Sibanye-Stillwater to call for calm as funding fears circulate
IF platinum group metal (PGM) prices stay at their current levels this year, one bleak forecast says, Sibanye-Stillwater will break its lender covenants. To...
Harmony scans SA for uranium as targets lift in fuel’s output
HARMONY Gold is looking at increasing uranium production through third party supply and by improving the capacity of its processing facilities.
"There are quite a...
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...