Harmony in no hurry on Evander unbundling
Harmony Gold says a decision on a proposed separate listing for Evander will be made within two years, as it considers different options to unlock the asset’s potential wealth.
Harmony mulls dividends linked to gold
Harmony would consider paying dividends linked to the gold price which continues to test fresh highs amid global economic recession concerns.
Harmony Gold Q1 jumps three-fold
Harmony Gold has posted a more than three-fold increase in quarterly earnings, beating expectations on bullion's record run.
Boom times return for DRDGold
DRDGold shares are on the up as the marginal gold producer reports soaring profits from the booming rand gold price, with the prospect of plenty more to come if those prices hold up.
AngloGold CEO sees no bubble in gold price
AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.
Harmony sees gold at $1,850 in 2012
Harmony Gold sees the price of the commodity in 2012 to average close to the record spot highs of September, but doesn't bank on its peers' views of prices north of $2,000/oz.
Bristow sets steep targets for Randgold
Randgold Resources expects to be producing 1.2 million ounces of gold per year by 2015, and its operations will meet a 20% profit target even if gold falls to $1,000/oz, says CEO Mark Bristow.
Great Basin Gold’s sales down
Great Basin Gold has sold 27% less gold sequentially in the third quarter from its operations in Nevada and South Africa.
Central Rand Gold handed a lifeline
Central Rand Gold has been granted a stay of execution as the Minister of Mineral Resources agreed to temporarily reverse her decision on the cancellation of the group’s mining right.
SA gold company earnings to jump
The gold price hit record levels in rand terms during the September quarter, meaning the SA gold companies should be about to report healthy increases in earnings.