Centamin interim dividend is despite slow start to 2024
CENTAMIN is to pay out 53% of interim cash flow after declaring a 2.25 US cents per share dividend. The payout is on the...
Froneman promises “comprehensive investigation” into Driefontein tragedy
SIBANYE-Stillwater is to embark on a "comprehensive investigation" into a seismic event at its Driefontein operations west of Johannesburg last week which resulted in...
Gold Fields hires Canadian bank to explore selling 30% of Salares...
GOLD Fields hired RBC Capital Markets to explore the sale of a 30% stake in the South African gold miner's project in northern Chile,...
AngloGold demerger may be revisited
AngloGold may have set the ball rolling on cost-cutting in South Africa, but further out, mine closures and even more profound restructuring may be required.
Resolute to ease balance sheet woes after equity raise underwritten for...
RESOLUTE Mining raised A$96m from institutional investors ($65m) which is will use to help lower debt and finance its operations in West Africa.
The equity...
AngloGold misses output guidance
AngloGold Ashanti has sunk to its lowest level in 12 months as the company’s
first-quarter output fell short of guidance.
Half of Pan African shareholders oppose firm’s executive pay
NEARLY half of shareholders who voted at Pan African Resources annual general meeting on November 23 declined to support the company's scheme for executive...
Singapore’s Abaxx Exchange to launch new gold contract
SINGAPORE-based startup Abaxx Exchange is launching a new physical gold contract next month, seeking to challenge London and New York's grip on the global...
Caledonia reports 6.2% year-on-year increase in June quarter production from Blanket
CALEDONIA Mining Corporation reported a 6.2% increase in second (June) quarter gold production of 12,712 ounces compared to the corresponding quarter of the previous...
Harmony to douse Kusasalethu cash burn
Harmony Gold is to cut production its cash haemorraghing west Rand mine, Kusasalethu as restructuring intensifies in the South African gold industry.