Harmony gets its financial ducks in a row
HARMONY pushed its net cash position up 285% to R11.1bn in the year to end-June giving it a total available liquidity of nearly R21bn...
Angola goes for it to boost diamond production
ANGOLA is making good progress on its ambition to become one of the world’s top three diamond producing nations by 2027 according to two...
Burkina Faso increases stake in West African Resources mines
ASX-LISTED West African Resources (WAF) will have to pay a compulsory annual 15% dividend to the Burkina Faso government as part of accepting the...
Booming metals markets boost Master Drilling’s prospects
MASTER Drilling CEO Danie Pretorius is sounding uncharacteristically cheerful for once and there are two reasons for that – he has got his own...
Soaring tax takes edge off Harmony earnings
HARMONY Gold expects that its earnings for the year to end-June will be between 57% and 77% higher at between R21,80 and R24,5 a share...
Minor PGMs will help keep price momentum
SURPRISINGLY, one of the best-performing metal this year is not gold but ruthenium. This is especially relevant for South Africa as it will supply...
Gold Fields, Ghanaian government end feud
THE agreement between Gold Fields and the Government of Ghana over the future of the Damang mine had greatly improved their relationship in recent...
Gold Fields coins it as Salares Norte delivers
GOLD Fields raked in cash hand-over-fist in the six months to end-June and there’s more to come as the Salares Norte mine in Chile...
Exxaro looks to higher dividend payments after manganese deal
EXXARO Resources held up well in the six months to end-June increasing headline earnings 13% and raising its interim dividend as management focussed on...
DRDGold to remove landmark Crown Mines dumps from Johannesburg
A MAJOR Johannesburg landmark - the Crown Mines complex of three huge mine dumps situated just south-east of the central business district – will start...