Renova “offers $80m for Ezulwini’
UPDATED: First Uranium confirms Renova's offer. Russia’s Renova is said to be bidding $80m for First Uranium’s Ezulwini, trumping Gold One International’s earlier offer by $10m.
Renova in rival bid for Ezulwini – report
Russia’s Renova group has made a joint counter-bid for First Uranium’s
Ezulwini mine, Bloomberg reported on Friday.
Another blow for First Uranium shareholders
First Uranium’s shareholders will have to accept a smaller than previously
announced payout when the proposed sale of the group’s key assets is
completed.
Gold Fields increases Chucapaca investment
Gold Fields has increased the initial investment for its Peruvian Chucapaca project to
$1.2bn, the company's vice president for South American tells Reuters.
Grootvlei’s tailings dams still up for sale
Gold One International and Goliath Gold’s acquisition of the majority of
Pamodzi Gold’s East Rand assets did not include the historic gold dumps
situated on the properties.
Neal Froneman snaps up Grootvlei
UPDATED: Neal Froneman’s Gold One International and Goliath Gold have
confirmed the companies would acquire the liquidated Pamodzi Gold’s East
Rand assets for R70m.
Gold Fields output stays flat
Gold Fields has reported first-quarter production figures of 827,000 ounces, largely flat compared to Q1 2011's 830,000oz.
Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.
Gold: “Well south of $1,000’
Thomson Reuters GFMS metals consultancy’s Paul Walker has tempered his
firm’s optimism about the shorter-term prospects of gold with a stark warning.
AngloGold misses output guidance
AngloGold Ashanti has sunk to its lowest level in 12 months as the company’s
first-quarter output fell short of guidance.