Master Drilling “blindsided” as auditor demands write-down
MASTER Drilling’s 75% drop in profit for the six months to end-June was courtesy of the accountants forcing the company to make write-downs on...
Endeavour settles sale dispute on Burkina Faso mines
ENDEAVOUR Mining said on Tuesday it had ended legal proceedings with Lilium Gold, a Burkina Faso company with which it had agreed in 2023...
South Africa’s illegal gold mining is surging again
Against the backdrop of record high prices for gold, Sibanye-Stillwater has reported a surge in illegal mining incidents and arrests around its South African...
Harmony Gold to write down Target North by R2.79bn
HARMONY Gold plans to write-down its Target North gold resource in the Free State province for R2.79bn – a development that takes the gloss...
SA copper developers define 2.5Mt in metal output
MINERAL exploration in the Northern Cape over the past five years suggests the once-thriving copper district could recapture some of its former glory. In...
How Draslovka is using a food additive to produce cleaner gold
ABOUT 10 years ago scientists at Curtin University in Western Australia discovered gold particles on plant leaves. They theorised that the gold molecules had...
Gold Fields hopes to finalise the Tarkwa JV this year ahead...
GOLD Fields was hoping to finalise the joint venture between its Tarkwa mine in Ghana and AngloGold Ashanti’s neighbouring Iduapriem mine later this year...
Gold Fields CEO Mike Fraser lays out his vision for the...
NEWLY appointed Gold Fields CEO Mike Fraser is embarking on a major restructuring pinning the group’s future on four long-life mines which will “anchor”...
DRDGold should have a decision on Okiep copper tailings project in...
DRDGOLD expects to complete the initial test work on various tailings dams owned by Copper 360 around Okiep in the Northern Cape within nine...
Lucara recovers huge 2,492 carat diamond from the Karowe mine
CANADIAN-listed Lucara Diamond has just recovered the largest diamond ever found since the world-famous Cullinan diamond at its Karowe mine in north-eastern Botswana.
Lucara detected...