Barrick to record ‘material impairment’ of Acacia investment as predicament worsens
BARRICK Gold said it would impair its 63.9% investment in Acacia Mining this quarter following a due diligence of the UK-listed firm's Tanzanian mines...
Gold ETFs surge $23bn to highest quarterly increase on back of...
PURCHASES of gold-backed exchange traded funds (ETFs) surged $23bn in the first quarter - the highest quarterly increase in absolute dollar terms - and...
Harmony Gold wins approval for 100,000 oz/year expansion of Mine Waste...
HARMONY Gold said it had received regulatory approvals to expand Kareerand, a deposition site as part of its Mine Waste Solutions (MWS) which was...
AngloGold cuts capex, launches projects review
AngloGold Ashanti would conduct a two to four-month review of its South African and
African projects amid a credit downgrade and lost production.
Nelson’s Xtract buys back the farm
Jan Nelson, CEO of Xtract Resources, has returned to Mozambique's Manica gold deposit, a prospect over which he ran the rule when head of Pan African Resources.
Gold backers seek higher dividends: JP Morgan
Most gold investors are looking for better dividends to be paid from available free cash flow, says JP Morgan Cazenove.
Pan African sticks to its SA knitting
Pan African Resources CEO Jan Nelson says South Africa is still the best country in
Africa in which to develop and run the kind of mining projects he’s looking for.
Strike contagion shuts down 40% of SA gold
AngloGold Ashanti confirmed its South African production had been interrupted as
strike action spread, a development that could prove catastrophic and involve
catalysing downsizing.
Egypt awards exploration blocks to Centamin, B2Gold, and Barrick Gold
EGYPT has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, said Reuters which cited the country's petroleum...
West Africa’s political whirligig won’t keep investment dollars from its gold
IN 1997, when Randgold Resources listed on the London Stock Exchange, about 2.5% of world gold production was being dug in West Africa, of...