Resgen $400m funding waiting on Eskom “internal inquiries”
RESOURCE Generation (Resgen), the Sydney- and Johannesburg-listed coal development firm, was unlikely to secure the balance of its funding for the Boikarabelo thermal coal...
Randgold set to exceed payout after strong start to 2017
RANDGOLD Resources was likely to pay a significant higher dividend after its current financial year even after increasing the last dividend payment 52%, said...
Sibanye whacked by 14% lower rand gold price in March Q
A DECLINE in the rand gold price and lower gold production dented Sibanye Gold's net operating profit for the March quarter, although its fortunes...
Pan African not keen for more SA underground gold mining
PAN African Resources said it was unlikely to hedge gold as part of its plans to fund the Elikhulu surface tailings retreatment plant -...
Centamin Q1 gold output slides 20%, but sticks to 2017 guidance
CENTAMIN plc, a UK-listed company that mines gold from its single operation Sukari in Egypt, kept production guidance unchanged for its 2017 financial year...
Lucara looks to exceptional stone tender to revive cash reserves
LUCARA Diamond Corporation paid an increased C$2.5 cents per share (1.82 US cents) dividend for the first quarter and said it was lining up...
SA coal miners in stand-off with unions over decentralised wage talks
DISCUSSIONS regarding how wage talks will be held in South Africa's coal industry remain deadlocked raising the risk that unions might embark on a...
Rockwell kept waiting by High Court in bid to clear name
ROCKWELL Diamonds has been kept waiting for its day in court after the Kimberley High Court ruled on April 26 that there was no...
BHP, Elliott debate suggests investors still wary of management
ONE of the interesting features to emerge from BHP Billiton’s recent run-in with investor activism was the claim that it was better to return...
Snapshot from history shows SA’s golden rise and fall
ACCORDING to the Thomson Reuters GFMS 2016 survey of world gold production, an estimated 187,200 tonnes of gold has been mined through recorded history....