Endeavour CEO surprised by Barrick talk amid Mali exit
ENDEAVOUR Mining CEO Ian Cockerill said speculation in June linking his company with Barrick Mining made no sense because he would only be likely...
Zijin ditches Allied Gold takeover for $295m stake instead
CHINA'S Zijin Gold International has abandoned its proposed takeover of Allied Gold, opting instead to take a $295m stake in the Canadian miner.
A combination...
Harmony refinances loans, adds Aussie facility
HARMONY Gold said on Tuesday it had concluded new loan deals, including a facility in Australian dollars, in order to cater to its expansion...
Gold Fields rebuts claim Tarkwa community oppose licence renewal
GOLD Fields has today hit back at reports in Ghana that local authorities had opposed an application by the miner to renew Tarkwa's mining...
Gold Fields seals 5-year wage deal with unions at South Deep
GOLD Fields' South Deep mine agreed a five-year wage deal with unions on Friday, the JSE-listed miner said in an announcement.
Running from March to...
AngloGold shareholders approve $2bn share buy-back
ANGLOGOLD Ashanti shareholders approved the firm's plan to buy back up to $2bn of its own shares over the next five years, but it...
Mali gold output to stay below 60 tons
MALI'S industrial gold production will remain under 60 tons a year through 2029, according to a mines ministry plan reviewed by Reuters, prolonging a...
WGC hopes Ghana will weigh its input amid gold reform
THE World Gold Council hoped that its work helping Ghana formalise its artisanal and small-scale gold mining (ASGM) sector would be "taken into consideration"...
Gold miners set for strong Q2 despite cost pressures
GOLD producers are on track to post substantially higher second-quarter earnings on the back of firmer bullion prices, though rising energy costs tied to...
Islamist militants widen reach in Sahel mining zones
ISLAMIST militant groups are extending their footprint across central West Africa's mining belt, contesting territory with governments and stoking fears over the safety of...