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,...
Bristow’s life-long crusade against the dilutionary and the delusionary
BARRICK Gold CEO Mark Bristow sounded off long and hard on his favourite theme – organic growth – in yesterday’s presentation of Barrick’s results...
Pan African storms back but investors sit on sidelines
PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of...
Rand gold price rides to DRDGold’s rescue after licence snafu
THE average gold price received of R1.17m per kilogram – 22% up on the previous average of R961,000/kg – made all the difference to...