Ghana wins back investors as $500m pledged to gold sector
MARK Bristow is unlikely to return to Obuasi, the Ghanaian gold mine he has twice stalked in the past 20 years before declining to...
Harmony confident 400,000 oz/y growth within its capability
HARMONY Gold was confident it could add about 400,000 ounces in new annual production through corporate action with one potential transaction being actively pursued.
"We...
Resolute seeking to boost organic growth with M&A
RESOLUTE Mining has a gold production target of 450,000 ounces/year by 2020 by expanding production from existing mines and adding a third, Bibiani, a...
Randgold lifts payout 52% as racks up record output numbers
RANDGOLD Resources lifted the full-year dividend 52% to $1/share following a strong showing in which it grew cash to $516m on the back of...
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...
DRDGold to extend Ergo 15 years in R507m expansion
DRDGOLD will spend about R507m in order to access additional mineral reserves identified in a pre-feasibility study of its surface gold tailings east of...
Harmony pays dividend but CEO collects flak for Hidden Valley
HARMONY Gold is to pay a 50 South African cents per share dividend after another robust set of results in which it whittled net...
Illegal sit-in at Randgold’s Tongon ends after ‘settlement’
AN illegal sit-in at the premises of Randgold Resources' Tongon mine in Côte d’Ivoire had ended following a settlement, the details of which were...
Centamin delivers ‘stellar’ dividend as Sukari beats guidance
CENTAMIN capped a good year paying a 13.5 US cents per share final dividend, described by Investec Securities as "stellar", and taking the full...
Shareholders throw weight behind Banro $207.5m refinance
BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...