Pan African set for upswing in capital returns from 2025/6
SHARES in Pan African Resources, a small gold miner with a secondary JSE listing, have been on a tear this year. The stock is...
Harmony Gold has “pathway” for 1.5m oz/year until 2038
SHARES in Harmony Gold hit a 20-year high in mid-April at just over R186 per share. Were the share to maintain its current value,...
Perseus restarts exploration at Meyas Gold project in Sudan
THE resumption of drilling at the Meyas Sands gold deposit in Sudan was a "positive step" for the prospect, said Jeff Quartermaine, CEO of...
Gold Fields ordered to stop work at section of Salares Norte
GOLD Fields has been ordered to stop work at a section of its $1.2bn Salares Norte mine in Chile until it confirmed the area...
Hummingbird to restart production at Guinea mine, Kouroussa
HUMMINGBIRD Resources said its Kouroussa gold mine in Guinea would be ramped up to "commercial production" from the third quarter after the mine's contractor...
Costs catching up with gold miners’ near record margins
AT this time of near-record gold prices, it’s worth asking whether JSE-listed miners of the metal have ever had it so good.
Three companies were...
AngloGold bets on H2 after tropical storm lashes Australian mines
ANGLOGOLD Ashanti increased first quarter gold production despite heavy rains that pummelled its Australian operations. Tropicana – a mine northeast of Kalgoorlie in Western...
Sibanye-Stillwater to ask lenders for relief as losses mount
SIBANYE-Stillwater showed signs of staunching losses at its US mine Stillwater but the distress caused by weak platinum group metal (PGM) prices continued to...
DRDGold cuts revised production guidance despite Ergo lift
DRDGOLD finally started mining two deposition sites at Ergo that were previously inaccessible owing to outstanding regulatory approvals and community disputes. But the firm...
Gold Fields not yet ready to “call failure” on AngloGold JV
GOLD Fields said there were still unresolved "sticky points" regarding government approval for a proposed joint venture with AngloGold Ashanti in Ghana.
Mike Fraser, CEO...