Home News Page 338

News

Barrick CEO waiting on gold price “visibility” before committing to dividend...

0
BARRICK Gold CEO, Mark Bristow, said the company would not yet commit to a long-term dividend policy and would most probably refrain from short-term...

Sibanye-Stillwater approves R6.8bn in gold, PGM projects as focus shifts to...

0
SIBANYE-Stillwater declared a final dividend of R9.4bn, equal to 321 South African cents a share, for its 2020 financial year, and said it would...

Hedging overshadows Gold Fields’ 2020, commits 1m oz in new contracts...

0
GOLD Fields quadrupled headline earnings to $729.3m (2019: $162.7m) in the year to December despite its results being negatively affected by realised losses from...

South32 flags risk of delay on SA coal exports owing to...

0
SOUTH32 has raised a flag on possible South African coal export delays if the underperformance of the country's government-owned transport and logistics company, Transnet, was...

Vedanta warns off KCM asset pickers as Zambia’s provisional liquidator proceeds...

0
VEDANTA Resources has warned potential buyers of assets held in its 85%-owned Konkola Copper Mines (KCM) that any corporate activity would be "deemed inappropriate",...

Heir-apparent Nagle steers clear of controversy as market seeks clues on...

0
GARY Nagle, CEO-elect at Glencore, promised to consult shareholders regarding the group’s plans to mine out its coal reserves, and said Glencore’s structure, whilst...

Guinea and neighbours tighten surveillance, border checks as Ebola outbreak takes...

0
COUNTRIES neighbouring Guinea are taking steps to guard against the transmission of the Ebola virus, cases of which have been reported afresh in the...

Galiano Gold ends 2020 with record-breaking revenue after strong Q4 finish

0
GALIANO Gold, formerly known as Asanko Gold, said 2020 gold production came in at the high end of guidance at some 249,904 ounces. This...

Northam Platinum to post 88% higher interim earnings despite growing sales...

0
NORTHAM Platinum will report a major improvement in year-on-year interim basic earnings by as much as 88% thanks to significantly improved metal prices. Covid-19 related...

Petra records lift in half-year core earnings but warns of Covid-19...

0
PETRA Diamonds reported a one-fifth increase in first half core earnings, but warned that the Covid-19 pandemic could yet impact its ability to operate...