With gold prices hitting record highs over the past year, the question becomes whether the world can produce enough of the precious metal to keep pace with its rising demand. To give a better picture of the size and potential…
On Monday evening, South Africa’s president Cyril Ramaphosa announced a 21-day nationwide lockdown as of midnight on Mar. 26 to slow the spread of the COVID-19 virus. As a result, companies operating mines in the country, such as Anglo American,…
AngloGold Ashanti is selling its assets in South Africa to Harmony Gold in a deal worth about US$300 million. Harmony Gold has nine underground operations in the country’s Witswatersrand Basin and an open-pit mine on the Kraaipan Greenstone Belt. AngloGold said it decided…
Covalence, the Geneva-based organization that tracks the ethical reputations of multinational companies, has releas…
Our readers will know by now that BARRICK GOLD of Toronto has launched a hostile takeover bid for Vancouver-based P…
It’s over. South African HARMONY GOLD has failed to gain control of rival GOLD FIELDS. The announcement comes after…
SOUTH AFRICA – Over 51% of the shares voted were against the proposed reverse takeover of Toronto-based IAMGOLD by…
Size matters to the world’s gold producers. Being No.6 isn’t good enough for South Africa’s HARMONY GOLD. This week…
CANADA-WIDE The shine is still on the yellow metal, thanks to strong prices. More than anything, the price is spu…