Shares in Burkina Faso miners under pressure amid permit fears
BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing...
Barrick launches Lumwana copper expansion project
BARRICK on Wednesday started the development of its Lumwana super pit, a development that comes ahead of a $2bn expansion that is waiting on...
Tanzania to buy gold from miners at market prices
TANZANIA will buy gold at market prices in terms of a directive given to miners of the metal within its borders that they sell...
High flying Pan African weighs doubling up on Mintails
SHARES in gold miner Pan African Resources have doubled this year, which is normally a signal to investors to steer clear of the company....
Barrick agrees with Mali to resolve disputes amid arrests
BARRICK Gold said it had agreed to find a "global resolution" with Mali regarding "existing claims and disputes" between its Loulo and Gounkoto gold...
Aurous “advances discussions” for $50m ahead of gold merger
AUROUS Gold said it had raised $7.5m as part of its proposed merger with New York listed blank cheque company Rigel Resources Acquisition Corp.
"Aurous...
Hummingbird’s Betts steps down amid strategic review
HUMMINGBIRD Resources announced on Friday an operational and strategic review in which it will cut costs, sell non-core assets and overhaul management, starting with...
So far, AngloGold is on the right side of Centamin pricing...
ANGLOGOLD Ashanti's surprise $2.5bn swoop on UK-listed gold miner Centamin ushers in a new phase for Alberto Calderon, who marks his third year as...
Asante Gold raises US$100m in share issue
CANADA'S Asante Gold Corp. said on Wednesday it had raised US$100m through the sale of shares to a strategic investor.
About 90.7 million shares were...
Pan African cracks US index after Van Eck takes 5.9% stake
PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a...