Q1 results – Kibali shines as Randgold maintains annual production guidance
Randgold Resources said today its 2018 production guidance remained intact despite a softer first quarter in which it contended with multiple challenges.
At the same time the 50-year-old boss of the world's number one miner also pocketed 300,000 BHP shares worth more than $10 million thanks to the company's employee share incentive scheme.
Anglo American Platinum, the world's largest platinum producer, has fired 12,000 workers taking part in a three-week illegal strike after following through on tough talk over wildcat stoppages in South African mines.
The West African nation of Burkina Faso is forecasting its gold industry will boost growth next year, but the latest report from UK-based think-tank Exclusive Analysis, warns of increasing risks of kidnap and collateral harm by Islamist groups spreading from northern Mali.
Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to shore up their access to resources.
Thirty-one former South Africa’s AngloGold Ashanti (NYSE:AU) miners are taking the company to court, accusing its executives of health-related negligence.