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...
“Whoever builds first on Yamarna, controls it”: Gold Road’s Murray
GOLD Fields’ $270m (R3.6bn) investment in the Gruyere gold project, a venture in western Australia, takes total spending on new production over the next...
Blyvoor Gold to get “big green button push” in 2017
BLYVOORUITZICHT Gold (Blyvoor Gold) remains on track for the "big green button push" in May next year, according to chairman Peter Skeat who is...
Gold Fields cannily leaves door open for $1bn Kirkland return
GOLD Fields cannily left the door open for the takeover of Kirkland Lake saying it remained interested in relaunching the transaction "... in the...