Tuesday, July 17, 2018

Randgold Resources has withdrawn from an agreement to mechanise Obuasi, the Ghana gold mine that saw owner AngloGold burn $300m a year.

Gold One International, which on Tuesday dismissed 1,435 striking workers, is likely to push back its proposed listing on the Hong Kong Stock Exchange.

Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.

Gold Fields has resumed operations at the No.3 shaft of its Beatrix mine, says a company spokesperson.

Analysts reckon that news China would not add significantly to its gold reserves had been absorbed and that the correction in the gold price was almost out of the system.

Neal Froneman, CEO-designate of Sibanye Gold, may look at acquisitions, but his goal was to build in Sibanye a company attracting Asian investors.

PAN African Resources (Pan African) cut the final dividend 62% to R185m following a difficult operational year characterised by hindrances and vexations which resulted...

HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...

NEAL Froneman has never been known for reticence. At a time when the mining industry was debt-shy, Sibanye Gold moved in the opposite direction...

Gold eases but safe-haven bid to persist.