SA golds head for another day of pain
South African gold stocks were set to endure another day of losses as the price of
gold shed 3.9% in Singapore.
Gold Fields plans 5-year South Deep return
Gold Fields CEO, Nick Holland, said that income of R6.5bn a year would help pay back the R35bn in total investment in South Deep within five years.
Sibanye-Stillwater buy-back proves firm won’t “waste money” on M&A says Froneman
SIBANYE-Stillwater opted to buy back R10bn worth of its shares last week in a demonstration that it wasn’t going to waste money on mergers...
AngloGold is cutting its ties to SA in more ways than...
IT’S not often CEOs acknowledge the advances of a rival company but Alberto Calderon has no such qualms. In adopting a swingeing review of...
Asanko Gold to buy back shares after recognising $128m write-down on...
ASANKO Gold Inc., the Toronto-listed gold producer, is to buy back up to 5% of its shares, equal to about $9.8m at their current...
Centamin reports 13% lift in taxed profit in delayed 2019 financial...
CENTAMIN reported a 13% increase in profit after tax for its 2019 financial year owing to "solid cost management and improved grade," according to...
Resolute Mining forecasts 371,000 oz upper target in gold production for...
RESOLUTE Mining, the Sydney- and London-listed mid-tier gold producer, has forecast production for its 2021 financial year of 350,000 to 371,000 ounces which it...
Acacia to “reach out” to Tanzania’s government as dispute turns toxic,...
ACACIA Mining said it planned to resume direct negotiations with the Tanzanian government following a "deeply concerning" escalation in tensions which have seen former...
Kinross puts cost of Tasiast mill refurb at $20m as mine...
KINROSS Gold said the cost of restarting a mill hit by fire at its Tasiast mine in West Africa's Mauritania in June would come...
Resolute’s Holohan says turnaround not complete for another six months
CONSOLIDATION and consistency are the goals for Resolute’s CEO Terry Holohan this year after taking over the helm of West Africa's serial under-achiever 10...