May 10, 2019

Glencore’s Zambian unit to close two shafts

Zambia's Mopani Copper Mines Plc plans to close two shafts and focus on essential capital projects, the Glencore-owned company said on Friday.

May 9, 2019

Acacia Mining hits back at parent Barrick in Tanzania row

Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania.

May 9, 2019

Race for AngloGold assets may pit Sibanye against rival Harmony

Sibanye faces competition from two rivals if it wants to buy South African gold mining assets that AngloGold Ashanti Ltd. plans to sell.

May 9, 2019

Alamos Gold drills more high grade intersections at Island mine

The Island Gold mine is expected to produce between 135,000 and 145,000 oz. of gold this year.

May 9, 2019

South African gold output extends biggest drop in a decade

South African gold production shrank for an 18th straight month in March, extending the longest run of contractions since the financial crisis.

May 9, 2019

Acacia seeks clarification on North Mara dispute, production jumps

Acacia Mining saw a surge in gold production in April thanks chiefly to a 54% rise in output from its disputed North Mara gold mine in Tanzania.

May 9, 2019

AngloGold plans to sell last South Africa mine as era closes

AngloGold announced on Thursday that it’s in the early stages of a sales process for Mponeng, the world’s deepest mine and its last underground operation in South Africa.

May 8, 2019

Avesoro boosts reserves at Youga mine in Burkina Faso

The company has increased the mineral reserves at its Youga gold mine by 23% – extending the mine life by an additional four years to 2031.

May 8, 2019

Barrick Gold to sell $1.5B in assets, but open to acquisitions

The goal is for the sale process to be well advanced by mid-2020.

May 7, 2019

Newmont Goldcorp to account for over 7% of global gold output this year

The world’s largest gold producer by market value, output and reserves, is expected to churn out 8.4 million ounces of the precious metal in 2019.