Harmony’s Nel says gold miner can’t hoard cash forever
HARMONY Gold CEO Beyers Nel acknowledged the company "cannot forever hoard cash", but a dividend policy adjustment or special payout was not yet in...
Harmony declares record dividend as net cash mounts
PROPELLED by record-breaking gold prices Harmony Gold on Tuesday declared a record-breaking interim dividend. Coming in at R1.4bn, the payout was as Harmony's net...
Why 2025 is a window of possibility for JSE’s gold miners
SOUTH African gold producer margins are at record levels, which is normally the cue for a commensurate margin-damaging increase in unit costs. But perhaps...
Harmony Gold interim earnings forecast up to 42% higher
HARMONY Gold is expected to announce a major increase in interim share earnings when it reports its numbers next Tuesday (March 4).
Commenting in a...
Pan African’s underground mines could check its ambitions
CAN Pan African Resources follow up on last year’s stellar performance? It was the JSE’s third-best performing share in 2024 — it doubled in...
Allied Gold says Ambrosia deal a vote of confidence in Mali
ALLIED Gold, a Toronto-lister miner, has sold a 50% stake in its Mali mines to Emirati investor, Ambrosia Investments Holdings.
Ambrosia Investments will pay $375m...
DRDGold says gold, copper targets are often in risky areas
DRDGOLD CEO Niël Pretorius said the company is looking for new acquisitions including assets in regions that may be considered risky.
"We are specifically looking...
Sibanye-Stillwater to reopen Burnstone gold project
SIBANYE-Stillwater is to considering reopening its Burnstone gold project in Mpumalanga province following an improvement in the gold price.
"We are reconsidering it," said Neal...
Sibanye-Stillwater says US to grant R4.8bn in metals subsidies
SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its US platinum group metal...
Barrick Gold signs new agreement with Mali to end dispute
BARRICK Gold has signed a new agreement with Mali that could bring a two year dispute between them to an end provided it is...