Home News

News

Gold climbs on tariff chaos and dollar weakness

0
GOLD extended a run of gains on Monday, rising towards $5,180 an ounce as uncertainty over US trade policy rattled markets and weighed on...

Lebanon gold sale mooted to end financial crisis

0
LEBANESE bankers and politicians are privately debating whether to sell or lease part of the country's vast gold reserves to help resolve an economic...

Behind the boardroom coup at Copper 360

0
LATE on Friday about two weeks ago, a bloodless statement popped onto trader’s screens, speaking blandly of a reshuffle in "executive responsibilities" at Copper...

Loots rules out deals at current gold prices

0
IT'S been a transformative year for Pan African Resources, yet the company remains strongly inward focused for its future growth ambitions. Over the past 12...

AngloGold declares record payout, unveils major gold prospect

0
ANGLOGOLD Ashanti smashed records on several fronts on Friday, announcing a $1.8bn total payout and unveiling details of a project study its CEO described...

Soaring gold saves Sibanye-Stillwater’s Kloof from closure

0
SIBANYE-Stillwater resumed the dividend as a strong rally in precious metal prices – especially gold – buoyed the group's underlying earnings. Presenting its full year...

Anglo takes $2.6bn hit on De Beers as gem destock continues

0
ANGLO American battled during the year to end-December reporting a 66% drop in basic underlying earnings per share on all operations (continuing and discontinued)...

Northam expands credit facility to fund green energy

0
NORTHAM Platinum has increased its revolving credit facility R2bn to R13.3bn, giving the South African miner firepower to accelerate a renewable energy programme targeting...

Congo state miner wins Glencore copper marketing rights

0
THE Democratic Republic of Congo's state mining company, Gecamines, has secured rights to market a significant portion of copper produced at Glencore's Kamoto Copper...

Kumba opens contract talks with Transnet amid uncertainty

0
KUMBA Iron Ore may need more capacity on Transnet's Sishen to Saldanha Bay railway, but where volume isn't in shortage is in complexity. Not,...