Gold Fields establishes 10% foothold in Gold Road for $48m
GOLD Fields has increased its stake in Gold Road Resources to 10% after buying 74.8 million shares in the gold development firm for 86...
Endeavour paves way for Ity project after lifting stake to 80%
ENDEAVOUR Mining is to pay $52m in order to lift its stake in the 76,000 ounce per year Ity mine to 80% from its...
Harmony out-performs. But what happens when its hedges expire?
THE March quarter is traditionally a difficult three months for South Africa's gold companies to manage because it takes time to return to full...
Gold target in reach for Harmony despite seasonal failings
THE 'customary' slow start to the calendar year was behind a 7% quarter-on-quarter drop in production at Harmony Gold, but the firm said its...
Golden Star confident Prestea is launch pad for 300,000 oz/year
GOLDEN Star Resources, a New York-listed gold firm operating in Ghana, has earmarked the second half of 2017 as a period in which it...
AngloGold to review SA mines after troubled start to 2017
ANGLOGOLD Ashanti is to review its South African operations after they had a troubled start to the 2017 financial year in which the group...
B2Gold output to benefit from “golden bookend” Fekola
B2GOLD, the Toronto-listed company developing Mali's Fekola mine, was expected to upgrade 2017 production guidance currently estimated at between 545,000 to 595,000 ounces.
Guidance includes...
Randgold set to exceed payout after strong start to 2017
RANDGOLD Resources was likely to pay a significant higher dividend after its current financial year even after increasing the last dividend payment 52%, said...
Sibanye whacked by 14% lower rand gold price in March Q
A DECLINE in the rand gold price and lower gold production dented Sibanye Gold's net operating profit for the March quarter, although its fortunes...
Pan African not keen for more SA underground gold mining
PAN African Resources said it was unlikely to hedge gold as part of its plans to fund the Elikhulu surface tailings retreatment plant -...