Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
UK gold explorers crying into their teacups
It's no fun being a gold exploration firm seeking capital at a time when the market is fleeing from anything connected with the yellow metal.
AngloGold bids $2.5bn in cash and shares for Centamin
ANGLOGOLD Ashanti has launched a $2.5bn share and cash takeover of Centamin, the 470,000 ounce a year African gold miner.
The offer, which has received...
Harmony deplores deaths at Kusasalethu
Harmony Gold's Graham Briggs said deaths at the company's Kusasalethu mine on the west Rand was related to inter-union rivalry.
Pan African will aim R2bn to R3bn Mintails at impact investors...
PAN African Resources, a South African gold producer, hopes impact investors will take a shine to a gold dumps retreatment project that could cost...
Harmony to zap R2.7bn debt pile in two years
Harmony Gold hopes to be debt-free when it sets about funding its Golpu project in about two years time.
Endeavour Mining, SEMAFO merger proposal vote set down for May 28
A SHAREHOLDER vote regarding the proposed merger between Endeavour Mining and SEMAFO is to take place on May 28 after the two companies filed a...
Hummingbird expects cost pressures as COVID-19 reverberates through gold sector
HUMMINGBIRD Resources said it was on track to be net cash by the second half of its current financial year, but it also expected...
Gold hedging makes Q1 come back despite price optimism
GOLD hedging – selling gold at a pre-determined price before it is mined - became a dirty couple of words in the mining industry...
Randgold & Exploration’s low-key JSE return
Randgold & Exploration, which was plundered for billions of rands by Brett Kebble, finally resumes trading on the JSE. New CEO Marais Steyn is keen to revive Randgold's fortunes in resources.