Gold surges to high but risk of short-term pull back
THE gold price surged to its highest level since the Covid pandemic amid growing expectations for US rate cuts early next year. This was...
Barrick’s $1.95bn Newmont deal clears path to IPO
BARRICK Mining has cleared a significant hurdle ahead of its proposed North American IPO after reaching an agreement today with rival Newmont to expand...
Platinum, gold CEOs say it’s time to bring curtain down on...
THE era of deep-level gold and platinum mining in South Africa, which is the world leader in these fields, is drawing to a close...
Barrick concedes progress on Acacia, Tanzania Govt dispute talks “slowed”
BARRICK Gold had not engaged its 64.9%-owned African miner Acacia Mining in discussions about "a private deal", but it acknowledged that separate discussions with...
Barrick Gold heads off AJN Resources bid to buy 10% stake...
TORONTO-listed junior miner, AJN Resources, called off plans to buy a 10% stake in Kibali, the Democratic Republic of Congo's (DRC's) largest gold mine...
DRDGOLD to sustain 14-year dividend run despite third quarter earnings slump
DRDGOLD remained on course to pay a year-end dividend despite a slump in third quarter earnings quarter-on-quarter which was a consequence of lower gold...
Panel to grill Motala, others on Pamodzi
Liquidator Enver Motala and five of his colleagues have been hauled in front of the Master of the Pretoria High Court to explain their roles in the liquidation of two Pamodzi mines.
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...
Central banks figure highly in gold purchases in 2018, says World...
CENTRAL Bank purchases figured highly in overall gold demand last year but investment interest in gold as indicated by bullion-backed exchange traded fund (ETF)...
Bristow says Barrick dividend boost is sustainable, but cautions of growing...
BARRICK Gold increased the dividend another cent for the third quarter, but the group’s CEO, Mark Bristow, said investors could expect a conservative approach...