DRDGOLD cuts Blyvoor’s lifeline
DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.
SA gold firms unmoved by in-favour UK market, despite Govt.’s failure...
THE sale of AngloGold Ashanti’s South African assets to Harmony Gold was approved unconditionally last week - a development that potentially frees AngloGold to...
B2Gold aims to double Fekola output even as Mali struggles with...
CANADIAN senior gold producer B2Gold is looking to double production by reaching one million ounces from Mali. This would make good on CEO Clive...
Shanduka won’t leave Pan African in lurch
Pan African Resources said it did not anticipate an overnight change in its empowerment shareholder saying Cyril Ramaphosa's Shanduka was supportive.
Pan African cuts output guidance up to 15% as Eskom outages...
PAN African Resources could report up to 15% less gold than guided in the 12-months ended June after losing 10,000 ounces to Eskom loadshedding....
Sibanye CEO Neal Froneman turns his hand to coal
Sibanye CEO Neal Froneman - known in the gold industry as "Mr Fixit" - is becoming "Mr Multi-tasker" as he moves into coal and platinum mining.
Simmers decides on rights offer soon
Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.
Tau Lekoa lifts Simmers output
Simmer & Jack has reported a 34% rise in gold production, accounting for recently acquired Tau Lekoa's full contribution.
Gold hits record above $4,100/oz on rate cut forecast
GOLD prices surged to a record high above $4,100 on Tuesday, driven by expectations of further US Federal Reserve interest rate cuts and renewed...