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Pan African calls time on rampant gold theft at Sheba mine

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PAN African Resources said it had "had enough" of rampant gold theft and declining productivity at its Sheba mine in Mpumalanga which it is...

Barrick unveils $1bn buy-back as share “overly weighed” by Mali

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BARRICK Gold on Wednesday renewed a $1bn share buy-back programme believing it had been overly punished by events in Mali where its Loulo-Gounkoto mine...

Mali and Barrick talks suspended without reaching agreement

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MALI and Barrick Gold Corp.’s negotiations to end a protracted dispute over payments from the country’s biggest gold mine have been suspended, said Bloomberg...

Pan African to consider paying interim dividend in 2026

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PAN African Resources will consider paying an interim dividend in its 2026 financial year provided the price of gold remains buoyant. Cobus Loots, CEO of...

Lucara completes $54m sale of high carat diamonds

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LUCARA Diamond said on Wednesday it had concluded the sale of two diamonds – the 549 carat Sethunya diamond and the 1,080 carat Eva...

South32 receives environmental approval for Worsley expansion

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SOUTH32 said on Wednesday it had received environmental approval from the federal government to extend the operational life of its Worsley Alumina facility in...

Gold’s latest surge a sign it will test $3,000/oz this year

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US President Donald Trump's 25% tariffs on steel and aluminium sent gold to record highs on worries of widening trade conflict and inflation, said...

Botswana pins hopes on diamond sector recovery

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BOTSWANA is pinning hopes for a recovery in the economy on the diamond sector, according to a report by Reuters. It cited Botswana finance minister...

Implats stabilises Styldrift but metal prices to hit earnings

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IMPALA Platinum (Implats) said on Tuesday headline share earnings would be 40% to 49% weaker for the six months ended December. The rand value of...

Pan African hit with R320m opportunity cost on runaway gold

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PAN African Resources is to report a decrease in interim headline share earnings owing to less gold sold in the six months, although production...