Many Toronto-listed miners don’t disclose environmental and social info — report

Pay and working conditions have become a thorny issue in Zambia particularly when it comes to the many Chinese-run mines in the country.

"Appointing Nhleko as CEO will come out of the blue for international investors."

Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.

As the price of gold has climbed in recent years, many Chinese have flocked to Ghana, the world's second bullion producer after South Africa, hoping to find their way out of poverty.

New Liberty is expected to come on stream in the third quarter of 2014, following a construction phase of 18 months.

South African Harmony Gold (NYSE:HMY) said police is investigating a violent incident that left two of its workers another and injured at one of its mines as unrest continues in the industry.

Weak dollar, no EU deal and fresh violence at South Africa's mines help gold price through $1,750.

DRC president Kabila will likely be violently removed from office should protests in major cities escalate and last longer than one week, according to a report from Exclusive Analysis, a UK-based political risk consultancy.

"I have not yet decided what my future plans will be but certainly retirement will not be part of them."