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Pan African storms back but investors sit on sidelines

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PAN African Resources CEO Cobus Loots rowed back on comments the company could produce more gold than forecast saying on Wednesday current guidance of...

Rand gold price rides to DRDGold’s rescue after licence snafu

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THE average gold price received of R1.17m per kilogram – 22% up on the previous average of R961,000/kg – made all the difference to...

Gold Fields to post flat earnings for 2023 despite project delay

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GOLD Fields is expected to report largely flat basic earnings year-on-year as lower write-downs in the year to December 2023 offset a one-off break-fee...

Allied’s Marrone targets consolidation of African gold

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THERE'S a new kid on the block in African gold mining – Allied Gold – and the company is looking to fundamentally change the...

DRDGold increases unit cost guidance for 2024

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DRDGOLD forecast full year gold production for the 12 months ended June to come in at the lower end of its 165,000 to 175,000...

Mali’s new mineral code puts B2Gold Fekola growth at risk

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B2GOLD CEO Clive Johnson remains upbeat about the group’s Fekola mine operations in Mali despite a delay in permitting for the new Fekola regional...

‘When it comes to M&A people just shoot in the dark’...

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BARRICK Gold CEO Mark Bristow repeated his usual mantra of "organic growth to maximise shareholder value" on the sidelines of the Mining Indaba conference,...

B2Gold to study underground mining at Namibia’s Otjikoto

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B2GOLD said drill results from exploration at its Otjikoto mine in Namibia indicate the possible viabilty of developing an underground mine. If proven, the reserves...

Hummingbird guidance reflects caution over delayed Guinea mine

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HUMMINGBIRD Resources has targeted gold production of between 165,000 to 200,000 ounces in 2024 as it ramps up Kouroussa, a newly commissioned mine in...

Into the deep end for Gold Fields CEO Mike Fraser

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IN-trays don’t get much fuller than those of the new Gold Fields CEO Mike Fraser. A delayed gold project in Chile, an incomplete joint...