Centamin delivers ‘stellar’ dividend as Sukari beats guidance
CENTAMIN capped a good year paying a 13.5 US cents per share final dividend, described by Investec Securities as "stellar", and taking the full...
Shareholders throw weight behind Banro $207.5m refinance
BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...
Randgold in talks to end four day illegal sit-in at Tongon
TALKS to resolve an illegal sit-in by employees at Randgold Resources' Tongon mine in Côte d’Ivoire were underway, the company said in a statement.
The...
AngloGold will rely on law as it defends safety record, conduct
ANGLOGOLD defended its safety record, and its conduct with government, following critical comments by mines minister, Mosebenzi Zwane, who on January 25 said mining...
Anglo dispels 2015’s mood of despair as Q4 seals recovery
UK-listed mining group, Anglo American, produced a strong finish to its 2016 financial year with De Beers and its for-sale asset, the 70%-owned Kumba...
Lonmin leaks cash in Q1 as low productivity, absenteeism strike
LONMIN'S operational and financial woes deepened in the first quarter of its 2017 financial year in which it said it was losing money and...
Zwane hits back at Sibanye, AngloGold for refusing to obey law
SOUTH Africa mines minister, Mosebenzi Zwane, said he was concerned Sibanye Gold and AngloGold Ashanti were refusing to adhere to the country's laws in...
Endeavour’s gold output guided up to 10% higher in 2017
ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per...
Job cuts at AngloGold SA mines crucial precursor to reinvestment
THE viability of its current operation as well as several projects that would extend the lives of its South African mines partly rested on...
Acacia ‘has potential’ to beat dividend policy after strong year
ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...