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Shares in Johannesburg-based miner Central Rand Gold rose almost 5% after updating on its loan agreement with Jia Bang Wang, and also confirming a strike by employees.
Central Rand Gold updated the market on its operations and a new source of funding this week, as it prepared to procure a concentrator circuit in a bid to improve efficiency and productivity.
AIM-listed miner Central Rand Gold has bought mine waste dump material close to the company's metallurgical plant in South Africa in order to diversify and expand its revenue stream.
Central Rand Gold announced its unaudited interim results for the six months to 30 June on Wednesday, with its loss before interest, tax and depreciation widening to $1.9m, from $0.7m a year earlier.
Central Rand Gold announced on Friday that it has completed and executed the definitive documents which will govern its Joint Venture Tolling Agreement with the unnamed third party supplier of gold bearing ore.
AIM-listed South African gold mining and exploration company Central Rand Gold said Johan du Toit has decided to step down as chief executive from the end of this year to pursue other opportunities.
Central Rand Gold posted a much narrower loss for the first half of 2015 as it said talks over the sale of its Dutch subsidiary are progressing.
Shares in Central Rand Gold has cast doubt over the potential sale of its Dutch subsidiary, warning it remained "cautious" about a deal being completed.
Shares in Central Rand Gold surged over than 15% on Friday, as the gold explorer announced it had raised £200,000 by issuing 2m new shares at 10p each.
Shares in Central Rand Gold plunged over 14% early on Monday, as the gold explorer said it has extended the completion date for the sale of its subsidiary Central Rand Gold (Netherlands Antilles) NV by a month.
Gold exploration firm Central Rand Gold has entered into a Memorandum of Understanding (MOU) with Beijing Ankong Investments.
Upbeat manufacturing data from top metals user China gave UK mining stocks a big lift on Tuesday as investors turned bullish on the outlook for demand.
Central Rand Gold (CRG) has increased resources at its goldfield project in South Africa.