AngloGold may suspend Geita underground project – Moody’s
ANGLOGOLD Ashanti was likely to suspend the underground development project at its Tanzanian mine Geita and redeploy the capital to other low-cost mines in...
Acacia accepts 50% lift in royalty as Tanzania turns the screw
ACACIA Mining will comply with part of newly enacted legislation in Tanzania which increases revenue-based royalties to 6% from the previous levy of 4%.
The...
AngloGold turns to UN arbitration as law changes threaten Geita
ANGLOGOLD Ashanti joined Acacia Mining in entering into arbitration over legislative changes in Tanzania which entitles the East African country's government to renegotiate business...
Centamin output falls but starts to edge out of low grade...
CENTAMIN, the UK-listed gold producer that operates the Sukari gold mine in Egypt, said second quarter gold production would come in at 124,641 ounces,...
AngloGold shoulders broad enough to support SA mine cuts
THE pros and cons of AngloGold Ashanti spinning off its South African assets was given a repeat airing several months ago in a report...
Acacia initiates arbitration with Tanzania as fallout continues
ACACIA Mining has initiated arbitration proceedings with the Tanzanian government but added that it welcomed a separate line of talks between the state and...
Zwane appears to issue veiled warning to AngloGold Ashanti
AngloGold Ashanti spokesman Chris Nthite described a meeting held today with Minister of Mineral Resources Mosebenzi Zwane as “cordial” despite a government statement released...
Sibanye to restart operations at Cooke on July 3
Sibanye Gold will restart operations at the group’s Cooke shafts on July 3 following the end of an unprotected strike which started on...
Endeavour to acquire the Kalana gold project in Mali
Canadian gold miner Endeavour Mining is to take over TSX-listed explorer Avnel in an all-share transaction which values Avnel at US$122m in order...
AngloGold to restructure Tau Tona, Kopanang affecting 8,500 jobs
ANGLOGOLD Ashanti is to start a Section 189 restructuring process at its Tau Tona and Kopanang mines potentially affecting 8,500 miners following prolonged unsustainable...