Hummingbird hit with fresh crisis at Kouroussa mine in Guinea
HUMMINGBIRD Resources may have to throw itself at the feet of its lenders again, principally Coris Bank following a dispute with its main mining...
Barrick says 2023 gold output replaced through own resources
BARRICK Gold more than replaced gold production in 2023 increasing gold reserves to 77 million ounces.
Commenting in the the firm's annual report, CEO Mark...
SA Revenue Service closing in on gold smuggling – report
SOUTH African gold refiner Rappa Resources has been ordered to hand over documents to the country's revenue service regarding a potential R4bn tax liability.
According...
Some gold miners not yet cashing in on record metal price
THE gold price has gained a fifth since the start of the year but the companies that mine that metal are not getting recognition,...
Blyvoor Gold announces plans to list on Nasdaq
PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...
Ramos to step down from AngloGold Ashanti board in May
ANGLOGOLD Ashanti said on Friday chairperson Maria Ramos is to retire in May. She will be replaced by Jochen Tilk, currently an independent non-executive...
Gold Fields finalises $170m sale of stake in Ghana’s Asanko mine
GOLD Fields said on Tuesday it had completed the sale of its stake in Asanko Gold Mine in Ghana to joint venture partner Galiano...
Sibanye-Stillwater may deepen cuts after slashing costs R6.6bn
SIBANYE-Stillwater will consider additional restructuring of its operations after outlining on Tuesday R6.6bn in capital expenditure cuts in the last 12 months amid plungeing...
Sibanye-Stillwater to call for calm as funding fears circulate
IF platinum group metal (PGM) prices stay at their current levels this year, one bleak forecast says, Sibanye-Stillwater will break its lender covenants. To...
Harmony scans SA for uranium as targets lift in fuel’s output
HARMONY Gold is looking at increasing uranium production through third party supply and by improving the capacity of its processing facilities.
"There are quite a...