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Harmony sets out stall ahead of $100m Moab deal capital call

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HARMONY Gold set its stall out ahead of asking shareholders to support a $100m (R1.4bn) capital raise saying the purpose of the exercise -...

AngloGold embarks on A$48m Tropicana gold expansion plan

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ANGLOGOLD Ashanti has approved the A$48m expansion and extension of gold production from its 70%-owned Tropicana gold mine, situated in western Australia. The group said...

Harmony to tap shareholders for R1.4bn to seal Moab deal

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HARMONY Gold confirmed it would tap shareholders for $100m (R1.4bn) in order to part pay for the $300m purchase of the Moab Khotsong mine...

B2Gold’s Mali gold mine, Fekola, kicks off life in auspicious style

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B2GOLD, the Toronto-listed gold producer, reported an auspicious start to the life of its newly commissioned Fekola gold mine in Mali, saying it had...

Pretorius won’t take DRDGold shareholders for granted in Sibanye deal

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DRDGOLD CEO, Niël Pretorius, said he would not take any chances in getting shareholders to support the proposed acquisition of gold-bearing slimes from Sibanye-Stillwater,...

South Deep downgrades could send Gold Fields on project hunt

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TRY as it might, Gold Fields is struggling to make ends meet at South Deep, its South African gold mine. Earlier this year, it...

DRDGold says it will not need rights issue to fund R2bn...

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DRDGOLD estimated the development of the West Rand Tailings Retreatment Project (WRTRP) would require R2bn in capital - a sum it could finance using...

Banro may go to the wall as it runs short of...

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BANRO Corporation, the Toronto-listed gold company, issued a blunt SOS today that it was running out of cash and funding options in order to...

Harmony Gold’s Kusasalethu hit by third strike of the year

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PRODUCTION at Harmony Gold's West Rand mine Kusasalethu has been interrupted again - for the third time this year - after workers embarked on...

Golden Star strides on, but analysts question Wassa hiatus

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GOLDEN Star Resources turned in record third quarter production from its Ghana operations, but analysts are cautious about the stock's prospects amid surprise news...