DRDGold gives priority to R10bn capex over dividends
CAPITAL expenditure will take priority over dividend payments for the next three years until DRDGold completes a R10bn programme to add another ton of...
SA gold sector in deep decline despite record prices says Minerals...
THE record high gold price has not been able to stop the “deep structural decline” of South Africa’s gold sector according to Minerals Council...
Bristow calls ‘B-S’ on retirement speculation
BARRICK Gold CEO Mark Bristow has described an article in Toronto newspaper The Globe and Mail reporting that he "raised the possibility he may...
DRDGold misses the boat on the gold price as production drops
DRDGOLD is the latest gold producer to miss out on the gold bonanza of the past six months because of falls in production which...
Barrick will do M&A my way says CEO Mark Bristow
BARRICK CEO Mark Bristow confirms that he and his chairman John Thornton are “100% on the same page regarding merger and acquisition (M&A) activity...
Bristow defends frugal dividend as “big capital” looms
BARRICK Gold has reported a whopping 963% jump in free cash flow to $340m for the June quarter underscoring what the soaring gold price...
Gold Fields doubles down on Canadian gold bet
GOLD Fields is buying Canadian gold junior Osisko Mining in a cash deal valued at C$2.16bn which gives the group 100% control of the...
Gold Fields lets price bonanza slip from grasp
GOLD Fields will report poor financial and operating results for the six months to end-June with the group’s performance made all the more disappointing...
Hummingbird looks ahead but admits to debt pressure
HUMMINGBIRD Resources is predicting a strong recovery in the second half of its financial year to end-December after losing $13.5m in the second quarter...
Allied raises $53m in gold streaming deal with Triple Flag
ALLIED Gold Corp. said on Thursday it had sold forward gold production until 2027 in a streaming deal with Triple Flag International, raising $53m...