Pretorius defends Sibanye deal against claim it was too cheap
THE financial benefits for DRDGold shareholders from the deal struck with Sibanye-Stillwater (Sibanye) to acquire the West Rand tailings retreatment project outweigh the penalty...
Gold and other metals expected to soar as world roils from...
GOLD is a disaster metal. In other words, its price improves when notions of the good life are threatened. This seems a time-honoured fact...
Newcrest suspends Ivory Coast operations
Newcrest Mining has suspended operations at its Bonikro gold mine in Ivory Coast due to a "deterioration in the security situation".
Centamin to remain under pressure whilst management credibility deficit continues
SHARES in Centamin could remain under pressure for the foreseeable future unless the company was able to set out a short- to medium-term production...
SA gold company earnings to jump
The gold price hit record levels in rand terms during the September quarter, meaning the SA gold companies should be about to report healthy increases in earnings.
Modder East strike hits Gold One output
Gold One International’s second-quarter production has come in lower than
guidance, mainly due to labour-related disruptions at its flagship Modder East
mine.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
Hedging overshadows Gold Fields’ 2020, commits 1m oz in new contracts...
GOLD Fields quadrupled headline earnings to $729.3m (2019: $162.7m) in the year to December despite its results being negatively affected by realised losses from...
Gold Fields plans 5-year South Deep return
Gold Fields CEO, Nick Holland, said that income of R6.5bn a year would help pay back the R35bn in total investment in South Deep within five years.
DRDGOLD: time for ‘waffling’ to end
DRDGOLD CEO Niel Pretorius has given an impassioned but forthright assessment of how exorbitant costs, uncertainty and nationalisation talks are hurting SA's mining industry.