Why won’t ARM sell its stake in Harmony Gold?
IT would appear that African Rainbow Minerals (ARM) executive chairman Patrice Motsepe gets a warm, fuzzy feeling from his group’s stake in Harmony Gold...
Pan African guides to one fifth gold production lift in 2025
PAN African Resources has forecast an increase in gold production of up to 21% as the first fruits of its $135m (R2.4bn) Mintails surface...
AngloGold open to selling mines if Centamin deal passes muster
ANGLOGOLD Ashanti CEO Alberto Calderon said he was open to selling less profitable mines if the firm's $2.5bn offer for Centamin announced today was...
AngloGold bids $2.5bn in cash and shares for Centamin
ANGLOGOLD Ashanti has launched a $2.5bn share and cash takeover of Centamin, the 470,000 ounce a year African gold miner.
The offer, which has received...
Perseus increases stake in Predictive Discovery to 19.9%
PERSEUS Mining today increased its stake in Predictive Discovery to 19.9% after buying a 13.82% foothold in the company last month.
However, Perseus said a...
Harmony says Free State surface gold could be mined for 100...
HARMONY Gold will complete studies into a tailings project in South Africa's Free State province this year that could ensure gold production from the...
Pan African says full year earnings to be 25-35% higher
THE improvement in the gold price and higher gold sales will help Pan African Resources to a 25% to 35% earnings improvement for the...
Harmony posts record free cash flow, but sticks to dividend policy
HARMONY Gold generated record operating free cash flow of R12.74bn for its 2024 financial year ended June but it opted against a special dividend...
Resolute bolsters balance sheet with $140m in senior debt
RESOLUTE Mining has raised $60m in debt boosting its plans to expand gold production in West Africa where it currently operates two mines.
Senior debt...
Ghana targets massive increase in gold production
GHANA will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces.
Martin...