‘When it comes to M&A people just shoot in the dark’...
BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...
Blyvoor Gold set to start construction in January
Peter Skeat’s project to re-open the former Blyvooruitzicht (Blyvoor) gold mine should finally get the green light in January after a string of funding...
Caledonia Mining eases through COVID-19 with leap in Q1 output, earnings
CALEDONIA Mining Corp. registered a strong showing in the first quarter of its 2020 financial year as operating and market circumstances combined favourably -...
Interim four-fold cash flow lift positions Anglogold to slash net debt,...
ANGLOGOLD Ashanti registered a four-fold increase in net cash before growth capital during the first half of its 2020 financial year owing to continued...
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.
Harmony to reopen Joel mine
Harmony Gold, the world's fifth largest gold miner, says that a mine it had shut after a fatality last week will reopen with the morning shift on Wednesday.
Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.
Perseus secures ‘upsized’ $300m credit facility ahead of Meyas Sand decision...
PERSEUS Mining bolstered its balance sheet ahead of a decision on whether to proceed with the development of its Meyas gold project in northern...
Harmony restores that profitable feeling
Yet the gold miner operates under wafer-thin margins which has put the onus on more cost-cutting and getting stalwart mines to perform to their best.
Sibanye-Stillwater extends debt reduction drive with R1.75bn Citibank gold sale
SIBANYE-Stillwater extended its debt-reduction programme by $125m (R1.75bn) after agreeing with Citibank to sell forward 105,906 ounces of gold in the fourth quarter of...