Endeavour Mining calls off merger talks with Acacia
ENDEAVOUR Mining has called off its planned merger with Acacia Mining providing little details, but saying it could not derive "adequate value" from initial...
Panaf confirms 976 face chop at Evander as rand crushes margin
PAN African Resources (Panaf) confirmed up to 976 employees at its Evander Gold Mines would be retrenched after the firm served a Section 189...
Perseus clinches $40m in funds for Sissingué
PERSEUS Mining has clinched $40m in debt funding for the development of its Sissingué gold project in Côte d’Ivoire just under two years after...
Margin pressure grips SA gold mines as rand stands strong
THE volatility goes on for South Africa’s gold stocks.
After recording fresh 12-month highs mid-way through 2016, shares in the large counters such as...
Holland defends Gold Fields’ multi-billion rand project pipeline
A FEATURE of Gold Fields’ year-end results presentation last month was the degree of development risk the group is taking on in an effort...
Northam picks up Eland from Glencore for R175m in cash
NORTHAM Platinum is to buy the Eland Platinum mine from Glencore for R175m in cash, an operation that once formed the vanguard of Xstrata's...
Sibanye to reconsider dividends after SA Govt. hikes tax
SIBANYE Gold CEO, Neal Froneman, dropped a bombshell today saying he would reconsider the firm's dividend strategy after the South African government increased the...
Panaf weighs rights issue to finance part of R1.7bn Elikhulu
PAN African Resources CEO, Cobus Loots, would consider a rights offer to fund at least part of the balance of its R1.74bn Elikhulu project...
AngloGold resumes dividend as Obuasi, stoppage tensions ease
ANGLOGOLD Ashanti has broken its three-year dividend drought as the group reported continuing progress in a number of areas in the six months to...
Panaf downgrades gold output as suspends Evander for 55 days
PAN African Resources (Panaf) cut its full-year gold production guidance about 7% after it decided to suspend underground mining at its Evander mine in...