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Harmony Gold employee killed in fall of ground incident at Masimong mine

An employee was killed in a fall of ground accident on Friday at Harmony Gold's Masimong mine, in the Free State. This comes in the wake of the Department of Mineral Resources’ (DMR) announcement of...

Randgold Resources commits to further explore Côte d’Ivoire in 2016

African gold major Randgold Resources will continue to invest in exploration, particularly in Côte d’Ivoire, despite the challenging market faced by the gold mining industry. Randgold Resources CEO Mark Bristow says that ongoing exploration at...

Randgold Resources signs three new exploration JVs in the DRC

African gold major Randgold Resources has entered into three new joint venture (JV) agreements with juniors in the Democratic Republic of Congo (DRC), bringing its groundholding in the country to 6 539km. This has been spurred...

Endeavour Mining exceeds 2015 production guidance, produces 518 000 oz of gold

TSX-listed gold miner Endeavour Mining Corporation has produced 517 948 oz of gold in 2015, exceeding its 2015 production guidance range of 475 000 to 500 000 ounces, the company reported on Friday. This total...

True Gold signs $10 million refinancing deal

TSX-listed gold junior True Gold Mining has entered into an equipment refinancing facility with precious metal merchant Auramet International for US$10 million. “This fixed cost equipment loan gives us flexibility to draw funds that can be...

True Gold records loss while inching closer to Karma production

Burkina Faso – Despite recording significant expenditure during the construction of the Karma gold mine in Burkina Faso, TSX-listed True Gold Mining is nearing the finish line with the start of production only a...

Endeavour Mining defines additional oxide mineralisation at Agbaou

Côte d’Ivoire – Drilling results undertaken by ASX/TSX-listed gold mining company Endeavour Mining has confirmed additional oxide mineralisation in the West Pit area and surrounding targets at the Agbaou gold mine in Côte d’Ivoire. Results...

True Gold appoints former Nevsun Resources finance man as new CFO

Burkina Faso - TSX-listed gold junior True Gold Mining has appointed Peter Hardie as the company’s new CFO, effective 2 November 2015, replacing Ryan Torvik. Torvik, who has been with the company since the prefeasibility stage...

Randgold Resources moves into dividend-paying position at Tongon

Côte d’Ivoire – Randgold Resources has passed a major milestone at its Tongon gold mine in Côte d’Ivoire by paying off its shareholders’ loans of $448 million, thereby moving it into a dividend-paying position. The...

Gold producers table conciliated gold wage offer with CCMA

Following the start of the consolidated conciliation process through the  Commission for Conciliation, Mediation and Arbitration (CCMA) on Monday, gold producers AngloGold Ashanti, Evander, Harmony Gold and Sibanye Gold represented by the Chamber of Mines...

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