AngloGold to refinance notes with fresh $750m issue maturing in 2028
ANGLOGOLD Ashanti is to issue $750m in notes which are due to mature in 2028, the group announced today.
The proceeds will be used to...
Union claims Sibanye-Stillwater is “preparing for a strike” at its SA...
SOUTH African union Solidarity said Sibanye-Stillwater was spending more time preparing for a strike at its gold operations than trying to reach a new...
Caledonia Mining narrows 2021 production guidance after strong third quarter
CALEDONIA Mining Corporation narrowed full year guidance for 2021 to the top end of 65,000 to 67,000 ounce guidance following a strong third quarter.
Production...
Hummingbird Resources shares fly after gold firm raises $100m for Guinea...
HUMMINGBIRD Resources, a UK-listed gold producer, will produce first metal from its $115m Guinea project, Kouroussa in the second quarter of 2023 after raising...
Return of resource nationalism to blame for declining rates of exploration...
EXPLORATION expenditure in Africa had dropped off sharply in recent years because of a growing number of barriers to new investment of which the...
AngloGold targets 30-40% cut in cash costs in bid to secure...
ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...
Bristow won’t “feed ducks quacking in the market” when quizzed on...
BARRICK Gold would "ultimately prevail" because it was building a long-term, investable business for all its stakeholders and not just the few that were...
Endeavour concludes refinancing with pricing of $500m note
ENDEAVOUR Mining said on Thursday it had concluded the issue of $500m in senior notes as part of a major refinancing of the gold...
Sibanye-Stillwater completes R8bn buy-back of shares
SIBANYE-Stillwater said it had completed the R8bn repurchase of approximately 147.7 million shares in terms of its capital return programme.
"We remain convinced that our...
Barrick’s Bristow hails ICMM commitment to zero emissions by 2050
MARK Bristow, CEO of Barrick Gold, threw his weight behind a commitment by the International Council on Mining and Metals (ICMM) to target zero...