Harmony halves debt, pays dividend on record R5.2bn top line
HARMONY Gold kicked off its 2017 financial year in spectacular style paying a dividend and halving net debt after collecting revenue that - at...
Trump victory bullish for gold as policy uncertainty begins
PANIC that sent gold to a six week high as it became apparent Donald Trump would glide to an surprise victory in the US...
Gold Fields to buy 50% of Gruyere project in Australia for...
GOLD Fields is to extend recently announced spending on new projects to $1.7bn after announcing plans to buy 50% of the Gruyere gold project...
Gold Fields’ Damang expansion shows sector growth difficulties
TWO newly unveiled gold projects – one by Gold Fields, the other by Harmony Gold – demonstrate the difficulty the world’s gold industry has...
Randgold to review dividend policy at $500m net cash mark
RANDGOLD Resources said it should "get close" to generating $500m in net cash by the close of its financial year - a level of...
Endeavour betting on ‘best quarter yet’ to reach output target
ENDEAVOUR Mining, a Toronto-listed gold producer operating in West Africa, is betting on its strongest operating quarter yet to take it to forecast full-year...
Sibanye earnings soar, but lowers 2016 gold output target
SIBANYE Gold downgraded its full-year gold production target following interruptions at its Driefontein mine west of Johannesburg, but said full-year share earnings would be...
Different strokes for different folks in Ghana
“Constant engagement” with government and “continuous education in terms of what we are doing so they know what is coming or is not coming”...
Gold Fields to invest $1.4 billion in Ghana’s Damang mine
Gold Fields is to invest $1.4bn over an eight year period in its Damang mine in Ghana which will extend the life-of-mine (LOM) from...
Wesizwe goes for contract mining at Bakubung
Wesizwe Platinum’s Bakubung mine is to be developed and mined using contractors for the first 10 years of its life instead of being owner-operated...