Harmony Gold “committed” to $300m Mponeng deal with AngloGold despite lockdown...
HARMONY Gold said it was committed to completing the $300m acquisition of Mponeng and Mine Waste Solutions from AngloGold Ashanti.
The transaction consists of $200m...
GFMS: Gold may reach $1 600
Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.
Centamin may view Endeavour offer with fresh eyes following Rutherford appointment
THE appointment of a new deputy chairman at Centamin might see the Egyptian gold producer become more receptive to the merger proposal submitted by...
Caledonia weighs Zimbabwe tax hike on Bilboes project
ZIMBABWEAN gold miner Caledonia Mining Corp. said on Monday it was assessing the impact of proposed doubling in the royalty rate unveiled in the...
Zimbabwe cuts gold levy to assist revival
Zimbabwe fiinance minister, Patrick Chinamasa, acknowleged the crucial role mining could make in the southern Africa country's revival.
Gold Fields keeping powder dry for higher Gold Road offer?
GOLD Fields is to raise a bond aimed at repaying a $750m bridge facility used in the acquisition of Osisko Mining, a Canadian firm.
In...
Barrick removes Mali complex from 2025 gold forecast
BARRICK Mining has excluded its Mali gold complex from overall output forecasts for 2025 as a two-year dispute with the West African nation's military...
Cash flush gold miners in search of balance between dividends and...
THE world's gold mining companies are facing a fresh dilemma of whether to spend their new-found positive cash flow on increasing dividend payments, or investing...
AngloGold Ashanti to speed up growth
AngloGold Ashanti intends using the extra $600m it will earn in free cash flow annually through removing the gold hedge to speed up its growth projects, two of which are in South Africa.
SA sceptical LBMA system will influence gold
South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.