Hummingbird to miss first quarter production target at Kouroussa

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SHARES in Hummingbird Resources hit their lowest ever level after the UK-listed company announced it had delayed commercial production from Kouroussa, a gold mine...

Cockerill pledges continuity sans controversy at Endeavour

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ENDEAVOUR Mining CEO Ian Cockerill promised strategic continuity without the controversy, saying at the gold miner's 2023 results presentation on Wednesday that he intended...

Former Endeavour Mining CEO diverted $20.9m to UAE

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THE former CEO of Endeavour Mining Sébastien de Montessus diverted $20.9m from the company to an unknown entity in the United Arab Emirates (UAE)...

West African wins permit approvals boosting Sanbrado

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WEST African Resources, the Sydney-listed gold producer, said this week it had received permit approvals that would secure the continued operation of its Sanbrado...

Hummingbird’s mining contractor hits back in Kouroussa dispute

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THE mining contractor at the centre of a row with Hummingbird Resources said on Wednesday it had not been paid by the gold producer...

Is this the time to sell or stay bold on gold?

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SWISS bank UBS published a note on March 6 questioning whether the dollar gold price had run too hard, too soon. At the time the...

Sibanye-Stillwater open to JV on Burnstone gold project

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SIBANYE-Stillwater was prepared to sell its Burnstone gold project or bring it out of mothballs if a joint venture partner could be found for...

Sibanye-Stillwater concludes $155.9m Reldan recycling deal

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SIBANYE-Stillwater said on Monday it had concluded the $155.9m acquisition of Reldan, a US platinum group metal (PGM) recycling business. "The addition of Reldan, at...

Hummingbird hit with fresh crisis at Kouroussa mine in Guinea

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HUMMINGBIRD Resources may have to throw itself at the feet of its lenders again, principally Coris Bank following a dispute with its main mining...

Barrick says 2023 gold output replaced through own resources

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BARRICK Gold more than replaced gold production in 2023 increasing gold reserves to 77 million ounces. Commenting in the the firm's annual report, CEO Mark...