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african goldlatest news & developments
Molten gold pour.

Burkina Faso joins Africa’s gold refining drive

BURKINA Faso has opened its first gold refinery as it seeks to process more of its mineral wealth at home, Bloomberg reported. State-controlled Raffinor BF, built for $19m, can…

The Gold Fields logo is displayed on an excavator in a workshop area of the company’s St Ives Gold Mine in Kambalda, Australia, on Wednesday, Aug. 9, 2017. Photographer: Carla Gottgens/Bloomberg via Getty Images

Gold Fields threatens to walk from Aussie tilt

GOLD Fields was prepared to walk away from a bid for Northern Star Resources, saying on Monday its $27bn offer did not “define” the company. “We really don’t feel we need to do…

Gold Fields eyes Northern Star takeover – report

GOLD Fields has approached Northern Star Resources about a potential takeover, said Bloomberg News citing people with knowledge of the matter. A deal with Northern Star would…

Molten copper is cast into copper anodes.
Photographer: Graham Hughes/Bloomberg via Getty Images

Sibanye-Stillwater to build R5.5bn copper mine in Tasmania

SIBANYE-Stillwater today approved a R5.5bn copper-gold Mt Lyell project in Australia’s island state Tasmania producing up to 26,000 tons a year of the in-demand red metal. This…

Richard Stewart, CEO, Sibanye-Stillwater

Sibanye earnings set to surge on higher gold, PGM prices

SIBANYE-Stillwater is set to report a sharp rise in earnings for the first half of 2026, supported by higher gold and platinum group metal (PGM) prices and steady operations. The…

Craig Jones, MD, Perseus Mining

Perseus opens the taps on shareholder returns

PERSEUS Mining has unveiled a more generous dividend policy after record cash generation in its 2026 financial year, promising shareholders a minimum 20% of operating cash flow…

Ghana bans unrefined gold dore exports from 1 September

GHANA’S GoldBod has ordered that artisanal gold dore bought by self-financing aggregators must be refined domestically before export from 1 September, Reuters reported. The…

Johannesburg is having a gold rush … Sort of

THE last time gold was as valuable, prospectors, gamblers, bounders and other rakes were united in scouring the globe – from California to Johannesburg – with their pickaxes and…

Picture: Macro photography.

Resolute, Nimba launch Guinea gold venture

Resolute Mining and Guinea’s state-backed Nimba Mining Gold have formed a joint venture to explore and develop gold projects in Guinea, expanding a partnership first announced…

Barrick Mining’s Reko Diq project site in Balochistan, Pakistan.

Barrick’s growth plan for non-IPO mines has its risks

BARRICK Mining’s business outside North America offers growth from assets including Lumwana and Kibali, but Reko Diq remains the main source of doubt in the group’s growth plans.…

Neal Froneman, former CEO of Sibanye-Stillwater

Froneman named chair of struggling Copper 360

FORMER Sibanye-Stillwater CEO Neal Froneman has been appointed chair of Copper 360, bringing one of South Africa’s best-known mining executives into the junior copper producer as…

Harmony refinances loans, adds Aussie facility

HARMONY Gold said on Tuesday it had concluded new loan deals, including a facility in Australian dollars, in order to cater to its expansion into the country. It signed a A$500m…

Senegal’s President Bassirou Diomaye Faye poses prior to a working lunch with France’s President Emmanuel Macron at the Elysee Palace on June 20, 2024 in Paris, France The presidents met to discuss French-Senegalese relations after they attended a global forum for vaccine innovation. (Photo by Chesnot/Getty Images)

Fortuna nears final Senegal gold permit

FORTUNA Mining expects to secure the final construction permit for its Diamba Sud gold project in Senegal within weeks in a development that will diversify the country’s mining,…

Picture: Macro photography.

Guinea eyes regional gold refining hub

GUINEA is positioning itself to become a gold refining centre for West Africa, according to mines minister Bouna Sylla, as the region’s producers increasingly look to process…

Cobus Loots, CEO, Pan African Resources
Pic: Martin Rhodes

Pan African gold project draws investor interest

PAN African Resources said it had received offers from potential co-investors in a proposed underground gold expansion in South Africa. The miner announced in February it was…

Craig Jones, MD, Perseus Mining

West African miner Perseus extends buy-back

SHARES in Perseus Mining surged over 8% on Monday after the West African gold miner approved a A$50m increase in its share buy-back programme. This was after completing A$100m in…

Zhaojin targets African gold mines as M&A heats up

CHINA’S Zhaojin Mining Industry is scouting for gold mine acquisitions in Africa, Central Asia and the Asia Pacific, with West African countries including Côte d’Ivoire, Ghana…

Richard Stewart, CEO, Sibanye-Stillwater.
Source: Joburg Indaba

Stewart aims to keep it simple at Sibanye-Stillwater

SIBANYE-Stillwater shares are down almost 10% year to date, which is quite a disconnect considering its latest quarterly results, in which the platinum group metals (PGM) and…

Richard Stewart, CEO, Sibanye-Stillwater

Soaring metal prices give Sibanye-Stillwater stellar start to 2026

SOARING gold and platinum prices made all the difference to Sibanye-Stillwater in the March quarter boosting group adjusted earnings before interest, tax, depreciation and…

Ian Cockerill, CEO, Endeavour Mining

Endeavour on track to double forecast payouts to shareholders

West African gold producer Endeavour Mining delivered record financial results in the March quarter backing up earlier predictions by CEO Ian Cockerill that the company could…