media speculation in Australia on Monday it was in advanced negotiations to sell its Ravenswood mine to private equity firm, EMR...
Caledonia’s Curtis expects 2020 to be “landmark year” as firm posts...
CALEDONIA Mining expected 2020 to be "a landmark" year for the Zimbabwean gold producer after reporting higher than guided production of 55,182 ounces in...
Resolute targets 500,000 oz in 2020 with 12% AISC reduction as...
RESOLUTE Mining said it had targeted gold production for the 2020 financial year at some 500,000 ounces at an all-in sustaining cost (AISC) of...
Centamin Q4 production number may put pressure on Endeavour to lift...
CENTAMIN lifted production 50% in the fourth quarter, a performance that would put pressure on Endeavour Mining to lift its bid for the Egyptian...
Sibanye-Stillwater takes up bargain R1bn option to lift stake in DRDGold...
SIBANYE-Stillwater has extended its stake in DRDGold to 50.1% in terms of an option agreement signed in 2017.
The precious metals producer bought a 38.5%...
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...