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Cockerill takes helm at Endeavour after CEO dismissed for “serious misconduct”

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ENDEAVOUR Mining announced Ian Cockerill would take over running of the company after firing its CEO of seven years Sébastien de Montessus for "serious...

Gold Fields says miner killed underground at South Deep

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MIKE Fraser's tenure as CEO of Gold Fields couldn't have gotten off to a worse start after the company today said a miner had...

Shanta Gold board gives support to $141m all cash takeover offer

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TANZANIAN gold mining company Shanta Gold said in December it had received a $141.95m all-cash takeover offer effectively taking the company private. The offer, equal...

West African Resources draws down on first $100m Kiaka loan

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WEST African Resources said it had drawn the first tranche of a $265m loan secured from investors for its Kiaka Gold project in Burkina...

PTM explores Waterberg concentrate deal with Saudi Arabia

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PLATINUM Group Metals (PTM) has signed a cooperation agreement with Saudi Arabia that will explore construction of platinum group metals smelter and base metals...

Gold Fields orders review of Salares Norte amid new delays

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GOLD Fields has announced a review of its Salares Norte project in Chile amid a fresh round of production revisions. The Johannesburg-headquartered firm said on...

Alphamin tin sales hit as heavy rains worsen Congo roads

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ALPHAMIN Resources said poor road conditions, which were exacerbated by heavy seasonal rains, were likely to result in lower than guided tin sales for...

Gold Fields to sell 45% stake in Asanko for $170m

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GOLD Fields is to sell its 45% stake in Ghana mine Asanko to joint venture partner Galiano Gold, a Toronto-listed firm, for $170m. An upfront...

Implats says protest over as miners return to surface

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MINERS have returned to surface at Impala Platinum's (Implats') Impala Bafokeng mine formally ending an underground sit-in that started on Monday. Implats said on Wednesday...

Sit-in related to RBPlat takeover misconceptions, says Implats

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AN unresolved underground sit-in at Bafokeng Rasimone Platinum Mine (BRPM) involving more than 2,200 employees was related to concerns over their benefits following the...