AngloGold mystified by Ghana government apathy
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, believes the integrity of the Obuasi orebody in Ghana is intact notwithstanding the prolonged invasion by hundreds of illegal...
Woodyer, founding CEO of Endeavour Mining, to step down
NEIL Woodyer, the founding CEO of Endeavour Mining, is to resign his executive duties at the 550,000 ounce-a-year gold producer, the company said in...
AngloGold’s Venkat confident mining charter will be ‘modified’
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, said he had "high expectations" that discussions with the South African government would result in a modified version of...
AngloGold takes Obuasi social crisis to US arbitration
ANGLOGOLD Ashanti has sought international arbitration in order to save operations at Obuasi following a deterioration in security at the mine, situated in Ghana.
In...
Metallon battles against power faults, new currency regime
INCESSANT power outages have stymied Metallon Gold's operations in Zimbabwe after the gold producer saw production fall 15% in the March quarter. Some 4,275...
Randgold facing job of work to meet 1.25m oz target
RANDGOLD Resources would have to record average quarterly production of 320,000 ounces over the next three quarters if it was to meet the bottom...
Endeavour’s Karma may move output to 600koz + in 2016
ENDEAVOUR Mining estimates its newly acquired Karma project, a property in Burkina Faso, will help boost 2016 production by about 100,000 ounces to just...
DRDGold flies after surprise third quarter 38c payout
SHARES in DRDGold were up nearly 12% in early trade on the Johannesburg Stock Exchange after the company paid out a third quarter dividend...
Sibanye cash generating power priced in, say analysts
SIBANYE Gold doubled revenue in the March quarter year-on-year to R6.7bn and cut net debt by more than half owing to an increase in...
Tax charge takes shine off Acacia output lift
Tanzanian gold miner Acacia Mining’s ongoing dispute with tax authorities has seen it make a $70m provision and agree to make forward payments to...