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...
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...
Zimbabwe’s gold miners drive dollar bourse surge
ZIMBABWE'S dollar-denominated stock exchange has posted remarkable gains as gold producers benefit from the precious metal's stellar performance this year, Bloomberg News reported on...
Gold pauses ahead of push for new record high
GOLD prices remained stable on Thursday, trading close to the record peak reached a day earlier, as investors anticipated additional interest rate reductions from...
Mali troubles trigger Bristow departure from Barrick
MARK Bristow's management of Barrick Gold's flagship Mali operations proved the decisive factor behind his abrupt removal as CEO, said Reuters citing sources familiar...
Gains not enough to save Bristow, Barrick’s domineering CEO
IN a rare public criticism of Mark Bristow, Barrick chairman John Thornton said at the London Indaba conference last year that the company had...
Newmont unveils new CEO as Palmer set to retire
TOM Palmer will retire from Newmont by December after more than a decade with the world's largest gold producer, the company said on Monday,...
US Treasury gold reserves exceed $1 trillion
THE US Treasury's gold holdings have surpassed $1 trillion in market value, dwarfing the $11bn figure recorded on government accounts, as precious metal prices...