Gold hedging losses to knock Pan African profits 23%
PAN African Resources was on the wrong end of its hedging contract in the 12 months ended June booking a $5.8m loss on one...
SA to open first gold mine in 15 years
WEST Wits Mining will break a significant drought when production begins next year at Qala Shallows, marking South Africa's first new underground gold operation...
All points north as DRDGold weighs long-term expansion
DRDGOLD, the Johannesburg Stock Exchange's oldest company at 130 years old, is actively pursuing expansion opportunities across Africa, with CEO Niël Pretorius particularly keen...
Gold eyes $3,700/oz as more investors join anxiety bandwagon
AFTER a Northern hemisphere summer reverie, gold is expected to resume its bull run with the metal's price forecast to test $3,700 per ounce.
"We...
No regrets for high-riding Froneman
SIBANYE-Stillwater, created in 2013 as a spin-off of Gold Fields' South African assets, has always been defined by its founding CEO, Neal Froneman, a...
Sibanye-Stillwater’s Stewart eyes return to dividend
AS incoming Sibanye-Stillwater CEO Richard Stewart steps into the massive mining boots of Neal Froneman, dividends are on his mind - and no doubt...
Sibanye-Stillwater earnings knocked by impairments
Sibanye-Stillwater's interim headline earnings surged 19-fold to 190 SA cents per share, driven by higher prices and cost containment, and the company said it...
Harmony gets its financial ducks in a row
HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...
Burkina Faso increases stake in West African Resources mines
ASX-LISTED West African Resources (WAF) will have to pay a compulsory annual 15% dividend to the Burkina Faso government as part of accepting the...
Soaring tax takes edge off Harmony earnings
HARMONY Gold expects that its earnings for the year to end-June will be between 57% and 77% higher at between R21,80 and R24,5 a share...