Strike breaks out at Resolute Mining’s Syama mine over working rosters
THERE was fresh trouble for Resolute Mining after employees at its Syama mine in Mali went out on strike over Covid-19 related temporary layoffs...
Maria Ramos appointed chairwoman of AngloGold Ashanti after Pityana quits
MARIA Ramos has been appointed chairwoman of AngloGold Ashanti, said Bloomberg News citing a statement from the Johannesburg-headquartered gold company.
She replaces Sipho Pityana who...
AngloGold is vulnerable whilst the question of a permanent CEO remains...
UNTIL the recent correction in the gold price, AngloGold Ashanti heavily under-performed the GDX, the Van Eck exchange traded fund, and peer group companies.
On...
Centamin commits to $100m payout in each of next two years...
CENTAMIN today unveiled a mining and dividend return plan for the next four years in which it would guarantee a $100m minimum payout for...
UN reports 6,000 children forced into gold mining in Mali amid...
CHILD trafficking is on the rise in Mali as a result of conflict and the Covid-19 pandemic which has closed schools with an estimated...
Caledonia equips Blanket mine extension shaft for $60m ahead of higher...
CALEDONIA Mining said it had finished equipping the central shaft extension at its Blanket mine which would increase production of the operation to about...
Dividend-paying Sibanye-Stillwater a totem of risk and reward enticing new investment...
THE rehabilitation of the mining sector has been remarkable since 2017 when it racked up a fifteenth straight year of under-performance.
It’s a recovery from over-spend...
Barrick Gold “monitoring” Zambia, weighs expansion opportunities for Lumwana
BARRICK Gold said it was keeping tabs on developments in Zambia as it sought expansion opportunities for Lumwana, its 100%-owned, 160 million pound a...
Gold smuggling worth $1.5bn in Zimbabwe as small scale miners circumvent...
REGULATIONS in Zimbabwe that force gold producers to sell their bullion to the central bank is encouraging gold smuggling worth about $1.5bn annually, said...
Pressure growing on gold mining firms to up game in GHG...
PRESSURE is increasing on the world's gold mining sector to improve its greenhouse gas (GHG) emissions, said Reuters.
Citing data from an ESG consultancy, Skarn...