Harmony Gold opens 2024 with barnstorming performance
HARMONY Gold kicked off its 2024 financial year in barnstorming fashion reporting today first quarter operating free cash of R3.2bn – nearly four times...
Gold One suspends mining at East Modder amid signs of renewed...
GOLD One suspended mining operations at its Modder East facility in Springs on Thursday after threats of more protests, said BusinessLive.
The mine’s management initially...
Sibanye-Stillwater bulks up US recycling with $155m Reldan deal
SIBANYE-Stillwater has spread its global net further afield after announcing today the $155.4m (R2.89bn) acquisition of a US metals recycling business which has joint...
AngloGold to adopt new mining method at Obuasi after output falls
ANGLOGOLD Ashanti said it would change its mining method at Obuasi after the Ghana mine produced a disappointing third quarter performance.
The mine's gold production...
Barrick CEO says there’s scope to negotiate Mali mining code
BARRICK Gold CEO Mark Bristow said there was scope for negotiation with Mali's military junta regarding its recently promulgated Mining Code. "It all hinges around...
Sibanye-Stillwater weighs new round of restructuring at Stillwater
SIBANYE-Stillwater turned in mixed results for the third quarter in which its Australian tailings retreatment business New Century Resources posted a turnaround, but Stillwater...
New bank misery will dictate gold’s direction more than geopolitics
THE prospect of regional conflict in the Middle East has given gold a boost in another example of what former AngloGold Ashanti CEO Bobby...
Gold harder to find than ever before as junior sector ‘hurts’
DIGGING in Egypt’s Eastern Desert, 25km from the Red Sea, geologists for Centamin, a UK-listed gold miner, turned amateur archeologists when they stumbled on...
Burkina Faso raises royalties on gold production
BURKINA Faso has introduced a new royalty an gold sales which takes into account gold prices above $1,500 per ounce whereas previously it levied...
DRDGOLD suffers 18% q-on-q knock in first quarter ebitda
DRDGOLD reported an 18% knock in first (September) quarter ebitda which came out at R365.8m despite increasing production 5% to 41,281 ounces.
In a comparison...