Randgold shares fall 60pct on unbundling
Shares in Randgold & Exploration have shed 60.64%, or R8.55, as the company continues its unbundling process.
Sibanye would hike debt R9bn to fund future
Neal Froneman, CEO of Sibanye Gold, said he would take debt to R10bn from the current R1.7bn in a combination of organic and acquisition growth opportunities.
Zambia signs JV with Array Metals as embarks on gold production...
ZAMBIA'S state-owned ZCCM Investments Holdings (ZCCM-IH) has entered into a joint venture with Array Metals, a mining services company, to process production from a...
AngloGold Ashanti stages second half cash flow turnaround
SHARES in AngloGold Ashanti rose 6% in Johannesburg on Friday after it staged a turnaround in cash flow for the second half of its...
CRG’s court bid over revoked right starts
Central Rand Gold says it has started court proceedings in its bid to set aside the decision taken by die Minister of Mineral Resources to cancel its mining right.
Gold Fields’ South Deep to beat output guidance after second successive...
GOLD Fields was on course to exceed full-year production guidance at South Deep its South African mine which generated cash for a second successive...
Harmony may get lift-off on PNG copper/gold project in November
REPORTS in Papua New Guinea (PNG) say Harmony Gold will soon get its greatly desired, much delayed special lease to mine the country’s Wafi-Golpu...
Lenders agree to retain covenant terms on Sibanye-Stillwater debt despite ructions
THE health of Sibanye-Stillwater's balance sheet is likely to remain a theme of the company's business case throughout 2019 as it was in 2018,...
Resolute moves to slash debt through A$140m share deal with institutions
RESOLUTE Mining aims to raise as much as A$200m ($128m) in an equity raise which it will use to reduce debt and part finance...
AngloGold positioned to stage second half cash flow surge on back...
ANGLOGOLD Ashanti would direct any positive free cash flow generated from the improved dollar and rand gold price towards debt reduction after posting improved...