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Hummingbird to pour first gold at Yanfolila before year-end

London-listed junior miner Hummingbird Resources expects to pour the first gold at its Yanfolila mine in Mali by the end of December after starting...

AngloGold lauded as cost cutting bears fruit

The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.

SA gold mining silicosis liability could top $3.4bn – Investec

SOUTH Africa's gold mining industry could face up to $3.4bn in liabilities relating to a class action issued on behalf of mineworkers suffering from...

AngloGold cuts output, spend, impairs $2.6bn

AngloGold responded sweepingly to a $220/oz fall in the average gold price cutting output 300,000 oz, lopping project spend, and booking a $2.6bn impairment.

Gold One exceeds production target

Gold One International has exceeded its gold production guidance of 28,000 ounces for the June-quarter as the ramp up of Modder East continues.

Harmony boosts annual dividend

Harmony's operating performance for the year to June fell short of management's guidance but profits and dividend are up and so is the share price.

SA mines solid for Harmony, but firm warns against rand strength

HARMONY Gold turned in a strong operating performance in the first six months of its 2018 financial year lifting production 6% from its South...

AngloGold takes medicine at Obuasi

The $220m cost of a radical re-think of AngloGold's Ghana mine Obuasi weighed on the group's results as it continues its response to the weaker gold price.

Simmers shares on the rebound

Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.

Sibanye lifts equity in Stillwater deal to R17bn amid debt fears

SIBANYE Gold is to increase the equity portion of its $2.2bn (R29.5bn) bid for Stillwater to more than half the total following meetings with...