Teranga hoping to wipe out net debt of $350m by end...
TERANGA Gold forecast it would be net cash by the end of 2021 assuming gold prices held their current levels.
"At current gold prices, we...
Harmony sets 2021 gold target of 1.3 m oz as looks...
HARMONY Gold estimates that it lost about 160,000 ounces of gold production worth more than R5bn due to the national lockdown.
Harmony Gold CEO, Peter...
Harmony Gold $300m purchase of Mponeng, MWS set to conclude on...
THE acquisition of the west of Johannesburg assets of Mponeng mine and Mine Waste Solutions (MWS) for $300m had been completed by Harmony Gold,...
Global gold miners prefer dividends for fear of repeating yesterday’s growth...
THE world's gold industry is hesitant to embark on new projects preferring to prioritise dividends and other forms of capital return to shareholders, said...
Gemfields suffers R1.14bn year-on-year reversal with no immediate prospect of revenue
THE full extent of the Covid-19 pandemic on Gemfields was laid bare today in a trading statement which detailed a R1.14bn year-on-year reversal of...
Anglo boss Mark Cutifani named as possible successor after Jacques prepares...
THE name of Mark Cutifani, CEO of Anglo American, cropped up following the resignation of Jean-Sebastien Jacques, boss of rival firm, Rio Tinto, last week.
Citing...
Joint audit clears way for DRC to reimburse VAT payments to...
THE Democratic Republic of Congo (DRC) would reimburse mining companies value added tax (VAT) payments, said Reuters citing Budget Minister, Jean-Baudouin Mayo.
Africa’s top copper producer...
There’s nothing perfect for the JSE’s miners in the future offered...
In July, Elon Musk, the founder of Tesla, issued an unusual public challenge to the world’s mining industry. Commenting during an investor presentation, he...
De Beers warns of slow market recovery as moves to flexible,...
DE BEERS warned it would "take some time" for the diamond market to return to pre-Covid-19 levels, but a recovery in rough diamond demand...
Rio Tinto CEO, Jacques, loses job as attention switches to qualities...
RIO Tinto CEO, Jean-Sebastien Jacques, will leave his job in the wake of continued investor pressure that the group step-up its response to the destruction of...