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Randgold “came close” to major gold deal – Bristow

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RANDGOLD Resources "went close" to a large corporate deal with another large gold company last year as company valuations plummeted, said the UK-listed gold...

Hummingbird raises $67m for Mali’s Yanfolila gold project

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UK-LISTED gold development firm, Hummingbird Resources, has raised $67m in a share placement for Yanfolila, a gold project in Mali it bought from South...

Gold hedging makes Q1 come back despite price optimism

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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

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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

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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

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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

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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

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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

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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

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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...