Home News Gold Page 128

Gold

SA gold executives cautious on project spending despite dearth in new...

0
KELVIN Dushnisky, CEO of AngloGold Ashanti, said the company was content to keep production at current levels of about three million ounces a year...

Golden Star extends gold hedging programme for Prestea mine to end...

0
GOLDEN Star has extended its hedging programme adding 12,600 ounces to its existing forward sales plan in order to protect revenue for its Ghana...

Sibanye-Stillwater to “pull trigger” on $4bn to $5bn takeover in nine...

0
SIBANYE-Stillwater CEO, Neal Froneman, said on February 19 during the firm's annual results presentation he wasn't "a deal junkie", but the firm has served...

Cash flush gold miners in search of balance between dividends and...

0
THE world's gold mining companies are facing a fresh dilemma of whether to spend their new-found positive cash flow on increasing dividend payments, or investing...

AngloGold’s Dushnisky appointed chairman of World Gold Council as bullion soars

0
KELVIN Dushnisky, CEO of AngloGold Ashanti, has been appointed chairman of the World Gold Council, the organisation said in an announcement. Dushnisky succeeds David Harquail...

Sawiris opens talks with Egyptian Govt. over buying 51% stake in...

0
NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters. Sawiris chairs private...

AngloGold’s Dushnisky expects $202m in cash to be repatriated from DRC...

0
ANGLOGOLD Ashanti was confident it would get release of some $202m in cash waiting for repatriation from the Democratic Republic of Congo (DRC). "Barrick has been...

Barrick Gold will oppose attempt by DRC state-owned firm to sell...

0
BARRICK Gold would not grant approval for the Democratic Republic of Congo (DRC) to sell its 10% stake in Kibali, the 750,000 ounce a...

Perseus Mining boosts interim net profit, lifts cash despite $99m capital...

0
PERSEUS Mining produced strong interim results taking net profit after tax up by $20m to $30.4m, equal to 2.6 cents per share. The year-on-year improvement...

Sawiris interested in entering Egypt’s mining sector after country liberalises industry

0
NAGUIB Sawiris, the telecoms mogul-turned-gold bull, said he was interested in participating in Egypt's gold industry after the North African country started discussions with...