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,...
SA mining fears Govt’s new cadastre is no quick fix
IN January, South Africa’s department of mineral resources & energy (DMRE) finally unveiled its preferred technology provider for a new minerals cadastre. The cadastre,...
Sibanye-Stillwater, Heraeus to boost long-term palladium demand
SIBANYE-Stillwater has teamed up with metals trader and recycling company Heraeus Precious Metals to investigate use of palladium in downstream hydrogen applications. The two...
South32 gives nod to $2.16bn US polymetallic project Hermosa
SOUTH32 approved a $2.16bn zinc-lead-silver project in the US, as it released first-half results that saw it take a battering from a slump in...
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...
Anglo facing ‘uphill battle on the trust front’, says bank
ANGLO American had an uphill task in winning back the trust of investors, according to analysts at Bank of America.
Commenting in a report on...
Six million people could be affected by coal, gold mine closures
AN estimated six million people who live near mining areas in South Africa will be affected socially and economically by mine closures, said BusinessLive.
Citing...