South Africa’s Sibanye-Stillwater may restructure loss-making gold shafts
Gold producers in Africa's most industrialised economy, have seen profits squeezed by rising costs, labour unrest and declining grades.
Latest Stories
Firestone shares on fire after finding 70-carat diamond in Lesotho
The white, makeable diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December.
Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal
Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.
Harmony Gold in talks to build solar power plant
Eskom's troubles are a big headache for heavy energy users in South Africa, particularly gold mining companies.
Nickel rally fades, electric vehicle buzz doesn’t
Was it another false dawn for the nickel market?
Trudeau cabinet minister quits amid SNC-Lavalin controversy
The statement doesn’t offer a reason for her departure.
China scoops up more gold for reserves as global risks mount
While China’s holdings are the sixth largest by country, they account for only 2.4 percent of reserves, compared with more than 70 percent in Germany and the US.
Bougainville’s $58B gold-copper mine rights safe for now as Mining Act changes rejected
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
Northern Star shares up on better-than-expected exploration results at Alaska mine
The company’s stock closed Tuesday in Sydney 1.82% higher at A$8.97 on the news.