Gold storms to new high as Middle East tensions mount
THE price of gold stormed to a fresh all time high as the safe haven asset was boosted by simmering Middle East tensions.
Bullion broke...
Asante Gold to join bidding for Ghana mine Akyem
ASANTE Gold Corporation plans to join the bidding for Newmont's Ghana mine Akyem which the US miner deemed non-core following its acquisition of Newcrest...
Sibanye-Stillwater targets $500m in gold streaming deals
SIBANYE-Stillwater aimed to conclude a portion of an estimated $500m to $1bn in potential streaming or metals prepayment deals before it announced its half...
Sibanye-Stillwater says SA ‘overhead’ cuts on radar
SIBANYE-Stillwater CEO Neal Froneman raised the prospect of further restructuring of the firm's South African division which produces gold and platinum group metals (PGMs).
"At...
Perseus Mining declares OreCorp cash bid final
PERSEUS Mining declared its cash offer for OreCorp of A$0.575 per share final and unconditional on Monday after accumulating a stake of 51.03% in...
Harmony Gold signs historic 6% wage deal with all unions
HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from...
DRDGold to double contribution to Sibanye-Stillwater Ebitda
ACQUIRED by Sibanye-Stillwater with a view to building a strategic, long-term presence in the gold tailings industry, DRDGold now plays the arguably more important role...
Perseus says Sudan gold project “not lost to company”
PERSEUS Mining, the Australian listed gold miner, said it expected to eventually develop a mine in Sudan despite conflict in the North African nation.
Bloomberg...
Gold Fields warns of heavy hits to production in first quarter
GOLD Fields warned first quarter production would be lower than forecast owing to weather related disruptions at its Australian and South American mines while...
Hummingbird to miss first quarter production target at Kouroussa
SHARES in Hummingbird Resources hit their lowest ever level after the UK-listed company announced it had delayed commercial production from Kouroussa, a gold mine...