Proposed mining laws show SA Govt has learnt nothing
SOUTH Africa’s mining industry is “crawling on the floor” while mining in Australia, Canada, America and the rest of Africa is on a conveyor belt, says Peter Major, veteran…
Pan African plans R500m buy-back after declaring record dividend
PAN African Resources announced plans to buy back up to R500m of its own shares after a surge in cash flow helped it declare a record final dividend for its 2026 financial year.…
Zambia targets $1.8bn from small-scale gold mining
ZAMBIA could unlock more than $1.8bn from its small-scale gold industry by bringing informal production and trading into the formal market, Bloomberg reported. Kakenenwa…
Policing illegal miners isn’t working. What will?
WHEN 87 illegal miners died underground at Stilfontein in 2024 – and 1,826 surfaced from abandoned shafts – the event was a symptom, not an aberration. The uncomfortable truth…
Gold Fields flags Ghana risk as profits surge
Gold Fields has warned that uncertainty over the renewal of mining leases at its Tarkwa mine in Ghana could have a “material and adverse” impact on the company. This caution…
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…
Let mine waste pay for mining’s cleanup, says Niël Pretorius
DRDGOLD CEO Niël Pretorius has spent much of the past two decades trying to show that cleaning up the legacy of South Africa’s gold mining industry does not simply have to be an…
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…
WGC hopes Ghana will weigh its input amid gold reform
THE World Gold Council hoped that its work helping Ghana formalise its artisanal and small-scale gold mining (ASGM) sector would be “taken into consideration” as the West African…
Sibanye-Stillwater will look to Africa for new gold output
SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future. “I can speculate on where I see our gold future…
Why Pan African has outshone its golden rivals
TO paraphrase Warren Buffett, superior long-term wealth is often built by owning the goose that lays the golden eggs, rather than the golden egg itself. Pan African Resources has…
Landslide kills 28 at Angola illegal mine
AT least 28 people have been killed after a landslide struck an illegal gold mining site in Angola’s northwestern Bengo province, in one of the country’s deadliest artisanal…
Winds turn more favourable for Harmony’s share price
THE challenges Harmony Gold Mining has been facing in recent months that have caused its share price to underperform its global peers, including AngloGold and Gold Fields, have…
Trafigura strikes Ghana gold offtake and financing deal
COMMODITY trading house Trafigura Group has agreed to purchase 700,000 ounces of gold doré from Ghana’s Heath Goldfields and provide $65m in debt, Bloomberg News reported on…
Gold miners tumble as Iran war dents rate hopes
GLOBAL gold mining stocks have swung into negative territory for 2026 as escalating conflict in the Middle East pushes oil prices higher, fanning inflation fears and dimming…
Mali establishes judicial mining task force
MALI is creating a specialised task force with judicial powers to oversee gold mining and quarrying operations across the country, said Bloomberg News on Thursday. The Brigade…
Harmony Gold declares record interim payout after upgrade
HARMONY Gold today unveiled a major upgrade in its dividend policy in which it will pay up to 50% of net free cash provided debt is at manageable levels. The miner kicked off a…
DRDGold moots plan to buy Sasol’s cyanide facility
DRDGOLD CEO Niël Pretorius has highlighted the danger posed to South Africa’s gold producers by shortages of sodium cyanide produced by Sasol which is the country’s only…
Mali grants 10-year extension to Barrick mine
BARRICK Mining has secured a 10-year extension for its Loulo gold mining permit in Mali, following approval of a draft decree by the West African nation’s government, said…
Mali establishes company to oversee mining stakes
MALI has established a fully state-owned entity to consolidate and administer the government’s shareholdings across the mining sector, following similar moves by neighbouring…