Harmony rolls forward hedges as gold price locks in handsome, pre-COVID-19...
HARMONY Gold rolled forward its gold and currency hedging contracts and said it had not entered into new debt agreements as part of measures...
Shanta reports improved EBITDA for Q1 but hedge book well out...
SHANTA Gold posted first quarter earnings before interest, tax, depreciation and amortisation (EBITDA) of $15m compared to $8.6m in the previous quarter after adjusting...
VMR shuts with loss of 6,309 jobs as COVID-19 delivers final...
VILLAGE Main Reef’s (VMR) Tau Lekoa mine could be the first major gold sector casualty of South Africa’s COVID-19 lockdown following the issue of...
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...