‘Nick did the right thing by demerging Gold Fields’ mines’
BY all accounts Neal Froneman, CEO of Sibanye Gold and Gold Fields CEO, Nick Holland get on. They were colleagues once when Holland was...
Perseus secures ‘upsized’ $300m credit facility ahead of Meyas Sand decision...
PERSEUS Mining bolstered its balance sheet ahead of a decision on whether to proceed with the development of its Meyas gold project in northern...
Harmony CEO sniffed out ‘hijacker’
Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.
B2Gold to publish Fekola expansion study in first quarter of 2019
B2GOLD, the Toronto-listed gold production firm, said it intended to publish results of a study into expanding its Fekola gold mine in Mali, due...
Gold ETFs surge $23bn to highest quarterly increase on back of...
PURCHASES of gold-backed exchange traded funds (ETFs) surged $23bn in the first quarter - the highest quarterly increase in absolute dollar terms - and...
Gold price must improve to incentivise industry recovery: Holland
THE world's gold industry will need the price of its metal to improve further in order to support investment in fresh resources, said Gold...
AngloGold begins fresh round of cost cutting
The National Union of Mineworkers said it had held preliminary talks regarding voluntary separation packages for workers in some categories.
Paulson, Soros lift gold holdings as metal falls
Billionaire investors John Paulson and George Soros both lifted their stakes in
exchange traded fund, SPDR Gold Trust, in the June quarter - even though gold
shed 4% during the period.
Sibanye-Stillwater earnings knocked by impairments
Sibanye-Stillwater's interim headline earnings surged 19-fold to 190 SA cents per share, driven by higher prices and cost containment, and the company said it...
Trucking, carrying costs hurt as Asanko Gold, Gold Fields make start...
ASANKO Gold said it was on course for production of 225,000 to 245,000 ounces in the 2019 financial year as guided following a first...