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Centamin interim dividend is despite slow start to 2024

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CENTAMIN is to pay out 53% of interim cash flow after declaring a 2.25 US cents per share dividend. The payout is on the...

Randgold to judge Massawa by year-end as project seeks 3m oz

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RANDGOLD Resources would make an investment call on its Massawa project in Senegal before year-end after completing testwork that showed three-quarters of the prospect's...

R&E profit leaps to R792.8m

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Randgold & Exploration, which recently re-listed on the JSE after a five-year absence, has reported a massive jump in first half earnings by posting a profit of R792.8m compared to R11.1m previously.

AngloGold aims for 5.5 mln oz by 2014

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AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.

VMR recovery arrested by gold cost hangover

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Village Main Reef's Tau Lekoa showed good form with record production and healthy cash generation, but costs from discontinued mines hurt the bottom line.

Steenkamp insists Harmony can take the strain of R4.1bn Australian expansion

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HARMONY Gold pushed the boat out in an unexpected way earlier this month, announcing the R4.1bn purchase of Eva, a copper project in Australia. The...

Great Basin buys time as suitors mull Burnstone

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The Canadian firm is hoping to win time to seal the sale of its Burnstone mine for which there are two potential suitors.

Kinross Gold secures $300m loan finance for phase two expansion of...

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KINROSS Gold has secured $300m in finance for the expansion of its Mauritania gold mine, Tasiast, increasing gold production to an average of 563,000...

Harmony to deliver 1.1 million oz as crucial year beckons

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HARMONY Gold is on track to produce more than 550,000 ounces of gold in the six months ended December - a year-on-year interim increase...

CEOs confounded by disconnect between shares and gold price

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THE massive underperformance of gold equities compared with movements in physical gold appears to be due to different views on the metal between major...