Harmony Gold to spend R7.9bn extending Mponeng to 2044
HARMONY Gold on Wednesday announced the R7.9bn extension of Mponeng which will keep the mine, located west of Johannesburg, operating until at least 2044.
Commenting...
West African Resources lifts 10-year gold output forecast
WEST African Resources increased its 10 year gold production outlook to 415,000 ounces annually with group annual gold output peaking at 473,000 oz in...
Sibanye-Stillwater cuts gold reserves as rand price hits record
SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months.
This comes as...
AngloGold Ashanti stages second half cash flow turnaround
SHARES in AngloGold Ashanti rose 6% in Johannesburg on Friday after it staged a turnaround in cash flow for the second half of its...
Harmony set to put cash from bonanza half year into projects
HARMONY Gold is to report half year share earnings more than 100% higher for the 2023/24 financial year owing to an improvement in the...
Gold Fields CEO warns gold market tailwinds will not persist
GOLD Fields turned in a "steady as she goes" performance during 2023 and the outlook appears to be for more of the same in...
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
Perseus signs gold project cooperation deal with Saudi Arabia
PERSEUS Mining has entered into a cooperation agreement with Saudi Arabia to seek out late stage projects in Africa and exploration ventures.
The agreement is...
CEOs confounded by disconnect between shares and gold price
THE massive underperformance of gold equities compared with movements in physical gold appears to be due to different views on the metal between major...
B2Gold employees killed in Mali after attack on convoy
B2GOLD said three employees were killed and several others injured in an attack on a company convoy in Mali about 75km west of Bamako,...