Harmony on course to beat 1.05m oz gold output target
HARMONY Gold was on course to exceed full-year guidance of 1.05 million ounces in gold production after announcing it had produced 8% more gold...
Golden Star to meet production guidance by extracting higher yields for...
GOLDEN Star said it would meet production guidance for its 2021 financial year of between 165,000 and 175,000 ounces of gold by achieving higher...
VMR stays retrenchments until after COVID-19 lockdown after meeting with mines...
VILLAGE Main Reef (VMR) has postponed retrenchments at its Tau Lekoa and Kopanang mines in South Africa until after the COVID-19 lockdown, said Reuters.
This...
Sibanye-Stillwater issues “dire” outlook for SA precious metals if power curtailments...
SIBANYE-Stillwater warned continued power curtailments in South Africa at the current rate will have "dire" consequences for the country in which marginal shafts will...
Bristow confident Kabila will heed plea on DRC mining code reform
RANDGOLD Resources CEO, Mark Bristow, has met personally with Joseph Kabila, the president of the Democratic Republic of Congo (DRC), as part of the...
Minorities in U-turn on First Uranium deals
The sale of gold producer First Uranium’s key assets is close to a done deal after
a block of minority shareholders ran out of options in a battle to stop the
transactions.
Congo army said to be smuggling gold
Congolese army officials were allegedly smuggling gold through Burundi to Dubai,
according to a report by Global Witness.
The catch and pass strategy of Resolute Mining’s John Welborn
John Welborn is a former Wallaby rugby player and played for the Sharks in South Africa, so sporting allusions tend to run deep.
For him,...
Gold hedging makes Q1 come back despite price optimism
GOLD hedging – selling gold at a pre-determined price before it is mined - became a dirty couple of words in the mining industry...
Barrick shareholders give resounding thumbs up to Randgold marriage
THE proposed merger of Barrick Gold with Randgold Resources took an enormous forward step today after 99% of shareholders in the Canadian miner voted in...