Barrick CEO says there’s scope to negotiate Mali mining code
BARRICK Gold CEO Mark Bristow said there was scope for negotiation with Mali's military junta regarding its recently promulgated Mining Code. "It all hinges around...
Sibanye-Stillwater weighs new round of restructuring at Stillwater
SIBANYE-Stillwater turned in mixed results for the third quarter in which its Australian tailings retreatment business New Century Resources posted a turnaround, but Stillwater...
New bank misery will dictate gold’s direction more than geopolitics
THE prospect of regional conflict in the Middle East has given gold a boost in another example of what former AngloGold Ashanti CEO Bobby...
Gold harder to find than ever before as junior sector ‘hurts’
DIGGING in Egypt’s Eastern Desert, 25km from the Red Sea, geologists for Centamin, a UK-listed gold miner, turned amateur archeologists when they stumbled on...
Burkina Faso raises royalties on gold production
BURKINA Faso has introduced a new royalty an gold sales which takes into account gold prices above $1,500 per ounce whereas previously it levied...
DRDGOLD suffers 18% q-on-q knock in first quarter ebitda
DRDGOLD reported an 18% knock in first (September) quarter ebitda which came out at R365.8m despite increasing production 5% to 41,281 ounces.
In a comparison...
Hundreds of East Modder mineworkers return to surface
SOME miners have emerged from the underground workings of Gold One's Modder East mine where more than 500 have been held underground since Sunday.
At...
Perseus raises prospect of special dividend after cash flourishes
PERSEUS Mining increased cash and bullion to $594m at the close of the September quarter which CEO Jeff Quartermaine said boosted the firm's chances...
Over 500 miners held hostage underground at Springs mine
AN estimated 543 miners are being held hostage in an underground gold mine in Springs, east of Johannesburg by the Association of Mineworkers &...
Lily Mine collapse a failure of Govt. to tackle illegal mining
AN INQUEST into the 2016 Lily Mine disaster, in which three people were killed after a catastrophic collapse of ground at the Mpumalanga operation, was...