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Newmont CEO expects gold price to remain at “elevated levels” amid...

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NEWMONT Mining CEO, Tom Palmer, expected the dollar gold price to remain "elevated" as government-backed stimulus efforts continued. Palmer told Bloomberg News: "There are a...

B2Gold would look at “compelling” M&A, firm undeterred by Mali political...

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B2GOLD would consider mergers and acquisitions "... but they have got to be compelling," the firm's CEO, Clive Johnson, told Bloomberg News. "If merging with...

Pan African lifts dividend, targets 2021 gold output increase as capital...

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PAN African Resources has targeted 190,000 ounces of gold production for the 2021 financial year after registering a strong performance for the 12 months...

Harmony Gold to establish cultural sites protocols in SA in wake...

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HARMONY Gold would establish protocols on cultural sites in South Africa rather than rely on regulations, said Reuters citing the gold firm's CEO, Peter...

Harmony turns eye on Africa as SA gold industry has no...

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HARMONY Gold will consider renewing its Africa expansion strategy as new opportunities in South Africa’s gold sector had all but dried up, said CEO,...

Teranga hoping to wipe out net debt of $350m by end...

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TERANGA Gold forecast it would be net cash by the end of 2021 assuming gold prices held their current levels. "At current gold prices, we...

Harmony sets 2021 gold target of 1.3 m oz as looks...

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HARMONY Gold estimates that it lost about 160,000 ounces of gold production worth more than R5bn due to the national lockdown. Harmony Gold CEO, Peter...

Harmony Gold $300m purchase of Mponeng, MWS set to conclude on...

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THE acquisition of the west of Johannesburg assets of Mponeng mine and Mine Waste Solutions (MWS) for $300m had been completed by Harmony Gold,...

Global gold miners prefer dividends for fear of repeating yesterday’s growth...

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THE world's gold industry is hesitant to embark on new projects preferring to prioritise dividends and other forms of capital return to shareholders, said...

Joint audit clears way for DRC to reimburse VAT payments to...

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THE Democratic Republic of Congo (DRC) would reimburse mining companies value added tax (VAT) payments, said Reuters citing Budget Minister, Jean-Baudouin Mayo. Africa’s top copper producer...