Gold industry mergers may not bring immediate benefits – Gold Fields’...
NICK Holland, CEO of Gold Fields, anticipates more mergers and acquisitions will take place in the global gold industry this year and was not...
Centamin argues Endeavour merger proposal is about swapping cash flow for...
CENTAMIN said today it was critical of how Endeavour Mining had attempted to open talks on a merger proposal, but it rejected the proposal principally...
Harmony gets its financial ducks in a row
HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...
Barrick’s Bristow says Tanzanian human rights allegations must be heard in...
BARRICK Gold CEO, Mark Bristow, said the company had asked human rights activists to take a claim regarding alleged abuses at the firm's Tanzanian...
Moody’s takes a shine to AngloGold
Moody's expects the elimination of its hedge position will boost AngloGold Ashanti's future operating profitability and cash flow generation.
Venkat optimism dimmed as AngloGold SA mines face “the inevitable”
TWO years ago – when interviewed for the 2015 Miningmx yearbook – AngloGold Ashanti CEO Srinivasan 'Venkat' Venkatakrishnan hit all the right optimistic notes...
AngloGold rolls out $1.1bn emission reduction plan aimed at carbon neutrality...
ANGLOGOLD Ashanti today rolled out plans for a $1.1bn emissions reduction initiative in which the miner intends to be carbon neutral by 2050.
"We have...
AngloGold investment grade upheld by S&P
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.
Harmony Gold boosts cash staggering R1.4bn in third quarter
HARMONY Gold reported a staggering increase in net cash to R1.5bn in the nine months ended March 31 compared to R74m at the half...
VMR stays retrenchments until after COVID-19 lockdown after meeting with mines...
VILLAGE Main Reef (VMR) has postponed retrenchments at its Tau Lekoa and Kopanang mines in South Africa until after the COVID-19 lockdown, said Reuters.
This...