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Harmony pays dividend but CEO collects flak for Hidden Valley

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HARMONY Gold is to pay a 50 South African cents per share dividend after another robust set of results in which it whittled net...

Gold Fields targets 1 mln oz in S. America

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Gold Fields aims to produce one million ounces of the precious metal per year in South America by 2015, says the company's regional chief.

Covid-19 wave, PNG troubles dent Harmony Gold’s Q3, but firm on...

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HARMONY Gold is on course for impressive year-on-year operating and financial results, but the third quarter performance underpins short-term stressors as Covid-19 interrupted production...

Harmony Gold to write down Target North by R2.79bn

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HARMONY Gold plans to write-down its Target North gold resource in the Free State province for R2.79bn – a development that takes the gloss...

Hostile Newmont merger proposal created conditions for Barrick JV

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MARK Bristow, CEO of Barrick Gold, said the firm’s hostile takeover bid for Newmont Mining may have been conducive to creating a platform for...

Acacia liquid for “an extended period” after exports resume, but gold...

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ACACIA Mining was granted a temporary respite following the resumption of gold exports from the company's North Mara mine in Tanzania, but the government...

Great Basin sweetens $50m share placement

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Great Basin Gold has refashioned an earlier share placement, offering shares more cheaply and adding a half warrant per share as a sweetener to a disaffected market.

Barrick may take collective approach to resolving Tanzanian tax dispute

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MARK Bristow, the incoming CEO of Barrick Gold, said it was "not a bad idea" for Tanzania's mining industry to use a collective approach in...

Holland in race against time at South Deep

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One view about Gold Fields' Nick Holland is that if the SEC investigation doesn't get him, South Deep will - with the latter the more short-term threat to his tenure.

Harmony to spend $180m doubling Hidden Valley after $1 deal

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HARMONY Gold is to buy out joint venture partner Newcrest Mining's 50% stake in Hidden Valley and invest $180m in the Papua New Guinea...