Sibanye-Stillwater extends debt reduction drive with R1.75bn Citibank gold sale
SIBANYE-Stillwater extended its debt-reduction programme by $125m (R1.75bn) after agreeing with Citibank to sell forward 105,906 ounces of gold in the fourth quarter of...
Gold Fields’ torrid first quarter sees Salares Norte fall short
GOLD Fields on Tuesday warned of further production difficulties at its $1.2bn Salares Note mine in Chile which it said was ramping up slower...
AMCU votes to strike at gold mines
The Association of Mineworkers & Construction Union voted in favour of a strike over wages at the mines of Harmony Gold, AngloGold Ashanti and Sibanye Gold.
African Gold Group says Kobada prospect to produce 100,000 oz/year
A TORONTO-listed junior miner said it had discovered West Africa's next gold mine of scale announcing today a definitive feasibility study scoping for 100,000...
AngloGold Ashanti to post high-flying headline earnings, production of 3m oz
ANGLOGOLD Ashanti will report headline share earnings for 2020 of between 229 and 247 US cents a share which compares to 91 US cents...
Gold hedging losses to knock Pan African profits 23%
PAN African Resources was on the wrong end of its hedging contract in the 12 months ended June booking a $5.8m loss on one...
Power hikes hit DRDGOLD
Eskom's winter power surcharge and wage increases have cut into the fortunes of gold producer DRDGOLD, which reported a 24% quarterly decrease in operating profit.
Harmony considering West Africa gold expansion
HARMONY Gold is considering plans to expand in Africa in an effort to dilute the risk presented by its mature South African operations from...
Allied raises $53m in gold streaming deal with Triple Flag
ALLIED Gold Corp. said on Thursday it had sold forward gold production until 2027 in a streaming deal with Triple Flag International, raising $53m...
Resolute confirms reports in talks to sell Ravenswood to EMR for...
RESOLUTE Mining confirmed media speculation in Australia on Monday it was in advanced negotiations to sell its Ravenswood mine to private equity firm, EMR...