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El-Raghy to relinquish executive duties at Centamin in 2018

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CENTAMIN unveiled a number of board and management changes including the proposed retirement of Josef El-Raghy, the company's executive chairman who was responsible for steering...

Centamin targets 580,000 oz for 2018 after hitting 2017 guidance

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EGYPTIAN gold mining firm, Centamin, slightly exceeded full-year production guidance, and said it would lift output again in the current financial year. Fourth quarter production...

Endeavour closes sale of non-core Ghana mine, Nzema

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ENDEAVOUR Mining said it had closed the sale of its 90% interest in the Ghana mine, Nzema, a transaction first announced in August. The...

Banro re-opens Namoya after road damaged in clashes repaired

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A MODICUM of pressure has been taken off beleaguered Toronto-listed gold producer, Banro Corporation, which said that production at its Namoya mine would resume,...

Golden Star resumes at Prestea after two employees perish

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PRODUCTION resumed at Golden Star Resources' Prestea underground mine in Ghana on January 1 following an accident in which two employees perished. "We are conducting...

Gold kicks off 2018 with vigour but rand strength hurts SA...

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THE price of gold was tipped to continue improving this year as investors were reticent to factor in increases in Federal Reserve interest rates,...

Hummingbird Resources to end 2017 on high note after upgrades

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HUMMINGBIRD Resources is set to end 2017 on a high note after two stockbrokers upgraded the Mali gold firm's shares. The UK-listed firm announced its...

Acacia secures $45m cash boost as Gordon, Wray bid adieu

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ACACIA Mining shored up its balance sheet further by agreeing to sell a 2% net smelter royalty in the Houndé mine in Burkina Faso...

Blyvoor Gold set to start construction in January

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Peter Skeat’s project to re-open the former Blyvooruitzicht (Blyvoor) gold mine should finally get the green light in January after a string of funding...

Hummingbird to pour first gold at Yanfolila before year-end

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London-listed junior miner Hummingbird Resources expects to pour the first gold at its Yanfolila mine in Mali by the end of December after starting...