Former Endeavour Mining CEO diverted $20.9m to UAE
THE former CEO of Endeavour Mining Sébastien de Montessus diverted $20.9m from the company to an unknown entity in the United Arab Emirates (UAE)...
West African wins permit approvals boosting Sanbrado
WEST African Resources, the Sydney-listed gold producer, said this week it had received permit approvals that would secure the continued operation of its Sanbrado...
Hummingbird’s mining contractor hits back in Kouroussa dispute
THE mining contractor at the centre of a row with Hummingbird Resources said on Wednesday it had not been paid by the gold producer...
Is this the time to sell or stay bold on gold?
SWISS bank UBS published a note on March 6 questioning whether the dollar gold price had run too hard, too soon.
At the time the...
Sibanye-Stillwater open to JV on Burnstone gold project
SIBANYE-Stillwater was prepared to sell its Burnstone gold project or bring it out of mothballs if a joint venture partner could be found for...
Sibanye-Stillwater concludes $155.9m Reldan recycling deal
SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business.
"The addition of Reldan, at...
Hummingbird hit with fresh crisis at Kouroussa mine in Guinea
HUMMINGBIRD Resources may have to throw itself at the feet of its lenders again, principally Coris Bank following a dispute with its main mining...
Barrick says 2023 gold output replaced through own resources
BARRICK Gold more than replaced gold production in 2023 increasing gold reserves to 77 million ounces.
Commenting in the the firm's annual report, CEO Mark...
SA Revenue Service closing in on gold smuggling – report
SOUTH African gold refiner Rappa Resources has been ordered to hand over documents to the country's revenue service regarding a potential R4bn tax liability.
According...
Some gold miners not yet cashing in on record metal price
THE gold price has gained a fifth since the start of the year but the companies that mine that metal are not getting recognition,...