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Harmony books dividend lift, but side steps AngloGold rumour

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HARMONY Gold declared a final dividend for the year ended June 30 of 35 cents per share taking the total dividend to 85c/share -...

SA gold sector in danger of self-destruction

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South African gold producers, like their global counterparts, are not moving quickly enough to ensure the survival of the sector, say company executives.

The challenges facing Sibanye-Stillwater’s new boss

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SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...

Central banks the force behind record gold rally, says report

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CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...

Caledonia Mining to issue more shares in Victoria Falls Exchange debut

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CALEDONIA Mining Corporation will increase a planned capital raising as a result of listing  on Zimbabwe's newly created Victoria Falls Stock Exchange (VFEX). It will...

Endeavour announces $448m ‘cornerstone’ Lafigué gold project for Côte d’Ivoire

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ENDEAVOUR Mining said it had started construction of the $448m Lafigué gold project with first production of a proposed 203,000 ounces a year forecast...

Froneman warns Sibanye-Stillwater’s mines could shut if not restored to full...

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THE proposed relaxation of South Africa's lockdown regulations, possibly by month-end according to the country's president, Cyril Ramaphosa, can't come quickly enough for CEO...

Gold One granted $65m loan facility

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Gold One International has received credit approval from two leading international banks - Absa Capital and BNP Paribas - for a $65m loan facility.

Harmony Gold to write down Hidden Valley

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The decline in the gold price and the poor performance of Hidden Valley meant Harmony Gold would have to write down a portion of the asset, it said.

No regrets for high-riding Froneman

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SIBANYE-Stillwater, created in 2013 as a spin-off of Gold Fields' South African assets, has always been defined by its founding CEO, Neal Froneman, a...