Hummingbird expects cost pressures as COVID-19 reverberates through gold sector
HUMMINGBIRD Resources said it was on track to be net cash by the second half of its current financial year, but it also expected...
DRDGold restarts limited operations at Ergo, Far West Gold Recoveries
DRDGOLD has resumed limited operations at its Ergo and Far West Gold Recoveries (FWGR) operating a two-shift cycle utilising 34% and 60% of total staff...
AngloGold returns to full production, except at SA where lockdown regime...
PRODUCTION at about 90% of AngloGold Ashanti's operations was back to normal following relaxation of COVID-19 restrictions in all of the group's districts bar...
World’s gold mining companies are “well positioned” to weather COVID-19 storm
THE world's gold mining stocks would be well positioned to weather the COVID-19 storm owing to elevated bullion prices, especially in the first quarter,...
Harmony Gold “committed” to $300m Mponeng deal with AngloGold despite lockdown...
HARMONY Gold said it was committed to completing the $300m acquisition of Mponeng and Mine Waste Solutions from AngloGold Ashanti.
The transaction consists of $200m...
Pan African defers R148m gold loan repayment to RMB amid lockdown...
PAN African Resources has agreed to defer the settlement of a loan with Rand Merchant Bank (RMB) in terms of which $7.8m (R148m) worth...
Johannesburg gold shares surge as rand gold price eases through historic...
SHARES in Johannesburg's gold stocks surged on Tuesday as the rand gold price breached R1m per kilogram for the first time in history.
But the...
Gold reclaims safe haven status as COVID-19 leads to “massive currency...
GOLD was back on the front foot after initially being dragged into the panic that swamped all asset classes during the first weeks of...
Sibanye-Stillwater execs donate salaries to COVID-19 fund, SA mines to re-start...
SIBANYE-Stillwater is the first of South Africa's mining companies to follow in the steps of the country's president, Cyril Ramaphosa, by donating a third...
Resolute makes $1m in assistance available to Mali, Senegal in COVID-19...
RESOLUTE Mining has committed $1m in financial support to its host governments aimed at tackling the effects of the COVID-19 pandemic.
"Extraordinary events require an...