Simmers to sell Transvaal Gold Mining Estate
Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.
Wits Gold opts for De Bron
Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony.
Liuri Gold to fight for Zambia licence
ASX-listed explorer Liuri Gold is taking legal action against the Zambian government after its mining licence for the Luiri Hill gold project was cancelled.
Gold One under pressure
Gold One’s share price is being held back by production problems as well as the finalisation of a $65m debt facility, says CEO Neal Froneman.
Newcrest paves way for gold deals
Newcrest Mining $8bn-plus acquisition of Lihir Gold is creating a new top-tier of Australian gold producers, which are already being sized up for takeovers.
DRDGold sells mining licences
DRDGold said it had significantly derisked the business following the disposal of mining licences owned by Durban Roodepoort Deep and West Wits - a move that helped flood company coffers.
DRDGold to rekindle flame of optionality
DRDGold wants to convince gold investors that its surface retreatment operations contain a new kind of optionality.
Harmony halts plans for R6bn shaft
Harmony Gold Mining plans to delay the development of a R6bn shaft at its Evander mine in Mpumalanga.
Gold demand surges, ETFs rate high
Gold backed exchange traded funds helped power gold demand to a more than one third increase in the second quarter, the World Gold Council reported.
Simmers Q1 production falls 27pct
Shares in Simmers & Jack Mines fell more than 3 percent as the South African gold miner posted a 27 percent decline in first-quarter gold production.