Sibanye-Stillwater triples Q3 profits on back of PGMs
THE standout increase in precious metal prices made all the difference to Sibanye-Stillwater which posted a tripling in third quarter earnings (Ebitda).
In addition, the...
Should gold miners pay more cash to investors?
HOW gold miners spend money from bonanza cash flows will be a key test as the sector nears the end of a remarkable year.
Using...
Gold Fields to extend Tarkwa after lifting gold reserve price
GOLD Fields said on Wednesday it hoped to renew the mining lease of Tarkwa after the group increased the Ghana mine's gold reserves by...
Gold industry “screaming out” for consolidation despite price
THE world's gold industry was still ripe for consolidation although the historic price highs in the metal would present some obstacles.
"I suspect over the...
Gold holds near $4,000 after China tax change
GOLD held around $4,000 an ounce after a weak start on Monday, as China ended a long-standing tax rebate for some retailers, said Bloomberg...
Newmont CEO says Ghana’s fiscal stability key
NEWMONT CEO Tom Palmer emphasised the importance of fiscal certainty and equitable taxation in attracting mining capital, as the company inaugurated its $900m Ahafo...
DRDGOLD plans to target offshore tailings partners
DRDGOLD is in early stage planning to expand internationally by establishing partnerships with miners interested in mining tailings.
CEO Niël Pretorius said this week his...
Investors drive gold demand to record $146bn in third quarter
DEMAND for gold reached a record $146bn in the third quarter as investors flocked to the metal and – importantly – central banks increased...
Colombia to purchase gold from informal miners
COLOMBIA will begin buying gold directly from small-scale producers next month in an effort to combat illegal mining and formalise a booming unregulated sector...
Gold below $4,000 described as healthy correction
GOLD prices fell beneath $4,000 per ounce this week which industry figures said was a necessary correction as the metal's rally had driven lately...