Harmony to launch investigation as Kusasalethu returns to work
WORKERS at Harmony Gold's West Rand gold mine Kusasalethu returned to surface last night rather than spend a second a night underground with the...
1,700 miners launch illegal sit-in at Harmony’s Kusasalethu
ABOUT 1,700 employees at Harmony Gold's Kusasalethu gold mine west of Johannesburg have embarked on an underground sit-in which the company said was illegal.
"The...
Centamin to exceed payout hopes as Sukari shoots lights out
EGYPTIAN gold miner, Centamin, kicked off 2017 in style announcing preliminary 2016 output from its Sukari gold mine of 551,036 ounces - in excess...
Banro facing share consolidation if fails to add vim to price
BANRO Corporation has six months to conduct a share consolidation or add fresh vim to its share price, the company said in an announcement...
Hummingbird awards $112m Yanfolila mining contract to AMS
UK-listed gold mining development firm, Hummingbird Resources, said it had appointed a $112m mining contract for its Yanfolila project in Mali to African Mining...
AngloGold takes organic growth route with Tropicana output lift
ANGLOGOLD said it would increase gold production from its Tropicana mine in western Australia after extending the mineral reserves of the operation some 45%.
Annualised...
Hummingbird fully funds $88m Yanfolila gold project
HUMMINGBIRD Resources has fully-funded its $88m Yanfolila gold project which is situated in west Africa's Mali following a $45m debt package, and $10m cost...
Gold Fields swaps royalty deals for 32% in Maverix Metals
GOLD Fields has exchanged a portfolio of eleven royalties it receives, which generated $6m last year, for a 32% stake in Maverix Metals, a...
Pan African gives green light to R1.74bn Elikhulu project
PAN African Resources has approved spending of R1.74bn on its Elikhulu Tailings project in Mpumalanga province - a venture that would yield 56,000 ounces...
Anglo concludes sale of Exxaro Resources stake for R3bn
ANGLO American confirmed it had sold its 9.7% stake in Exxaro Resources for R3bn ($215m) or some R87/share representing a 10% discount to Exxaro's...