Sibanye lifts equity in Stillwater deal to R17bn amid debt fears
SIBANYE Gold is to increase the equity portion of its $2.2bn (R29.5bn) bid for Stillwater to more than half the total following meetings with...
Ghana targets massive increase in gold production
GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces.
Martin...
Golden Star says study shows 75% increase in Wassa gold production...
GOLDEN Star Resources, a Toronto-listed firm, has forecast average annual gold production of 294,000 ounces for 11 years from Wassa, its Ghana gold mine...
Barrick posts first half production at midway of 2020 guidance despite...
BARRICK Gold Corporation reported first half gold production of 2.4 million ounces, midway of the Canadian headquartered firm's 2020 guidance of 4.6 million to...
Paulson cuts gold ETF, upbeat view stays
Hedge fund manager John Paulson has cut his gold ETF bullion holdings by about $600m in the fourth quarter, a second straight reduction.
Newcrest halts Ivory Coast operations
Newcrest Mining has temporarily suspended operations at its Bonikro gold mine in Ivory Coast as precaution due to possible security issues tied to the recent election tensions.
Gold hits fresh record as Fed easing expected
GOLD soared to a record $3,600 per ounce on Monday, extending a remarkable rally fuelled by anticipation of imminent US interest rate reductions and...
Harmony least attractive of SA gold majors despite improvements – JP...
THE good news for Harmony shareholders following this week’s results for the year to end-June is that JP Morgan Cazenove reckons the group has...
Pan African considering closures as rand hurts high cost shafts
PAN African Resources is staring down the barrel at further retrenchments and possible shaft or mine closures should the dollar price of gold stay...
Output, costs hit Gold Fields’ profits
Gold Fields’ operations in West Africa to some extent made up for production losses elsewhere in the first quarter, but its margins came under pressure, hitting the group’s bottom line.