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...
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...