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Barrick has been too reticent on M&A, says chairman

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JOHN Thornton listed a reticence in mergers and acquisitions as a number one mistake since becoming a director of Barrick Gold in 2012. "Barrick has...

Harmony Gold to beat revised guidance after stellar year

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HARMONY Gold said today it expected to exceed 1.55 million ounces in gold output for the 12 months ended June 30, beating guidance it...

B2Gold to run economic review of Otjikoto’s Antelope extension

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CANADIAN gold miner said it had discovered gold about three kilometres from its Otjikoto mine in Namibia that it could dig in 2026. An estimated...

Gold Fields cuts gold target as winter chill cripples Salares Norte

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G old Fields has cut its production forecast for 2024, and increased cost estimates, after prolonged bad weather at Salares Norte mine in the...

Is AngloGold’s Calderon winning the war on sub-par ratings?

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A FEATURE of gold’s record-breaking price performance in the past 12 months has been the relatively lacklustre response of the metal’s most prominent miners. The...

Gold pauses as China’s central bank baulks at record prices

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THE recent slump in the gold price – down about 2.8% in the last 30 days – may be due to a hiatus in...

Sibanye-Stillwater eases pressure with new debt covenants

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SIBANYE-Stillwater has won some breathing space for its under pressure balance sheet after agreeing with lenders to raise thresholds over R6.5bn in company debt. The...

Caledonia may tap equity markets for $403m Bilboes project

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CALEDONIA Mining, the Zimbabwean gold miner, could equity finance up to $100m of its $403m Bilboes project which is forecast to produce 1.5 million...

Pan African seals five year wage deal for Barberton Gold

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PAN African Resources has signed a five year wage deal with the National Union of Mineworkers for members employed at the gold miner's Barberton...

Tharisa is latest PGM miner aiming to tap buoyant gold

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THARISA is the latest platinum group metal (PGM) miner planning to tap the buoyant gold market. The JSE-listed firm is hoping a gold streaming...