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Pan African dusts off historic gold in drive for growth

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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

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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

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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

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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

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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

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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

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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

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BARRICK Mining has given the green light to a separation of its North American gold mines through an IPO which it expects to be...

Riskier but gold’s mid-tier and junior miners offer value

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PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the...

Harmony to hit interim guidance despite hiccoughs in Q2

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HARMONY Gold said on Tuesday it would meet production guidance of between 1.4 to 1.5 million ounces for the first six months of its...