West African Resources repays $25m loan early, targets deleveraging in 2021
AUSTRALIAN-listed gold miner, West African Resources, said it had paid a $25m loan early to investor Taurus Funds Management reducing its overall debt facility...
Shanta Gold share price smacked after forecasts a 25% production cut...
SHARES in Shanta Gold fell 23% to their lowest level since April following a second quarter update in which forecast annual gold production was...
World’s gold mining companies are “well positioned” to weather COVID-19 storm
THE world's gold mining stocks would be well positioned to weather the COVID-19 storm owing to elevated bullion prices, especially in the first quarter,...
Harmony Gold to maintain dividends despite facing two years of heavy...
HARMONY Gold CEO Peter Steenkamp said the company would continue paying dividends despite warning that free cash would be constrained in the current financial...
AngloGold ups its stake in Brazilian mine
AngloGold Ashanti has bought the 50% it doesn’t already own in Brazil’s Serra
Grande mine from Kinross Gold for $220m.
DRDGOLD output falls, plans Blyvoor sale
DRDGOLD says its output has fallen as expected in the March quarter, while headline earnings rose because of a deferred tax credit.
Gold Fields hits new high as Gruyere takeover approved
GOLD Fields has secured complete ownership of the Gruyere gold operation after Gold Road Resources shareholders overwhelmingly endorsed the South African company's $3.8bn acquisition...
The challenges facing Sibanye-Stillwater’s new boss
SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...
Pan African COO “seriously injured” after attack in “failed robbery”, says...
PAN African Resources said today its chief operating officer Bert van den Bergh was "seriously injured" in a failed robbery at his home in...
Kinross overhauls Tasiast royalty agreement with Mauritania as sides end two-year...
KINROSS Gold is to overhaul Tasiast mine’s royalty agreement with the Mauritania government that could see the Canadian firm double the royalty were the...