Barrick restructuring hinges on Newmont’s approval
CANADIAN miner Barrick's planned spinoff of North American assets depends on joint venture partner Newmont, said Reuters citing documents it had seen and the...
Zimbabwe’s Kuvimba in talks to raise $150m for gold expansion
KUVIMBA Mining House, Zimbabwe's state-controlled gold miner, is negotiating with potential partners for a $150m investment aimed at boosting production 50% at its Shamva...
Paulson cuts gold ETF, upbeat view stays
Hedge fund manager John Paulson has cut his gold ETF bullion holdings by about $600m in the fourth quarter, a second straight reduction.
Gold Fields’ shares expected to lag until management vacuum filled say...
SHARES in Gold Fields are forecast to underperform owing to management and strategic uncertainty following the shock resignation of CEO since April 2021, Chris...
Gold reclaims safe haven status as COVID-19 leads to “massive currency...
GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...
Centamin interim dividend is despite slow start to 2024
CENTAMIN is to pay out 53% of interim cash flow after declaring a 2.25 US cents per share dividend. The payout is on the...
DRDGold increases unit cost guidance for 2024
DRDGOLD forecast full year gold production for the 12 months ended June to come in at the lower end of its 165,000 to 175,000...
Centamin’s Doropo project could be game changer for firm’s under pressure...
CENTAMIN is to pay a minimum 5 US cents per share dividend in the current financial year after reporting a decline in profits for 2021...
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...
Tau Lekoa lifts Simmers output
Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.