Harmony hedges R6.2bn of future gold sales
Harmony has swapped a degree of unpredictable leverage for surety in the form of a rand hedge over a third of its gold production for the next 12 months.
Panaf plans 25% gold output lift at Elikhulu
Pan African Resources said it would produce 50,000 ounces of gold from its Elikhulu surface gold project, currently subject to a definitive feasibility study.
AngloGold talks up Obuasi re-opening
AngloGold Ashanti said it was confident it would find a joint venture partner for Obuasi, its Ghana gold mine currently in mothballs.
Steenkamp coasts into Harmony but perils lurk
As far as starts go, life couldn't have been more seamless for Harmony Gold's new CEO, Peter Steenkamp. But challenges lie in wait.
Gold Fields targets 30% output lift at South Deep
Gold Fields is relying on its struggling South Deep mine in South Africa to do more of the heavy-lifting in 2016 as output from its other regions falls.
Optimism grows for extended gold price hike
Geopolitical risk and interest rate decreases mean gold is back in the news, but unlike previous rallies in 2014 and 2015, this one looks like it could be sustained.
DRDGold enters era of “aggressive” returns
DRDGold CEO, Niel Pretorius, promised shareholders there was more to come from the gold retreatment firm at current rand gold prices.
Harmony Gold unveils $2.6bn Golpu giant
Harmony said the first stage of its Golpu project would produce 500,000 gold equivalent ounces at peak production and cost $2.5bn to build on an 100% basis.
Harmony sticks to its guns on PNG
New CEO Peter Steenkamp is singing from the same hymn sheet as predecessor Graham Briggs saying Harmony's future lies in Papua New Guinea.
Rand fall saves Harmony from ADR change
The turnaround in the share price of Harmony Gold has delivered the company from changing the ratio at which its ADRs trade to its ordinary shares.