“We’re ahead at South Deep for first time since I can...
NICK Holland has received a few knocks in his eight years as CEO of Gold Fields including an investigation by the US Securities Regulation...
Sibanye may shut Cooke 4 as losses put complex at risk
SIBANYE Gold has raised the prospect of closing its Cooke 4 mine and Ezulwini gold and uranium processing plant, west of Johannesburg, which was...
M&A ‘flurry’ in Africa mirrors gold’s new found popularity
THE improvement in the gold price has precipitated a flurry of merger and acquisition activity in the sector, especially in Africa – a development...
Resolute to lift Syama output 25% to 250,000 oz
AUSTRALIAN-listed gold producer, Resolute Mining, has approved the $95m extension of its 80%-owned Syama gold mine in Mali which will increase production a quarter...
High flying AngloGold redeems $471m in 2020 bonds
HIGH flying after a 22% recovery in the dollar gold price this year, AngloGold Ashanti has cancelled $471m in debt through the early redemption...
RioZim plans to become Zimbabwe’s largest gold producer
ZIMBABWEAN firm, RioZim is looking at acquisitions to lift gold output and become the largest producer of bullion in the country, a company official...
Barrick may drive gold consolidation as market looks up
ACTIVITY among West Africa's junior gold producers continues to tick along with interesting news flow this week that has seen two successful capital raisings...
Endeavour to issue C$125m in shares as gears for high capex
TORONTO-listed gold producer Endeavour Mining has unveiled plans to bolster its balance sheet ahead of an acceleration in its West Africa organic growth ambitions,...
Glencore takes 2016 disposals to $3.2bn after ags deal
GLENCORE took asset disposals this year to $3.2bn following an agreement to sell a further stake in its agribusiness for $624.9m.
The Swiss-headquartered mining and...
Gold Fields refinances balance sheet as M&A looms large
GOLD Fields claimed to have achieved "a key milestone" in its balance sheet management, announcing today it had refinanced $1.44bn in credit so that...