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DRDGold’s Blyvoor out of financial distress

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DRDGold's Blyvoor underground mine was deemed to be out of financial distress, a judgement that opens the way for Village Main's all-scrip offer unveiled earlier this week.

SA gold firms may re-rate as Rand assists

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Gold shares were currently receiving a basket price in line with the gold boom in 2011 which could lead to some surprise fourth quarter figures.

Resolute targets 500,000 oz in 2020 with 12% AISC reduction as...

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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...

Gold One completes Rand Uranium buy

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Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.

DRDGold shareholders support Sibanye-Stillwater tailings deal

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DRDGOLD'S plans to lock in new gold tailings resources received a shot in the arm today after shareholders approved the acquisition of the West...

Centamin hits Q4 marks in sign of better things to come...

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CENTAMIN produced 472,418 ounces of gold from its Sukari gold mine in its 2018 financial year, some 13% lower than in the previous year...

Sibanye-Stillwater “seriously considering” making Covid-19 vaccinations mandatory

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SIBANYE-Stillwater was "seriously considering" making Covid-19 vaccinations mandatory on its South African and North American operations. Discovery, the medical scheme administrator company, was the first...

Great Basin sweetens $50m share placement

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Great Basin Gold has refashioned an earlier share placement, offering shares more cheaply and adding a half warrant per share as a sweetener to a disaffected market.

Ghana’s $3bn IMF bailout has derisked AngloGold JV, says Gold Fields...

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GOLD Fields said Ghana's $3bn credit agreement with the International Monetary Fund in May had derisked its proposed joint venture with AngloGold Ashanti which...

BEE group in new First Uranium bid

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BEE holdings group Kumvest, headed by Mandla "Bear' Kumalo, has submitted a proposal to keep embattled gold miner First Uranium running as a going concern.