Harmony lands solid profit despite R325m strike hit
Harmony Gold estimated a strike at its Kusasalethu mine carried a total opportunity
cost of R325m, but nonetheless produced impressive September quarter figures.
Pan African cracks US index after Van Eck takes 5.9% stake
PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a...
Harmony sets out stall ahead of $100m Moab deal capital call
HARMONY Gold set its stall out ahead of asking shareholders to support a $100m (R1.4bn) capital raise saying the purpose of the exercise -...
Resolute announces departure of CEO, John Welborn, saying seeking operational improvement
IN a surprise development, John Welborn has stepped down from Resolute Mining, the Sydney and London-listed mid-tier gold producer of which he was CEO...
Gold Fields wins court interdict against NUM as South Deep strike...
GOLD Fields said between 150 and 200 members of the National Union of Mineworkers (NUM) had blockaded entrances to South Deep mine where strike...
India nearly doubles gold import duty
India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.
Perseus nearing $80m debt deal for Sissingué
A debt finance package of up to $80m for the $106m Sissingué gold project in Côte d’Ivoire was imminent after "very, very good" discussions,...
The last thing Acacia needs: a human rights brouhaha entering the...
LIFE became somewhat more complex for Acacia Mining following a report in the UK's Guardian which said end-users of gold such as Canon and...
Harmony off to slow start
Harmony Gold's ambition of mining 1.7 million oz in its new financial year has hit an early setback as the group reported production figures of 336,650oz for the first quarter.
Kinross CEO Rollinson says Mauritania’s Tasiast was group’s stand-out performer in...
KINROSS president and CEO, J. Paul Rollinson, said the firm's Tasiast mine in Mauritania was its standout performer for the 2020 financial year ended...