Panaf registers record R300m payout, weighs new gold mine
PAN African Gold (Panaf) is to pay its largest final dividend yet of R300m, a 42% increase on last year's payout following a strong...
Sibanye’s Froneman calls for SA president Jacob Zuma to quit
SIBANYE Gold CEO, Neal Froneman, believed it was time for South African president Jacob Zuma to relinquish power as governance issues were deterring investment.
In...
Harmony to spend $180m doubling Hidden Valley after $1 deal
HARMONY Gold is to buy out joint venture partner Newcrest Mining's 50% stake in Hidden Valley and invest $180m in the Papua New Guinea...
Acacia full-year output target not disturbed by plant outage
ACACIA Mining expected to achieve its full year production target of between 750,000 to 780,000 ounces despite an interruption at Bulyanhulu, a mine in...
Endeavour uncovers “significant” extension at Ity mine
ENDEAVOUR Mining expected to publish a maiden resource statement on an extension of its Ity mine in Côte d'Ivoire in the fourth quarter following...
Harmony tempers JV partner’s SA gold discovery exuberance
IN a divergence between the way exploration and production firms see the future, Harmony Gold has tempered comments by joint venture partner White Rivers...
Gold shares in vogue as Sibanye, Gold Fields return to Top...
THE return to favour of South Africa’s gold sector among investors was effectively rubber-stamped today as both Sibanye Gold and Gold Fields took their...
Cadiz and Peter Skeat working on Blyvoor resurrection
Cape Town financial institution Cadiz Corporate Solutions is spearheading the raising of US$70m to start two mining projects – one surface and one underground...
Numbers suggest AngloGold’s future is not in South Africa
THE strategy behind the proposed demerger of AngloGold Ashanti’s South African gold mines was to give special focus to the ageing mines as well...
DRDGold pays out to the hilt
DRDGold CEO Niel Pretorius has delivered on the promise made in February that the dump retreatment company would be an “aggressive” dividend payer with...