Endeavour to acquire the Kalana gold project in Mali
Canadian gold miner Endeavour Mining is to take over TSX-listed explorer Avnel in an all-share transaction which values Avnel at US$122m in order...
AngloGold to restructure Tau Tona, Kopanang affecting 8,500 jobs
ANGLOGOLD Ashanti is to start a Section 189 restructuring process at its Tau Tona and Kopanang mines potentially affecting 8,500 miners following prolonged unsustainable...
Gold Fields hedges Aussie gold as volatility risks capex plan
GOLD Fields has hedged three-quarters of its Australian gold production for the second half of its financial year owing to volatility in commodity prices...
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...