Gold miners have bridged the discount to bullion, for now
GOLD shares have lagged the metal’s price for the past decade, especially since Covid, but recent performances have shown equities have caught up.
The $1.6bn...
Gemfields to restart Kagem mining as emeralds recover
GEMFIELDS said on Thursday it will restart open pit mining at its Kagem emerald mine in Zambia after pausing production for four months amid...
Peabody suspends financing of $3.8bn Anglo coal purchase
US coal producer Peabody Energy said financing of its proposed $3.8bn purchase of metallurgical coal assets from Anglo American was on hold until there...
China lifts gold reserves for sixth straight month
CHINA expanded its gold reserves for a sixth straight month in April which increased by about 70,000 ounces, said Bloomberg News citing data on...
Convoy headed to Allied Gold mine in Mali attacked at weekend
A CONVOY transporting heavy mining equipment to Allied Gold's Sadiola mine in Mali from Bamako, the West African country's capital, came under attack over...
Gold industry warned to keep discipline amid euphoria
A GOLD industry executive has warned the sector to retain its technical discipline amid record prices for the metal.
Speaking to the Financial Times, Fortuna...
Barrick wants deal with Mali rather than “badly run legal fight”
THE shutdown of Loulo-Gounkoto in Mali was weighed heavily on Barrick Mining Corp.'s first quarter with its CEO Mark Bristow saying he'd prefer a...
DRDGold warns it may undershoot production guidance
DRDGOLD warned it may undershoot production guidance for its financial year ended June after it suffered the effects of heavy rain in its third...
Thungela concludes R328m buy-back as share continues to toil
THUNGELA Resources said on Tuesday it had concluded the buyback of about 3.25 million of its own shares for a value of about R328m.
Aimed...
Anglo coal deal could be pushed back “significantly”, says bank
ANGLO American's chances of closing the sale of its metallurgical coal assets to Peabody Energy had been dealt a blow, according to a report...