Ante raised on consolidation after Newmont-Goldcorp marriage builds on Barrick momentum
THE $10bn takeover of Goldcorp by Newmont Mining on January 13 will raise the ante on consolidation in the gold industry, said Bloomberg News...
Orion confirms ‘global’ mineral resource for Prieska project at 30 million...
ORION Minerals said today the total mineral resource of its Prieska copper and zinc project totalled just over 30 million tonnes.
"The completion of the...
AMCU raises stakes in secondary strike at Sibanye-Stillwater’s platinum operations
THE relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a decisive turn for the worse today after the union...
Caledonia hedges gold output as capital demands of Blanket expansion bite
CALDEONIA Mining Corporation, a company that operates Zimbabwe's Blanket mine, has hedged 100% of its gold production from February to June - some 22,500 ounces...
Acacia turns in resilient production numbers, takes net cash to $88m
ACACIA Resources turned in a resilient performance for its 2018 financial year, producing higher-than-forecast gold production and taking net cash to $88m as of...
Central Rand Gold using pension deductions in order to stay afloat...
CENTRAL Rand Gold (CRG), a Johannesburg-listed mining company, was using pension deductions in order to stay open, said City Press citing highly placed sources...
Tshisekedi election success introduces fresh period of uncertainty for DRC miners
THE disputed election of Felix Tshisekedi as president of the Democratic Republic of Congo (DRC) introduces a fresh period of uncertainty for mining firms operating...
PTM pays $8m to Liberty Metals after sale of RBPlat shares
PLATINUM Group Metals (PTM), the Toronto-listed minerals development company, said it had paid $8m to Liberty Metals & Mining Holdings on January 11 in...
Vector buys former AngloGold Mongbwalu prospect in DRC in $10m share...
SYDNEY-listed gold development firm, Vector Resources, has concluded the purchase for $10m in cash and shares a prospect in the Democratic Republic of Congo...
Endeavour takes shares in Ity to 85% after share deal with...
ENDEAVOUR Mining has increased its stake in its Ity gold mine in Cote d'Ivoire to 85% from 80% after buying shares in the operation by...