Caledonia hedges gold output as capital demands of Blanket expansion bite
CALDEONIA Mining Corporation, a company that operates Zimbabwe's Blanket mine, has hedged 100% of its gold production from February to June - some 22,500 ounces...
Sibanye earnings soar, but lowers 2016 gold output target
SIBANYE Gold downgraded its full-year gold production target following interruptions at its Driefontein mine west of Johannesburg, but said full-year share earnings would be...
Gold Fields suspends Tarkwa heap leaching
Gold Fields said it was seeking reopening of its heap leaching activities at
Tarkwa gold mine in Ghana after offering to build water treatment facilities
there.
Shanta’s Zurrin backs Tanzania to prove its worth despite turmoil
TANZANIA remains "... a good place for a mining company to operate", according to Eric Zurrin, the newly appointed CEO of London-listed Shanta Gold,...
Asanko, Gold Fields to make investment decision on Esaase in Q2
ASANKO Gold and Gold Fields would make "an investment decision" on Ghana's Esaase project in which the companies are joint venture partners in the...
AMCU boss Mathunjwa ends damaging five-month gold strike at Sibanye-Stillwater
JOSEPH Mathunjwa, president of the Association of Mineworkers & Construction Union (AMCU), told members assembled at the premises of Sibanye-Stillwater's West Rand gold mines...
Barrick’s Kibali on target for 750,000 oz gold output in 2019
BARRICK Gold said its Democratic Republic of Congo (DRC) gold mine, Kibali, which it owns in joint venture with AngloGold Ashanti, was on course...
Harmony Gold to conclude $230m purchase of Australian prospect, Eva Copper
HARMONY Gold said it had completed the $230m takeover of Eva Copper, a prospect situated in Australia's Queensland following approval by the country's Foreign...
SA gold firms ‘close to the wire’
Even without factoring in the effects of wage increases, the South African gold industry was teetering on the edge and would be burning cash after capital spend.
Pan African’s Evander to hit higher grades
Pan African Resources said low grades from Evander would reduce earnings by up to 80% for the 2014 financial year, but the picture was improved for this year.