Shanta Gold launches $14m book-build to fund Helio takeover
Shanta Gold, a UK-listed mining firm operating in Tanzania, is to raise $14m through a share book-build the proceeds of which will be used...
Sibanye registers better luck with US union after NUM outrage
THREE days after being accused of barbarism by the National Union of Mineworkers (NUM), Sibanye Gold registered better luck with the major union at...
Acacia hopeful Govt talks will “rebase operating environment”
NEGOTIATIONS between the Tanzanian government and Acacia Mining - along with its major shareholder Barrick Gold - had yet to start, but Acacia would...
Tanzania takes Acacia to brink with billions of dollars in unpaid...
SHARES in UK-listed gold producer, Acacia Mining, were under renewed pressure today after it announced potentially disastrous recommendations by the Tanzanian government based on...
Strike, illegal mining sees Sibanye dismiss Cooke employees
SIBANYE Gold said it had dismissed workers at its Cooke gold operations, west of Johannesburg, following several days of unprotected strike action related to...
Acacia export ban a consequence of populism and bad blood
IT can't be in the interests of the Tanzanian government to see Acacia Mining close its Bulyanhulu mine, but that's exactly the consequence of...
Asanko bolsters balance sheet in effort to claw back confidence
ASANKO Gold CEO, Peter Breese, delivered a robust response to a report last week that cast aspersions on the ability of the New York-listed...
Acacia defends balance sheet despite $116m cash outflow
ACACIA Mining's cash balance had fallen about $116m in the last two months amid a stand off with the Tanzanian government which has embargoed...
Asanko kicks back against Muddy Waters’ ‘smear’ allegation
ASANKO Gold kicked back against a report which said the company's Asanko gold mine in Ghana had flawed geology and that it would require...
Acacia facing mine closures as “irrational” Tanzania maintains ban
ACACIA Mining may be facing curtailment or closure of up to two thirds of its annual gold production owing to a dispute with the...