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Berkshire Hathaway adds Barrick Gold to portfolio despite former gold aversion

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WARREN Buffett’s Berkshire Hathaway added Barrick Gold to its portfolio in the second quarter, sending shares of the world’s second-largest miner of the metal surging, said Bloomberg...

Always the contender: Sibanye-Stillwater CEO, Neal Froneman, on turning 60

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Sibanye-Stillwater’s CEO, Neal Froneman, turned 60 this year – an anniversary that’s hard to ignore. Seasoned though he may be, Froneman still gets cast...

Sibanye-Stillwater set to reinstate dividend as EBITDA surges, Covid-19 disruption risk...

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SIBANYE-Stillwater said the risk of significant Covid-19 related operational interruptions, especially at its platinum group metal (PGM) operations, had declined and that the outlook...

Harmony to delay year-end numbers to Sept. owing to Covid-19 precautions

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HARMONY Gold has delayed the publication of its year-end operating and financial numbers to mid-September owing to Covid-19 restrictions, the company said today. Commenting in...

Bristow foresees new Barrick payout policy once net debt removed, possibly...

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BARRICK Gold would stick to an "affordable" dividend, but would consider adjusting its payout policy once it had rubbed out net debt, said CEO...

Congo clears repatriation of $500m from Kibali to Barrick Gold JV,...

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THE Democratic Republic of Congo (DRC) has approved the payment of about $500m in joint venture cash to Barrick Gold and its partner, AngloGold...

AngloGold’s Dushnisky says resignation driven by family ties amid PIC pressure...

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ANGLOGOLD Ashanti CEO, Kelvin Dushnisky said he resigned from the R234bn gold firm because he would be too long away from his family. "It was...

Teranga lifts 2020 Wahgnion production guidance after out-performance of plant

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TERANGA Gold Corporation, the West African gold producer, increased production guidance for its Wahgnion mine in 2020 to between 150,000 and 165,000 ounces -...

Interim four-fold cash flow lift positions Anglogold to slash net debt,...

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ANGLOGOLD Ashanti registered a four-fold increase in net cash before growth capital during the first half of its 2020 financial year owing to continued...

DRDGOLD enters “perfect storm” as share is biggest gainer on FTSE/JSE...

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DRDGOLD CEO, Niël Pretorius, likened the company's top performing share price this year to "a perfect storm". "Everybody is flocking to the arms of gold,"...