February 23, 2018

Deal wizard of South African gold mining is scaring investors

Investors might be running out of patience with Sibanye Gold Ltd.’s colorful chief executive, Neal Froneman.

February 23, 2018

Tahoe lost $18 million last quarter on Escobal mine reopening delays

Adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago, which reflects the impact of the ongoing shutdown of its flagship Escobal silver…

February 23, 2018

Rio to build power plant at Oyu Tolgoi copper-gold mine in Mongolia

Move would add further costs to an ongoing $5.3 billion underground expansion of the massive mine.

February 22, 2018

Zimbabwe resumes diamond sales, expects to auction 1.56 million carats

A test sale was conducted and, according to the Minister of Mines, it was a total success.

February 22, 2018

Mandalay’s coffers suffered from Cerro Bayo’s downtime

The CEO of Mandalay dubbed 2017 as a challenging year for his company.

February 22, 2018

Gold bulls, brace yourselves – Fed hikes are coming!

Gold may stay under pressure, especially that political uncertainty related to the Italian national election is likely to weigh on the euro in the near term.

February 22, 2018

Sibanye-Stillwater turns off dividend tap after annual loss

In lieu of the cash dividend, it will undertake a "capitalisation issue" that will see four ordinary shares given to shareholders for every 100 they hold.

February 22, 2018

Kaz Minerals sets higher output targets for 2018 as profits jump

Kaz Minerals reported a jump in 2017 sales and production as its main mines ramped up and said it expected its 2018 output to rise as much as 16%.

February 22, 2018

Barrick to hike gold output as Newmont gets too close to being world’s top producer

Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.

February 22, 2018

Barrick clings to top gold miner title as Newmont falls short

About 50,000 ounces — roughly 125 gold bars — is all that stands in the way of Newmont overtaking Barrick as world's No.1 bullion miner.