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Barrick agrees with Mali to resolve disputes amid arrests

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BARRICK Gold said it had agreed to find a "global resolution" with Mali regarding "existing claims and disputes" between its Loulo and Gounkoto gold...

Dubai’s IRH to seek mine turnarounds after deal with PIC

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SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai's International Resources Holding (IRH) aimed at breathing life...

Aurous “advances discussions” for $50m ahead of gold merger

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AUROUS Gold said it had raised $7.5m as part of its proposed merger with New York listed blank cheque company Rigel Resources Acquisition Corp. "Aurous...

Copper price set for volatility, say producers

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COPPER producers have warned the price of the metal will become volatile as the industry struggled to bring new supply online. Price swings would be...

SA mining industry retrenchments ramp up in second quarter

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COST cutting in South Africa's platinum group metals (PGMs) sector drove a second quarter reduction of 7,000 jobs in the country's mining sector, said...

Copper 360 founder prepares to relinquish control

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LETTING go is hard to do for entrepreneurs, as Shirley Hayes is finding out. Hayes, the founder of SHiP (Shirley Hayes IPK Pty), is...

Gemfields ready to defend balance sheet if market weakens

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GEMFIELDS CEO Sean Gilbertson said on Friday the company was prepared to cut costs and seek additional finance if there was a repeat of...

Hummingbird’s Betts steps down amid strategic review

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HUMMINGBIRD Resources announced on Friday an operational and strategic review in which it will cut costs, sell non-core assets and overhaul management, starting with...

Anglo “more optimistic” on De Beers sale after China stimulus

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ANGLO American CEO Duncan Wanblad ruled out "a flip-flop" on plans to sell the group's 85% in De Beers and said China's stimulus this...

So far, AngloGold is on the right side of Centamin pricing...

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ANGLOGOLD Ashanti's surprise $2.5bn swoop on UK-listed gold miner Centamin ushers in a new phase for Alberto Calderon, who marks his third year as...