DRDGold boss cautions investors as stock hits 23 year high
FORMER DRDGold CEO Mark Wellesley-Wood once famously dubbed the company the ‘Roodepoort Rocket’ because of the way in which the share price took off...
Galiano Gold says Ghana mine costs to be “elevated” in 2025
GALIANO Gold has forecast gold production of between 130,000 to 150,000 ounces for the 2025 financial year increasing to 200,000 oz annually within two...
Chinese group confirms Gold One bid
Gold One International has confirmed a consortium of Chinese investors wants to take control of the gold junior in a deal which will value it at around R4.4bn.
Caledonia lifts dividend as imported power deal contributes to sunnier outlook...
CALEDONIA Mining, the Zimbabwean gold miner, said it had increased its quarterly dividend owing to significantly improved operating conditions in the southern African nation...
Centamin may “elicit interest” from predator as market grows averse to...
CENTAMIN might become a target for potential merger or acquisition target following the one quarter slide in the UK-listed firm's share price since August,...
B2Gold to study underground mining at Namibia’s Otjikoto
B2GOLD said drill results from exploration at its Otjikoto mine in Namibia indicate the possible viabilty of developing an underground mine.
If proven, the reserves...
Finger of blame falls on Pamodzi liquidator
Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.
Pan African to post up to 41% decline in interim share...
PAN African Resources said it expected to post a decline in interim share earnings of between 31% and 41% following a decline in gold...
Hummingbird shores up balance sheet with $30m placement
HUMMINGBIRD Resources on Thursday took steps to shore up its balance sheet announcing terms of a $30m share placement with institutions, led by investment...
Endeavour Mining unveils $100m dividend taking total capital returns to $299m
ENDEAVOUR Mining produced 1.4 million ounces of gold in the 12 months ended December 31 at all-in sustaining costs (AISC) of $928 per oz.
The...