Harmony gets its financial ducks in a row
HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...
Resolute to lift Syama output 25% to 250,000 oz
AUSTRALIAN-listed gold producer, Resolute Mining, has approved the $95m extension of its 80%-owned Syama gold mine in Mali which will increase production a quarter...
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...
Gold Fields makes offer to Cerro minorities
Gold Fields has offered to buy out the remaining shares of its Peruvian unit Cerro Corona.
Acacia “strongly disagrees” with Barrick due diligence as dispute nears meltdown...
ACACIA Mining took exception to statements issued by Barrick Gold on Tuesday, and questioned their timing on the day that the UK's takeover authorities...
First Uranium needs cash yet again
Nine months after it raised $150m, First Uranium needs yet more cash to keep going after technical problems with the shaft at the Ezulwini mine hit gold production.
Randgold defies growth fears after Obuasi exit
Randgold's exit from a joint venture with AngloGold in Ghana's Obuasi could see its growth path occluded, said Goldman Sachs.
Pan African to spin out Manica
Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.
Harmony halts plans for R6bn shaft
Harmony Gold Mining plans to delay the development of a R6bn shaft at its Evander mine in Mpumalanga.
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...