Pretorius defends hedge as survival strategy for DRDGold amid capex spend
DRDGOLD CEO, Niël Pretorius, has defended his company's decision to hedge about a third of company gold production this year, saying that it's necessary...
AngloGold’s Dushnisky marks presence in absentia, but questions abound
KELVIN Dushnisky is expected to formally make his first public appearance as CEO of AngloGold Ashanti later this month at the Denver Gold Show,...
Pan African uncovers near-term gold mine at historic Royal Sheba
AFTER months spent scouring Africa for new sources of gold production, Pan African may has discovered high grade growth ounces at its Royal Sheba prospect...
DRDGold to hedge third of 2019 output as embarks on expansion
DRDGOLD today departed from a long-standing commitment not to hedge its gold production in acknowledgement that a transaction with Sibanye-Stillwater unveiled some 10 months ago...
Endeavour to sell Tabakoto mine in Mali to Algom Resources for...
ENDEAVOUR Mining made short work of its desire to sell Tabakoto, a gold mine in Mali which the Toronto-listed group said at its second...
Arendse’s SSC sets out high ambitions after buying Lily mine
FRED Arendse tells an interesting story about being called into the offices of Ralph Havenstein, then the CEO of Anglo American Platinum (Amplats). Arendse...
Harmony least attractive of SA gold majors despite improvements – JP...
THE good news for Harmony shareholders following this week’s results for the year to end-June is that JP Morgan Cazenove reckons the group has...
Reluctant boss, Venkat, was AngloGold’s change agent provocateur
For a person with an avowed dislike for change, it’s astonishing how much of it Srinivasan Venkatakrishnan (Venkat) has brought about at AngloGold Ashanti,...
Sibanye-Stillwater was not negligent on safety says Neal Froneman
Sibanye-Stillwater, the US and SA platinum group metals (PGM) and gold miner, does not expect to be fined by the SA regulators for safety...
Could Obuasi turn into AngloGold Ashanti’s version of South Deep?
It’s all systems go for AngloGold Ashanti’s $500m project to re-open the Obuasi mine in Ghana but Citigroup analyst Johann Steyn raised an unnerving...