Gold hedging makes Q1 come back despite price optimism
GOLD hedging – selling gold at a pre-determined price before it is mined - became a dirty couple of words in the mining industry...
Sibanye hunting 300,000 oz/year African gold miner
SIBANYE Gold was targeting a 200,000 ounce to 300,000 oz/year African (non-South African) gold mine or producing company as it sought to bolster its...
Perseus nearing $80m debt deal for Sissingué
A debt finance package of up to $80m for the $106m Sissingué gold project in Côte d’Ivoire was imminent after "very, very good" discussions,...
Panaf to buy R545m stake in Shanduka Gold; issues shares
PAN African Resources (Panaf) is to raise R363.1m through a bookbuild with shareholders in South Africa and the UK in order to part pay...
Harmony considering West Africa gold expansion
HARMONY Gold is considering plans to expand in Africa in an effort to dilute the risk presented by its mature South African operations from...
Former Amara investors wait on Perseus UK listing
FORMER shareholders in Amara Mining, a UK listed company that merged with Australian firm, Perseus Mining, have been given the option of retaining their...
Gold Fields to approve $100m Damang expansion
GOLD Fields was set to approve the expansion of its Damang mine in Ghana with a final decision on the $100m project due within...
AngloGold self-help raises hopes of dividends resumption
THE invasion of hundreds of artisanal miners at AngloGold Ashanti’s Obuasi gold mine in Ghana is certainly distressing for the company, but analysts don’t...
SA gold mining silicosis liability could top $3.4bn – Investec
SOUTH Africa's gold mining industry could face up to $3.4bn in liabilities relating to a class action issued on behalf of mineworkers suffering from...
Gold miners net cash by 2018 as Goldmans ups price deck
ANALYSTS are throwing their weight behind a stronger gold market in the medium term with Goldman Sachs upgrading its dollar gold price deck by...