Uganda is the latest African nation to target gold purchases
UGANDA is the latest African nation to turn to gold to back up its currency after it set out plans for domestic purchases of...
UN says IRH Mining dealmaker met with gold smugglers
THE chief strategist of United Arab Emirates firm IRH Mining, which recently outbid Sibanye-Stillwater for control of Zambia's Mopani Copper, had dealings with gold...
If gold’s rise is here to stay why are its biggest...
SHARES in Gold Fields have traded disappointingly so far this year, up barely 5% and only 13% higher in the past 12 months against...
Gold Fields CEO says winter ramp-up was risky at Salares Norte
THE first six months at Gold Fields have been less than easy for CEO Mike Fraser. By his own admission the first quarter "wasn’t...
Australian miner raises $100m for Burkina Faso gold project
GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year...
Sibanye-Stillwater throws lifeline to Free State gold mine
SIBANYE-Stillwater has decided to continue with mining operations at its Beatrix 1 shaft in South Africa's Free State province on condition it reports no...
Endeavour pours first gold at ‘sector-leading’ Lafigué
LONDON- and Toronto-listed gold producer Endeavour Mining has held the first gold pour at its new Lafigué mine in Côte d’Ivoire on budget and...
Hummingbird sets new date for commercial output at Kouroussa
HUMMINGBIRD Resources said it expected to reach commercial production at its Kouroussa mine in Guinea in the third quarter – nearly a year after...
Barrick has been too reticent on M&A, says chairman
JOHN Thornton listed a reticence in mergers and acquisitions as a number one mistake since becoming a director of Barrick Gold in 2012.
"Barrick has...
Harmony Gold to beat revised guidance after stellar year
HARMONY Gold said today it expected to exceed 1.55 million ounces in gold output for the 12 months ended June 30, beating guidance it...