Randgold growth untroubled by gold ‘correction’
Mark Bristow, CEO of Randgold Resources, said the gold market had corrected and
would lead to better businesses while his firm's own growth plans were undisturbed.
DRDGOLD upbeat on interim dividend prospects despite tripling in 2023 capex
DRDGOLD reported a 19% decline in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) to R386.4m for the September (first) quarter owing to...
Van Kerrebroeck tried to ‘con’ way out of jail
Alleged company hijacker Dennis Van Kerrebroeck may face more charges, as details emerge on how he allegedly tried to swindle his way out of custody.
SA gold shares fly on blunders, short-covering
South African gold shares ended the year strongly - some higher year-on-year - as political blunders and short-covering lift rand-denominated revenues.
Zimbabwe’s Kuvimba in talks to raise $150m for gold expansion
KUVIMBA Mining House, Zimbabwe's state-controlled gold miner, is negotiating with potential partners for a $150m investment aimed at boosting production 50% at its Shamva...
New SA fund targets acquisitions of ‘non-core’ gold mines
BOKAMOSO Gold, a new private equity fund fronted by Billy Mawasha, former head of AngloGold Ashanti’s South African operations, is hoping to buy non-core...
Russia’s Wagner Group strengthens influence over West Africa’s Burkina Faso
FRANCE is to withdraw its military support from West Africa's Burkina Faso within a month, according to a report by Bloomberg News at the...
Harmony to target debt before deals; rules itself out of Acacia
HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...
Harmony’s R3.8bn investment strategy delivers, eyes net cash at current rand...
HARMONY Gold had its R3.8bn investments in the reopening of Hidden Valley in Papua New Guinea (PNG) and the purchase of Moab Khotsong from...
AngloGold set fair for strong 2018 showing as output trends up
ANGLOGOLD Ashanti is set fair for a strong production year in 2018 having racked up between 1.6 million to 1.75 million ounces in output...