AngloGold bids $2.5bn in cash and shares for Centamin
ANGLOGOLD Ashanti has launched a $2.5bn share and cash takeover of Centamin, the 470,000 ounce a year African gold miner.
The offer, which has received...
Perseus increases stake in Predictive Discovery to 19.9%
PERSEUS Mining today increased its stake in Predictive Discovery to 19.9% after buying a 13.82% foothold in the company last month.
However, Perseus said a...
Harmony says Free State surface gold could be mined for 100...
HARMONY Gold will complete studies into a tailings project in South Africa's Free State province this year that could ensure gold production from the...
Pan African says full year earnings to be 25-35% higher
THE improvement in the gold price and higher gold sales will help Pan African Resources to a 25% to 35% earnings improvement for the...
Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
Resolute bolsters balance sheet with $140m in senior debt
RESOLUTE Mining has raised $60m in debt boosting its plans to expand gold production in West Africa where it currently operates two mines.
Senior debt...
Ghana targets massive increase in gold production
GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces.
Martin...
Congo looking for buyers of artisanal gold
THE Democratic Republic of Congo is looking for new buyers of artisanally mined gold from its eastern territories after taking full control of Primera...
Sibanye-Stillwater earnings plummet as axe hovers over US mine
SIBANYE-Stillwater will report a more than 100% decline in basic earnings for six months ended June owing to depressed metal prices which resulted in...
Resolute in ‘best position’ for years as net cash grows
RESOLUTE Mining, a gold mining firm operating in West Africa, was in its "strongest position for several years" having built net cash reserves of...