Endeavour signs up to new Mali mining code
LONDON-listed Endeavour Mining and two other gold producers are to sign up to Mali's controversial new mining code, said Reuters citing government officials.
The agreements...
Gold may surge to $4,000/oz by end of 2026
GOLD may surge to $4,000 per ounce by late next year as Federal Reserve monetary easing weakens the dollar and central banks continue expanding...
Zijin leads race for Barrick mine, Tongon
CHINA'S Zijin Mining has emerged as the leading contender to purchase Barrick Mining's Tongon gold operation in northern Ivory Coast, said Reuters citing sources...
Mali court rejects Barrick employee appeal
A COURT in Mali on Tuesday rejected an appeal by Barrick Mining to release four employees arrested last November, escalating a long-running standoff between...
Sibanye-Stillwater extends US recycling with $82m Metallix deal
SIBANYE-Stillwater announced on Monday it agreed to buy US-based precious metals recycling business Metallix Refining for $82m (R1.5bn) in cash.
Metallix Refining, a profitable company...
AngloGold to buy Nevada neighbour Augusta Gold for $111m
ANGLOGOLD Ashanti on Wednesday announced a $111m offer for Augusta Gold, a Toronto-listed business which owns gold-bearing tenements in Nevada's Beatty District.
The deal, supported...
Namib minerals plans $300m Zimbabwe mine revival
NAMIB Minerals intends to invest $300m in restarting two dormant gold mines in Zimbabwe, said Reuters citing Ibrahima Tall, CEO of Namib Minerals.
The...
Mali seizes remaining gold from disputed mine
A MILITARY helicopter removed the final tonne of gold from Mali's largest mining operation on Thursday, as a court-appointed administrator seeks to restart the...
Ghana establishes anti-smuggling force for gold trade
GHANA unveiled a new security-supported task force on Tuesday designed to combat illicit gold commerce, as the continent's leading gold producer seeks to reclaim...
Mali restarts gold operations without Barrick consent
MALI'S court-appointed administrator plans to sell one ton of gold from Barrick Mining's Loulo-Gounkoto complex as operations resume after nearly six months of suspension,...