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AngloGold Ashanti sounds edgy about developments in Tanzania

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Developments in Tanzania are “concerning” for AngloGold Ashanti because its Geita mine is a “tier one” asset in which it is currently investing $180m during the current financial year...

Harmony’s Steenkamp sticks to production growth mantra

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HARMONY Gold's plan to up its yearly production to 1.5 million ounces by 2019 could see the further consolidation of South African gold assets...

Sibanye set to adjust gold output guidance after “noisy” H1

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SIBANYE was set to lower its gold production guidance for its 2017 financial year owing to shaft closures when it reports its results for the...

Erratic South Deep divides analysts on Gold Fields shares

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INVESTORS clearly liked the Gold Fields interim results published today along with CEO Nick Holland's bullish five-year outlook and pushed the share price up...

Harmony books dividend lift, but side steps AngloGold rumour

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HARMONY Gold declared a final dividend for the year ended June 30 of 35 cents per share taking the total dividend to 85c/share -...

Harmony to impair R1.7bn in life of mine gold resources

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HARMONY Gold is to write-down R1.7bn in gold reserves and resources when it unveils its full-year results ended June 30, the company said in...

Political tensions give precious metal miners pressure respite

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POLITICAL ructions globally and domestically have provided respite to South Africa's precious metal producers which unveiled some 21,000 in potential job losses in June...

Endeavour to sell Nzema for $65m, lowers output guidance

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TORONTO-listed Endeavour Mining is to sell its 90% stake in its Ghanaian gold mine Nzema for $65m to BCM International, a mining and civil...

Sibanye restructure takes mining sector jobs hit to 21,000 in 14...

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MORE misery was heaped on South Africa's precious metals industries after Sibanye Gold announced today it would restructure its Cooke and Beatrix West operations...

Randgold targets “upper end” of 2017 production guidance

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RANDGOLD Resources was on course for full-year gold production of 1.3 million ounces following a strong showing in the second quarter in which 341,316...