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Hummingbird’s mining contractor hits back in Kouroussa dispute

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THE mining contractor at the centre of a row with Hummingbird Resources said on Wednesday it had not been paid by the gold producer...

Is this the time to sell or stay bold on gold?

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SWISS bank UBS published a note on March 6 questioning whether the dollar gold price had run too hard, too soon. At the time the...

Sibanye-Stillwater open to JV on Burnstone gold project

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SIBANYE-Stillwater was prepared to sell its Burnstone gold project or bring it out of mothballs if a joint venture partner could be found for...

Sibanye-Stillwater concludes $155.9m Reldan recycling deal

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SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business. "The addition of Reldan, at...

Hummingbird hit with fresh crisis at Kouroussa mine in Guinea

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HUMMINGBIRD Resources may have to throw itself at the feet of its lenders again, principally Coris Bank following a dispute with its main mining...

Barrick says 2023 gold output replaced through own resources

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BARRICK Gold more than replaced gold production in 2023 increasing gold reserves to 77 million ounces. Commenting in the the firm's annual report, CEO Mark...

SA Revenue Service closing in on gold smuggling – report

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SOUTH African gold refiner Rappa Resources has been ordered to hand over documents to the country's revenue service regarding a potential R4bn tax liability. According...

Some gold miners not yet cashing in on record metal price

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THE gold price has gained a fifth since the start of the year but the companies that mine that metal are not getting recognition,...

Blyvoor Gold announces plans to list on Nasdaq

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PRIVATELY-owned Aurous is to list South Africa's Blyvooruitzicht (Blyvoor) mine on Nasdaq, announcing on Monday the mine's acquisition by blank cheque company Rigel Resource...

Ramos to step down from AngloGold Ashanti board in May

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ANGLOGOLD Ashanti said on Friday chairperson Maria Ramos is to retire in May. She will be replaced by Jochen Tilk, currently an independent non-executive...