ARM hedges Harmony stake to boost acquisition firepower
AFRICAN Rainbow Minerals has hedged 24% of its stake in Harmony Gold to improve liquidity and position itself for potential acquisitions, according to BusinessLive.
The...
Barrick removes Mali complex from 2025 gold forecast
BARRICK Mining has excluded its Mali gold complex from overall output forecasts for 2025 as a two-year dispute with the West African nation's military...
AngloGold expects liquidity boost from Russell index inclusion
ANGLOGOLD Ashanti is to be included in the Russell 3000 and other Russell indexes from June 27, a development that may drive significant investment...
Central banks elevate gold above euro reserves
GOLD has overtaken the euro to claim second place amongst global reserve assets held by central banks, propelled by unprecedented buying and rising valuations,...
Pan African misses gold guidance but slashes net debt
PAN African Resources said on Wednesday gold production for its 2025 financial year would slip below guidance while costs would be higher owing to...
Perseus Mining lays out $878m, five-year gold plan
PERSEUS Mining on Wednesday set down a five-year gold production plan that will require $878m in development capital including the Nyanzaga Gold Project in...
Harmony fosters inclusive development in North West province
IN a continued effort to foster inclusive development, Beyers Nel, Group CEO of Harmony, recently met with the Premier of the North West Province...
Central banks the force behind record gold rally, says report
CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...
Mali suspends artisanal gold mining as rains fall
MALI has temporarily halted all artisanal gold mining operations during the upcoming rainy season to safeguard workers from potentially fatal landslides, said Reuters citing...
Mali court adjourns hearing on Barrick mine Loulo-Gounkoto
A MALIAN court has adjourned until Thursday a crucial hearing on whether to place Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, a move...