Galiano shut AGM mill but maintains gold production target
GALIANO Gold warned first quarter gold production would be lower than planned after it was forced to shut its processing plant for 14 days.
This...
Gold edges to $3,000/oz as Trump tariffs fan concern
GOLD went within a whisker of $3,000 per ounce as President Donald Trump’s aggressive tariff agenda fanned concerns about the potential hit to growth,...
Barrick ordered to pay $2m to dealmaker Ian Hannam
BARRICK Gold has been ordered to pay veteran dealmaker Ian Hannam's firm $2m for helping to broker its merger with Randgold Resources in 2018.
Hannam...
The challenges facing Sibanye-Stillwater’s new boss
SIBANYE-Stillwater CEO-designate Richard Stewart told investors last month he has no plans to change the miner’s strategy. Having been with Sibanye-Stillwater for a decade...
Barrick committed to “mutually beneficial resolution” with Mali
BARRICK Gold was "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, said...
ARM open on selling stake in Harmony Gold
AT African Rainbow Minerals’ (ARM’s) interim results presentation on Friday, Chairman Patrice Motsepe said the group would “listen to shareholders” regarding its stake in...
Endeavour continues share buy-backs, targets higher cash flow
ENDEAVOUR Mining bought back $22m of its own shares so far this year, and said it would opportunistically repurchase more as it sought to...
Flood of illegal gold miners endangering Ghana’s cocoa sector
GHANAIAN cocoa farmers are abandoning the crop despite a trebling in prices in favour of illegal gold mining, said the Financial Times.
It reported that...
Harmony’s Nel says gold miner can’t hoard cash forever
HARMONY Gold CEO Beyers Nel acknowledged the company "cannot forever hoard cash", but a dividend policy adjustment or special payout was not yet in...
Harmony declares record dividend as net cash mounts
PROPELLED by record-breaking gold prices Harmony Gold on Tuesday declared a record-breaking interim dividend. Coming in at R1.4bn, the payout was as Harmony's net...