Cutifani says policies on way to support robust SA mining industry

The CEO of South Africa’s largest gold-mining company expressed confidence on last week that a new policy structure in the making would support the development of a robust mining industry in South Africa.

AngloGold Ashanti CEO Mark Cutifani...

Company Announcement: AngloGold First Quarter Earnings Double To $429m, approves $1.9bn Growth Projects

AngloGold Ashanti posted first-quarter adjusted headline earnings of $429m, more than double the same period a year earlier, and approved the development of three growth projects.

Van Rooyen takes up chair's seat at Banro

Democratic Republic of Congo- (DRC-) focused gold miner Banro Corp has appointed Bernard van Rooyen as chairperson, and said director Peter Ruxton would leave to pursue other interests. Simon Village had previously held both the CEO and the...

Kibali gold project, Democratic Republic of Congo

The Kibali project, located in the Democratic Republic of Congo’s north-eastern Orientale province, could potentially be one of the world’s largest gold mines.

Randgold targets higher output, Bristow bullish on gold

Nudging closer to achieving its goal of growing output by 70% this year to 750 000 oz, Randgold Resources CE Mark Bristow told Mining Weekly Online on Wednesday that it is on track to breach the 1.2-million ounce gold production-level in five...

Randgold increases output, profit despite torrential rains

Despite experiencing a “once-in-a-hundred-years” torrential rain, which flooded the Loulo/Gounkoto complex in Mali during August, Randgold Resources maintained its gold production and, on an adjusted basis, significantly increased profit in...

Company’s gold production set to more than double

LSE- and Nasdaq-listed Randgold Resources reports it is aiming at substantially increasing its gold output from 440 000 oz/y, to between 750 000 oz/y and 790 000 oz/y, on a consolidated basis this year.

08/07/2011 (On-The-Air)

South Africa, which hosts 80% of the world’s manganese, is planning to expand its exports; South Africans are building a massive new gold mine in the DRC and a diamond mine in Sierra Leone and Foreign investment in Botswana is on the rise to...

Randgold aims to start Kibali construction mid-year

Randgold Resources and partner AngloGold Ashanti are on schedule to start construction at the Kibali gold mine, in the Democratic Republic of Congo, in the middle of this year, Randgold indicated on Monday. About 15 000 people living on what...