SA gold shares to surge higher as discount fades
SOUTH Africa's gold miners were still playing a ratings catch up with their North American peers despite tracking for a cash margin of at...
South32 welcomes US Govt to Ambler exploration play
SOUTH32 welcomed the investment of the US government in the Ambler mining district in which the Sydney- and Johannesburg-listed miner has a joint venture.
The...
Predictive and Robex merge in Guinea gold deal
AUSTRALIAN miner Predictive Discovery and Canada's Robex Resources will combine operations in a A$2.35bn ($1.55bn) all-share transaction, establishing a mid-tier West African gold producer.
The...
Barrick agrees sale of Tongon for $305m to Atlantic Group
BARRICK Mining said on Monday it had reached an agreement to sell its 89.7% stake in the Tongon mine in Côte d’lvoire to Atlantic...
Investors rethink gold as metal edges to $4,000
GOLD has surged nearly 50% this year to an unprecedented $3,930 per ounce, driven by a fundamental shift in how investors view the precious...
London no longer a hub for big mining finance
LONDON'S centuries-old dominance as the world's premier destination for mining finance is drawing to a close as investors increasingly favour Australia and Canada for...
Mining pay rises outstrip productivity gains
MINERALS Council South Africa has warned wage increases are outpacing productivity improvements, attributing the disparity to overly strong union influence, according to a report...
South Africa weighs 25% chrome export levy – report
SOUTH African authorities are mulling a 25% levy on raw chrome ore exports as part of efforts to rescue the beleaguered ferrochrome sector, which...
Militants blockade fuel supplies to Mali mine
MALI'S military has halted approximately 70 fuel tankers bound for Allied Gold's Sadiola gold mine following an al Qaeda-affiliated group's blockade on fuel imports...
Tailwinds for Sibanye-Stillwater’s Stewart but dangers lurk
THERE was never a question of Neal Froneman shedding tears of sadness as he stepped from the Sibanye-Stillwater podium for the last time in...