Home News Gold Page 237

Gold

Harmony sticks to its guns on PNG

0
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

0
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.

Sibanye sees margin lift for 2016 output

0
Sibanye Gold said it would produce 1.61 million ounces of gold at a total cash cost margin of 38% should the current rand gold price persist.

Gold Fields’ South Deep heads for Q1 break-even

0
Better-than-expected production and an increase in the rand gold price could see Gold Fields' South Deep project break-even much sooner than forecast.

Acacia Mining directors take 10% salary cut

0
The Tanzanian gold miner also reduced its gold price assumption for reserves to $1,100/oz as it prepares for "a lower gold price environment".

Harmony Gold thrives as rand raises margin

0
Harmony Gold's operating margin would have increased 27% were the current rand gold price applied to its September quarter figures.

SA gold shares may sustain bump in revenue

0
A sustained run in South African gold shares could be sustained as rand weakness was informed by fundamental matters specific to the country's credit rating.

SA gold shares motor on fresh rand weakness

0
South African gold shares were propelled by another bout of rand weakness taking the rand gold price to a five-year high of R594,724 per kilogram.

Randgold defies growth fears after Obuasi exit

0
Randgold's exit from a joint venture with AngloGold in Ghana's Obuasi could see its growth path occluded, said Goldman Sachs.

SA gold shares fly on blunders, short-covering

0
South African gold shares ended the year strongly - some higher year-on-year - as political blunders and short-covering lift rand-denominated revenues.