Gold price a fillip to company forecasts
South Africa's top three gold producers are expected to report strong earnings for the December quarter, boosted by higher output and a rise in the bullion price, a poll shows.
Barrick inks 50/50 deal with Tanzania, pays $300m in goodwill
BARRICK Gold has agreed to share equally the "economic benefits" generated by the mines of its 63.9%-held listed subsidiary, Acacia Mining, with the Tanzanian...
Pan African points to low cost gold amid Evander restructure talks
PAN African Resources, currently involved in restructuring discussions at its loss-making Evander Gold Mines, sought to highlight the upside of its activities, saying that...
Trucking, carrying costs hurt as Asanko Gold, Gold Fields make start...
ASANKO Gold said it was on course for production of 225,000 to 245,000 ounces in the 2019 financial year as guided following a first...
Sibanye-Stillwater opens restructuring talks at gold mines potentially affecting 6,670 jobs
SIBANYE-Stillwater has alerted staff at its gold operations that will restructure them following their under-performance in a development that may affect 6,670 full time...
DRDGold in R111m bond issue
The JSE has granted DRDGold a listing for a domestic medium-term note
programme, paving the way for the gold miner to raise R111m.
AngloGold may produce up to 200k oz less gold following Covid-19...
ANGLOGOLD Ashanti reinstated production guidance for its 2020 financial year after nearly a six month hiatus, saying it would register between 3.03 to 3.1...
Curtain falls on Mzi Khumalo’s Zimbabwe gold exploits as files for...
THE curtain has fallen on South African mining entrepreneur, Mzi Khumalo's Zimbabwean gold mining exploits after Metallon Corporation subsidiaries, Mazowe Mining Company and Goldfields...
Num to go ahead with South Deep strike
Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.
Chinese pay top dollar for marginal assets
A Chinese firm appears to be paying an exorbitant amount for highly marginal gold assets that Harmony was happy to sell last year at a fraction of the price to current owner Taung Gold.