Central banks elevate gold above euro reserves
GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by unprecedented buying and rising valuations,...
Pan African misses gold guidance but slashes net debt
PAN African Resources said on Wednesday gold production for its 2025 financial year would slip below guidance while costs would be higher owing to...
Perseus Mining lays out $878m, five-year gold plan
PERSEUS Mining on Wednesday set down a five-year gold production plan that will require $878m in development capital including the Nyanzaga Gold Project in...
Harmony fosters inclusive development in North West province
IN a continued effort to foster inclusive development, Beyers Nel, Group CEO of Harmony, recently met with the Premier of the North West Province...
Central banks the force behind record gold rally, says report
CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...
Mali suspends artisanal gold mining as rains fall
MALI has temporarily halted all artisanal gold mining operations during the upcoming rainy season to safeguard workers from potentially fatal landslides, said Reuters citing...
Mali court adjourns hearing on Barrick mine Loulo-Gounkoto
A MALIAN court has adjourned until Thursday a crucial hearing on whether to place Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, a move...
Former Harmony campaigner is Copper 360’s last chance
THE scale of former Harmony Gold CEO Graham Briggs's job at Copper 360 will become apparent when the junior miner publishes its year-end numbers...
AngloGold sells Brazil mine Serra Grande for $76m
ANGLOGOLD Ashanti said on Monday it had agreed the sale of its Brazil mine Mineração Serra Grande (MSG) which will be acquired by Aura...
Ghana gold output to top five million oz this year
GHANA is poised to increase its gold production by approximately 6.25% to around 5.1 million ounces in 2025, building on last year's record output...