Wits Gold slides on cautionary notice
Shares in Witwatersrand Consolidated Gold Resources dropped 15% to R49 on the JSE, two days after the release of a trading cautionary announcement.
Great Basin buys out Rusaf minorities
Great Basin Gold has bought out minority shareholders in Rusaf which owns gold bearing properties in Tanzania and sold its stake in Kryso Resources.
Gold One raises $65m loan
Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.
Shareholders ditch Central African Gold
Central African Gold, the gold company with a portfolio of production and exploration assets in Africa, says that three major shareholders have sold their shares in the company.
Simmers appoints new CFO
Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.
Simmers decides on rights offer soon
Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.
Simmers shares on the rebound
Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.
NUM to hand demands to Pamodzi liquidators
Mineworkers affected by the collapse of Aurora Empowerment System's financing plan to hand over a list of demands to the Pamodzi Gold liquidators.
Chinese make a bid for Aurora gold mines
An unspecified Chinese consortium makes a bid for two liquidated gold mines currently managed by Aurora Empowerment Systems, but secrecy shrouds the offer.