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First repatriated gold lands in Venezuela

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Amid wild celebrations, a first shipment of gold bars has arrived in Venezuela after President Hugo Chavez ordered almost all the country's foreign bullion reserves be repatriated.

Caledonia Mining looking to reinvest in Zimbabwe through organic growth

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ZIMBABWE'S Caledonia Mining was interested in expanding its footprint in the southern African country by means of organic growth, said Reuters. Citing the company's CFO,...

Harmony set to put cash from bonanza half year into projects

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HARMONY Gold is to report half year share earnings more than 100% higher for the 2023/24 financial year owing to an improvement in the...

Sibanye-Stillwater ekes out pretax profit despite bruising strike-torn Q1

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SIBANYE-Stillwater had rand weakness against the dollar and an improvement in the basket of platinum group metal (PGM) prices to thank for helping it...

Gold Fields to spend R2.3bn as targets 500koz/y for South Deep

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THE latest iteration in getting Gold Fields' South Deep mine operating to its potential has been unveiled by the firm following a 12-month review...

Runs on the board for Harmony in solid production start to...

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HARMONY Gold kicked off its 2018 financial year in promising fashion reporting higher gold production at most of its underground mines in the first...

West African targets $42m extension at Sanbrado

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WEST African Resources said on Tuesday it had identified 560,000 ounces of economic gold that could be mined from the underground expansion of its...

Gold may be heading for decade-long bull phase as memories of...

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THE gold market could be due a major breakout in the coming year as fears escalate the US economy will slide into recession, according...

Hummingbird says Kouroussa reaches commercial production

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HUMMINGBIRD Resources said its Kouroussa mine in Guinea had reached commercial production with gold output for the year likely to be between 45,000 to...

Harmony declares record dividend as net cash mounts

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PROPELLED by record-breaking gold prices Harmony Gold on Tuesday declared a record-breaking interim dividend. Coming in at R1.4bn, the payout was as Harmony's net...