Bristow calls ‘B-S’ on retirement speculation
BARRICK Gold CEO Mark Bristow has described an article in Toronto newspaper The Globe and Mail reporting that he "raised the possibility he may...
Buffelsfontein illegal miners arrested after resurfacing
FOURTEEN illegal miners were arrested on Sunday night after emerging from the closed Buffelsfontein mine near Stilfontein, according to a report by TimesLive.
One of...
Sibanye-Stillwater kicks off R1.7bn fund with strategic stake in European battery...
SIBANYE-Stillwater has invested R425m (€25m) in a French electric vehicle battery manufacturer which will be supplied with battery metals mined and processed from assets...
Rising bets on lower gold price
According to Dow Jones Newswires’ Matt Day, fund managers are ramping up their short positions on gold as they bet the commodity price will move lower in the coming weeks.
AngloGold to comply with DMR directive on empowerment share deal
ANGLOGOLD Ashanti is to amend mining rights following two empowerment transactions that may have contravened black economic empowerment rules, said Bloomberg News.
The alleged contravention...
Sibanye-Stillwater hauls in capex R550m in defence against rand
SIBANYE-Stillwater fought against the effects of the improved rand/dollar exchange rate in the March quarter thanks largely to the first fruits of an operational...
Acacia ‘has potential’ to beat dividend policy after strong year
ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...
Sibanye-Stillwater cuts gold reserves as rand price hits record
SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months.
This comes as...
Pan-African lifts dividend, targets 250koz/year
Pan African Resources posted lower headline earnings but lifted the dividend in a signal it remained confident in its growth aspirations kept at 250,000 ounces/year.
China snaps up SA gold firm
Chinese firm Wing Hing International says it has acquired 87% of Taung Gold in a multi-billion rand deal.