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Renova in rival bid for Ezulwini – report

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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

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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

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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

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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

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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

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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

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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’

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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

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AngloGold Ashanti has sunk to its lowest level in 12 months as the company’s first-quarter output fell short of guidance.

Randgold Resources surges on Mali settlement

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Randgold Resources' share price is catching up on lost ground following the political settlement in Mali.