How WGC’s Tait plans to disrupt tyranny of illegal gold trade
TERRORIST groups are tapping into $95bn worth of gold mined by artisanal and small-scale miners, says the World Gold Council (WGC) in a report...
Allied Gold lines up $175m streaming deal for Ethiopia project
ALLIED Gold has raised $175m in a streaming deal with Wheaton Precious International, the Toronto-listed firm announced on Friday.
The upfront cash payment is for...
Mali issues warrant of arrest for Barrick CEO
MALI'S military-controlled government has issued an arrest warrant for money laundering against Barrick Gold Corp. CEO Mark Bristow, said Bloomberg News.
This development comes amid...
“New information” led to Tsengwa suspension, says Exxaro chair
NEW information had emerged regarding Exxaro Resources CEO Nombasa Tsengwa's conduct warranting her suspension despite the board previously exonerating her, the firm's chair Geoffrey...
Hichilema hails prospect of linking Zambia to Lobito Corridor
ZAMBIAN President Hakainde Hichilema hailed plans to connect his country to the US-backed Lobito railway corridor project, saying it would boost the continent's ambitions...
Galiano Gold cancels royalty deal with Red Kite
GALIANO Gold said on Thursday it had terminated a gold purchase and sale agreement with Red Kite Opportunities Master Fund Limited paying $13m.
In terms...
Paladin reopens Langer Heinrich after maintenance shutdown
PALADIN Energy, the Australian-listed uranium development firm, said it had restarted its Namibia mine Langer Heinrich (LHM) following a planned shutdown.
"During the shutdown, routine...
Exxaro suspends CEO amid work practice, governance probe
NOMBASA Tsengwa, CEO of Exxaro Resources has been temporarily suspended while the firm's board runs an investigation into her work conduct and governance practices.
"The...
SA’s best performing gold stock takes strategy to Australia
IT'S been a breakout year for Pan African Resources, the Joburg- and London-listed gold miner. Its share cruised to a new record high last...
Lucara to spend $115m in 2025 completing Karowe shaft
LUCARA Diamond Corp. forecast capital spend of $115m in 2025 in order to complete construction of the Karowe underground expansion.
The focus will fall on...