Great Basin’s Burnstone starts road to recovery
It's premature to be optimistic, but Great Basin's Burnstone mine at least met
modest first quarter production targets.
AngloGold exec’s exercise share options
AngloGold Ashanti CEO Mark Cutifani has netted R13.7m in company shares in terms of the gold producer's incentive scheme for senior executives.
AngloGold dividend muted amid $1.9bn outlay
At the risk of disappointing investors, AngloGold's Mark Cutifani kept to his promise
of a 13 US cents and supported the decision with a $1.9bn, 500,000 oz/year
production expansion strategy.
Grade blips unseat Harmony gold forecast
Yet there's no doubting this is a strong year for Harmony which CEO, Graham
Briggs, says sees it chip away at strategic goals.
First Uranium outlines stark choices
First Uranium has spelled out the possible consequences if shareholders reject the sale of the company’s key assets to AngloGold Ashanti and Gold One International.
Village offered R1bn for Tau Lekoa
UPDATED: Village Main Reef’s shares are on the rise following an announcement that the company has received a R1bn unsolicited offer for Tau Lekoa.
Lower grades, coup knock Randgold’s output
Randgold Resources didn’t escape the knock-on effects of the recent military
coup in Mali, with production down almost a fifth at the group’s key assets in
the West African country and costs rising significantly as a consequence.
Bristow keeps faith despite Randgold sell-off
Randgold Resources CEO Mark Bristow has dismissed the notion that the stock
is at the mercy of political events in the territories where the company
operates.
Cooke, Randfontein lift Gold One output
Gold One International has posted an 85% quarterly increase in gold production, following the incorporation of the Cooke underground and Randfontein surface operations in its results.
DRDGold shares up as Ergo shines
DRDGold’s Ergo surface operations has put in a strong performance for the
company, with promises of further upside as construction on another project
starts.