Neal Froneman snaps up Grootvlei
UPDATED: Neal Froneman’s Gold One International and Goliath Gold have
confirmed the companies would acquire the liquidated Pamodzi Gold’s East
Rand assets for R70m.
Hummingbird targets net debt after commissioning Guinea gold mine
HUMMINGBIRD Resources was on track to produce 80,000 to 90,000 ounces of gold this year after stabilising production at Yanfolila, its mine in Mali.
Commenting...
Pan African says one year wage deal with NUM due to...
PAN African Resources agreed an 8% wage increase with the National Union of Mineworkers (NUM) for employees at its Barberton Mines, but it will...
DRDGOLD hits roadblock after Dept of Water frustrates R1bn tailings facility...
DRDGOLD has delayed plans to build a massive R1bn tailings facility as part of the expansion of its Far West Gold Recoveries (FWGR) opting...
Gold Fields refinances balance sheet as M&A looms large
GOLD Fields claimed to have achieved "a key milestone" in its balance sheet management, announcing today it had refinanced $1.44bn in credit so that...
Gold’s on the rise, but which is best: the share or...
IT has been nearly five years now since the peak in the gold price at over $1,900 per ounce, which was followed by a...
Froneman prepares to play cards in effort to reboot Sibanye-Stillwater’s flagging...
NEAL Froneman, CEO of Sibanye-Stillwater, is an interesting chap. Among the most watchable of his many drawcards is the fact he rarely sticks to...
AngloGold upgrades payout policy to 50% of free cash flow
ANGLOGOLD Ashanti has capped a strong year of share price gains unveiling today an upgraded dividend policy in which it would pay 50% of...
Gold Fields merges Kloof and Driefontein
Gold Fields has merged its flagship Kloof and Driefontein mines, shedding 115 top management jobs in the process, as it looks to lower costs and improve profit margins.
B2Gold doubles dividend as gold price trades $200/oz higher than firm’s...
B2GOLD declared a second quarter cash dividend of $0.02 US cents a share which will take its full-year payout to $0.08c/share.
This doubles the maiden...