Egypt gives clearance to AngloGold takeover of Centamin
ANGLOGOLD Ashanti today said its proposed takeover of Centamin had been approved by the Egyptian competition authorities keeping the $2.5bn deal on course for...
China’s Zijin to buy Akyem for $1bn
CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing...
UBS says gold to break through $3,000/oz in 2025
THE gold price would rally towards $2,800 per ounce and break through $3,000 next year as central banks led by the US Federal Reserve...
West African Resources confirms mining permits not in peril
WEST African Resources (WAF) said on Tuesday it had received assurance from the Burkina Faso government that its mining licence would not be withdrawn.
This...
Shares in Burkina Faso miners under pressure amid permit fears
BURKINA Faso plans to withdraw mining permits from some foreign companies and will seek to produce more of its own gold, said Reuters citing...
Barrick launches Lumwana copper expansion project
BARRICK on Wednesday started the development of its Lumwana super pit, a development that comes ahead of a $2bn expansion that is waiting on...
Tanzania to buy gold from miners at market prices
TANZANIA will buy gold at market prices in terms of a directive given to miners of the metal within its borders that they sell...
High flying Pan African weighs doubling up on Mintails
SHARES in gold miner Pan African Resources have doubled this year, which is normally a signal to investors to steer clear of the company....
Barrick agrees with Mali to resolve disputes amid arrests
BARRICK Gold said it had agreed to find a "global resolution" with Mali regarding "existing claims and disputes" between its Loulo and Gounkoto gold...
Aurous “advances discussions” for $50m ahead of gold merger
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...