DRDGold makes light of R10bn outlay with record dividend
DRDGOLD raked it in during the six months to end-December as an average gold price received of $3,788/oz (R2.1m/kg) transformed the gold dump retreater’s...
A decade on, Lily Mine rescue remains unresolved
WHEN the Lily Mine collapsed in February 2016, burying three workers underground, it set in motion two parallel tragedies: a humanitarian crisis that has...
Pan African dusts off historic gold in drive for growth
PAN African Resources said on Wednesday it will pay shareholders a maiden interim dividend of 12 South African cents per share, equal to a...
Sibanye-Stillwater cuts gold reserves as Kloof curtailed
SIBANYE-Stillwater's gold mineral reserves fell 6.3% to 9.4 million ounces at end-December owing to a significant writedown at its Kloof mine in Johannesburg.
The Johannesburg-listed...
Mali grants 10-year extension to Barrick mine
BARRICK Mining has secured a 10-year extension for its Loulo gold mining permit in Mali, following approval of a draft decree by the West...
Mind the gap: Sibanye-Stillwater plans new era
SIBANYE-Stillwater’s founding CEO, Neal Froneman, was an expert at reinventing mines. In 2013, he took on Gold Fields’s faltering mines following their unbundling, and...
Caledonia bond issue signals Zimbabwe’s revival
CALEDONIA Mining CEO Mark Learmonth said on Wednesday that the company's $150m international capital raising for its Bilboes gold project had demonstrated Zimbabwe's renewed...
Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over...
10 years later, Lily Mine disaster victims still waiting closure
ON Thursday South Africa commemorated 10 years since the tragic collapse of Lily Mine on the fateful morning of February 5 2016. For the...
Barrick gives green light to IPO of North American mines
BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...