AMCU raises stakes in secondary strike at Sibanye-Stillwater’s platinum operations
THE relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a decisive turn for the worse today after the union...
Centamin capital review may weigh up flexibility for share buy-back
CENTAMIN was undertaking a review of its capital structure in which it would weigh its approach to debt funding, and possibly whether it had...
AngloGold targets 30-40% cut in cash costs in bid to secure...
ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...
Pan African to hit production target despite Barberton issues
London and JSE-listed gold miner Pan African Resources says it will hit production guidance of 185,000oz for its financial year to end-June despite community...
Pan African raises confidence in higher end of 2024 gold target
PAN African Resources increased forecast production for its 2024 financial year to between 180,000 to 190,000 ounces following a strong showing in the first...
Perseus raises prospect of special dividend after cash flourishes
PERSEUS Mining increased cash and bullion to $594m at the close of the September quarter which CEO Jeff Quartermaine said boosted the firm's chances...
Sibanye whacked by 14% lower rand gold price in March Q
A DECLINE in the rand gold price and lower gold production dented Sibanye Gold's net operating profit for the March quarter, although its fortunes...
AngloGold cuts dividend in $482m savings drive
AngloGold Ashanti said it would cut the second quarter dividend as it slashed corporate, exploration and capital costs amid a 25% gold price dive.
AngloGold declares record payout, unveils major gold prospect
ANGLOGOLD Ashanti smashed records on several fronts on Friday, announcing a $1.8bn total payout and unveiling details of a project study its CEO described...
AngloGold hedge unwind reflects optimism
AngloGold Ashanti believes the decision to unwind the bulk of its gold hedgebook reflects the company's confidence in the likely direction of the gold price.