Bristow says Barrick dividend boost is sustainable, but cautions of growing...
BARRICK Gold increased the dividend another cent for the third quarter, but the group’s CEO, Mark Bristow, said investors could expect a conservative approach...
S&P upgrades Sibanye-Stillwater credit on expectation of “materially higher cash flow”
RATINGS agency, S&P Global, upgraded the credit rating of Sibanye-Stillwater owing to its expectation of "materially higher cash flow". This would be driven by...
Caledonia Mining Corp. sees building a 500,000 ounce per year gold...
CALEDONIA Mining Corporation could "see itself" growing into a 500,000 ounce a year gold producer through acquisitions of exploration properties in Zimbabwe, said Steve...
SA mines minister, Gwede Mantashe, claims Sibanye-Stillwater “reckless” with BEE compliance
SIBANYE-Stillwater had fallen foul of the South African government’s empowerment legislation and was not compliant, said Gwede Mantashe, the country’s mines and energy minister.
Speaking...
AngloGold Ashanti doubles payout rate as third quarter cash floods into...
ANGLOGOLD Ashanti doubled the dividend which it will now pay semi-annually following a third quarter of strong cash flow.
It will now pay 20% of...
Golden Star caps busy balance sheet work with $50m ‘at the...
GOLDEN Star Resources' $50m 'at the market' equity programme was in the event the firm had drilling success at its Wassa gold mine in...
DRDGOLD lays out ambitions but capital plans turn on security of...
DRDGOLD wanted to consolidate all surface tailings deposits in South Africa, but said future acquisitions would be measured against security of tenure in the...
Sibanye-Stillwater clears decks of debt after Q3 delivers record EBITDA on...
SIBANYE-Stillwater brought the curtain down on a mammoth $2.7bn (R44bn) debt reduction programme saying in a third quarter update today - in which record...
DRDGOLD positions for interim dividend after cash surges through R2bn
DRDGOLD is considering paying an interim dividend after generating R300m in cash in the September quarter taking total cash on hand to over R2bn.
The...
Hummingbird heading for AISC overshoot after Q3 “extreme rain” event in...
HUMMINGBIRD Resources said its all in sustaining cost guidance (AISC) of $995 per ounce for the 2020 financial year was under threat following "extreme...