Absa plans gold ETF expansion
Botswana is to get its first gold backed exchange traded fund with more planned for the rest of Africa, according to Absa which developed the R14.7bn NewGold ETF.
Barrick raises Q2 gold output but copper price weakness to weigh...
BARRICK Gold increased second quarter gold production but said it had received a lower average price for copper amid a recent sell off in...
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
Gold target in reach for Harmony despite seasonal failings
THE 'customary' slow start to the calendar year was behind a 7% quarter-on-quarter drop in production at Harmony Gold, but the firm said its...
Sibanye signs wage accord but AMCU stays out
Despite extending the negotiation period Sibanye has been unable to convince AMCU to sign a wage deal and has settled with the other unions instead.
World’s gold mining companies are “well positioned” to weather COVID-19 storm
THE world's gold mining stocks would be well positioned to weather the COVID-19 storm owing to elevated bullion prices, especially in the first quarter,...
SA mines minister threatens to withdraw Sibanye-Stillwater gold mining licence
SOUTH African mines minister Gwede Mantashe threatened to withdraw Sibanye-Stillwater's mining licence for its gold operations because it was not willing to mine the...
Barrick committed to “mutually beneficial resolution” with Mali
BARRICK Gold was "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, said...
Caledonia Mining defies Zimbabwe economic crisis with 9% quarterly dividend lift
CALEDONIA Mining defied difficult operating conditions in Zimbabwe to unveil a 9% lift to its quarterly dividend - an increase it said was motivated...
Harmony admits PNG political instability raises risk of MoU change on...
HARMONY Gold acknowledged the risk that political changes in Papua New Guinea (PNG) could create a situation where a memorandum of understanding (MoU) regarding...