Randgold shares fall 60pct on unbundling
Shares in Randgold & Exploration have shed 60.64%, or R8.55, as the company continues its unbundling process.
Three killed at Harmony’s Phakisa mine
Harmony Gold has reported three fatalities at its Phakisa mine in the Free State.
Zimbabwe investigates New Dawn, CAG deal
Zimbabwe is probing New Dawn Mining Corp's acquisition of Central African Gold (CAG), a deal which a top ally of President Robert Mugabe says is against the country's empowerment law.
Auryx Gold nears TSX listing debut
Auryx Gold nears its Toronto bourse debut. It will bring to the market a Namibian gold prospect on which it will spend C$15m to bulk up resources and technical studies.
Wits Gold slides on cautionary notice
Shares in Witwatersrand Consolidated Gold Resources dropped 15% to R49 on the JSE, two days after the release of a trading cautionary announcement.
Great Basin buys out Rusaf minorities
Great Basin Gold has bought out minority shareholders in Rusaf which owns gold bearing properties in Tanzania and sold its stake in Kryso Resources.
Gold One raises $65m loan
Gold One International has finally arranged the loan facility needed to cover its potential financial exposure to a $62.5m convertible bond issue which has been weighing down the share price.
Shareholders ditch Central African Gold
Central African Gold, the gold company with a portfolio of production and exploration assets in Africa, says that three major shareholders have sold their shares in the company.
Simmers appoints new CFO
Junior gold producer Simmer & Jack Mines has announced the appointment of Marius Saaiman as chief financial officer.