AngloGold investment grade upheld by S&P
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.
SA gold mines facing medium-term existential crisis if cost headwinds continue...
THE medium-term feasibility of South Africa's remaining deep level gold mines had been thrown into doubt by cost headwinds including the latest three-year wage...
Harmony to delay year-end numbers to Sept. owing to Covid-19 precautions
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...
Wits Gold ready to develop, says new CEO
Former head of Anooraq Resources, Philip Kotze, has been appointed new CEO of Wits Gold and says the group is ready to move from being an explorer to a developer of mines.
Dushnisky nod to Bristow caps good day in politics as they...
IN what may be a politically astute gesture, Kelvin Dushnisky, CEO of AngloGold Ashanti, acknowledged his counterpart at Randgold Resources, Mark Bristow.
Commenting on a strong...
Harmony Gold’s Kusasalethu hit by third strike of the year
PRODUCTION at Harmony Gold's West Rand mine Kusasalethu has been interrupted again - for the third time this year - after workers embarked on...
Perseus to unveil dividend policy in August as secures “line of...
WEST African gold miner Perseus Mining will unveil a dividend policy when it presents its 2021 year-end numbers in August, said MD and CEO...
Numbers suggest AngloGold’s future is not in South Africa
THE strategy behind the proposed demerger of AngloGold Ashanti’s South African gold mines was to give special focus to the ageing mines as well...
Hummingbird shares get one fifth boost after firm hot commissions Guinea...
HUMMINGBIRD Resources has started hot commissioning of its Kouroussa gold mine in Guinea, the company said today. Shares in the company were 22% higher...
G-7 plan to sanction Russian gold exports seen as symbolic
THE G-7 nations have pledged to halt Russian exports of gold but analysts speaking to Bloomberg News said the impact would be relatively muted...