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Harmony’s in race against time as suns sets over SA gold

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HARMONY Gold CEO, Peter Steenkamp, has done better than many believed possible since he took over the troubled gold group in January 2016 with...

Froneman sets out plan to double Sibanye-Stillwater size, but sees SA...

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NEAL Froneman, CEO of Sibanye-Stillwater, said he intended to double the size of the company through acquisitions in battery minerals or gold, according to...

Endeavour hoping for re-rating as sets sights on payout improvement, organic...

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ENDEAVOUR Mining's operating target this year was brownfields expansion and resource renewal, said Sébastien de Montessus, the group's president and CEO. "Given the significant potential...

Centamin targets mid point of 2021 gold production guidance

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CENTAMIN had targeted full year production of about 415,000 ounces of gold, the mid-point of its 400,000 to 430,000 oz guidance for the 12...

Harmony Gold signs historic 6% wage deal with all unions

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HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from...

Hummingbird awards $112m Yanfolila mining contract to AMS

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UK-listed gold mining development firm, Hummingbird Resources, said it had appointed a $112m mining contract for its Yanfolila project in Mali to African Mining...

Harmony gets its financial ducks in a row

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HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...

B2Gold flags lift in 2023 costs as pushes on with Fekola...

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B2GOLD forecast an increase in costs at its Fekola mine in Mali in 2023 owing to an increase in capital expenditure. The mine would incur total...

West African Resources targets 400k oz/year after buying Kiaka project from...

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WEST African Resources aimed to become a 400,000 ounce a year gold producer by 2025 following the acquisition of the Kiaka gold project from...

Centamin estimates Doropo capex at $349m following prefeasibility finding

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CENTAMIN said today its Côte d’Ivoire gold project Doropo would cost about $349m to build and produce an average of 173,000 ounces a year...