Backwardation expresses gold price volatility
Gold dabbled in backwardation earlier this month, a rare event that underlines how difficult it is becoming to guess at the metal's next move.
Endeavour closes sale of non-core Ghana mine, Nzema
ENDEAVOUR Mining said it had closed the sale of its 90% interest in the Ghana mine, Nzema, a transaction first announced in August. The...
Resolute toes the line on Mali’s Mining Code as CEO takes...
Gold miner Resolute Mining will make a third and final payment of $30m to the government of Mali at the end of this month,...
Sibanye to restart operations at Cooke on July 3
Sibanye Gold will restart operations at the group’s Cooke shafts on July 3 following the end of an unprotected strike which started on...
Gold’s new-found popularity asking its miners to improve ESG compliance
THE improvement in the gold price this year has attracted a broader class of investor to the mining companies that mine the metal.
However, this...
Barrick committed to “mutually beneficial resolution” with Mali
BARRICK Gold was "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, said...
Former AngloGold Ashanti chairman quit role amid sexual harassment investigation
SIPHO Pityana, a former director of AngloGold Ashanti, resigned as the firm's chairman in December 2020 following an investigation into a complaint of sexual...
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,...
Gold Fields in flux despite return to profit
Gold Fields clawed itself to profit in the September quarter, but the group is selling assets, closing others, and awaits the outcome of the SEC investigation.
Kodal shares under pressure as market absorbs tax dispute
SHARES in Kodal Minerals lost more ground on Wednesday as the market absorbed a dispute between the UK-listed firm and its joint venture partner,...