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Gold rises in line with euro recovery

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Gold is rallying and boosted by a rise in the euro against the dollar, after the price hit its lowest in nearly six months last week in a flurry of year-end speculative selling.

Randgold sticks to 2018 targets after lower output batters profit

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RANDGOLD Resources doubled its dividend, as expected, and kept to 2018 production guidance of 1.3 million to 1.35 million ounces of gold following a...

Hummingbird secures $55m debt in effort to consolidate recovery

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HUMMINGBIRD Resources has secured $55m in funding which it will use to support Kouroussa, a new mine in Guinea as well it assist ongoing...

Resolute underscores asset life and scale focus as concludes A$100m Ravenswood...

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RESOLUTE Mining confirmed the sale of its 54,500 ounce a year Ravenswood mine in Australia's Queensland to a consortium led by EMR Capital for...

Harmony gives green light to $1.55bn Eva copper project

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HARMONY Gold has given the green light to its Eva copper project in Australia saying on Monday the project would cost $1.55bn over a...

Gold industry warned to keep discipline amid euphoria

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A GOLD industry executive has warned the sector to retain its technical discipline amid record prices for the metal. Speaking to the Financial Times, Fortuna...

Return of resource nationalism to blame for declining rates of exploration...

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EXPLORATION expenditure in Africa had dropped off sharply in recent years because of a growing number of barriers to new investment of which the...

Gold poised as correction nears end

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Analysts reckon that news China would not add significantly to its gold reserves had been absorbed and that the correction in the gold price was almost out of the system.

Harmony to resume dividend after three year hiatus as firm shrugs...

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HARMONY Gold reinstated the dividend - the first in three years - after a 31% improvement in the rand gold price helped the company...

Trucking, carrying costs hurt as Asanko Gold, Gold Fields make start...

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ASANKO Gold said it was on course for production of 225,000 to 245,000 ounces in the 2019 financial year as guided following a first...