Bullion’s current tear offers no golden opportunity for South African producers
BULLION'S spot price is on a tear, hitting six-year highs on the prospect of lower US interest rates and rising tensions between Washington and...
Mali gold miners say mining production is so far unaffected by...
RESOLUTE Mining said gold production had so far been unaffected by the COVID-19 pandemic with no reported cases of the virus among employees at...
SA gold mines “mired in crisis” says JP Morgan
The beneficial effect of the collapse in the rand against the US dollar is not going to be enough to save South Africa's gold mines this time around.
Harmony rings in austerity cuts worth R1.8bn
Harmony aimed to slice R800m off corporate and operating costs and a further R1bn
would be cut from the development bill of its Wafi-Golpu project in 2014.
Endeavour Mining on track to exceed minimum dividend payout for 2021
ENDEAVOUR Mining could pay more than the $125m in dividends it promised shareholders this year after a strong second quarter in which net earnings...
Pan African slashes net debt R251m
Pan African Resources slashed net debt and would pay a R210m dividend by accessing its R800m revolving credit facility.
Centamin argues Endeavour merger proposal is about swapping cash flow for...
CENTAMIN said today it was critical of how Endeavour Mining had attempted to open talks on a merger proposal, but it rejected the proposal principally...
Harmony searching for trapped miners
Harmony Gold Mining Company said on Monday afternoon that rescue workers are searching for two employees following a seismic event.
Mid-tier gold producers to provide M&A impetus after deal flow at...
THE world's mid-tier gold producers would provide the impetus for renewed merger and acquisition activity this year as they sought to hive off non-core...
Dushnisky nod to Bristow caps good day in politics as they...
IN what may be a politically astute gesture, Kelvin Dushnisky, CEO of AngloGold Ashanti, acknowledged his counterpart at Randgold Resources, Mark Bristow.
Commenting on a strong...