Golden Star confirms arrangements to continue refining gold in South Africa
GOLDEN Star confirmed it had made arrangements to continue refining its gold at South Africa's Rand Refinery whilst securing alternative arrangements for the freight...
Pan African to resume limited production at Fairview, runs surface operations...
PAN African Resources was operating its surface operations at about 70% of normal capacity although it would resume limited production at its Fairview operations...
Namibia puts mining sector into three week lockdown as steps up...
NAMIBIA closed down its mining sector for three weeks as the country stepped up efforts to curb the spread of COVID-19, said Reuters.
COVID-19 Infections...
Perseus extends Edikan mining six years after incorporating $31m Esuajah South...
PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2...
De Beers cancels third diamond sight as COVID-19 travel restrictions hit...
DE BEERS has cancelled its third sight for the 2020 financial year owing to travel restrictions placed on buyers as a result of COVID-19.
Anglo...
Downgrade a reminder of urgent reforms waiting on the other side...
SOUTH Africa had been given a daunting reminder of the challenges on the other side of the COVID-19 pandemic following the downgrade by Moody's...
AngloGold hunkers down with $1.4bn in debt citing lack of visibility...
ANGLOGOLD Ashanti has drawn on $1.4bn in debt to bolster its balance sheet of which $700m has been put aside to tide it over...
Petra retains Rothschild & Co to assess “strategic options” as COVID-19...
THESE are unpleasant times for most mining shares, but perhaps more so for Petra Diamonds which has seen plans to climb out of its...
MC Mining institutes “no work, no pay” for non-essential staff as...
MC Mining has implemented a 'no work, no pay' rule for non-essential staff following the suspension of mining at its Uitkomst coal mine in...
Golden Star reports increase in proven reserve base at Wassa, but...
GOLDEN Star reported a significant increase in proven and probable mineral reserves at its Wassa gold mine in Ghana, but the group's overall economically...