Value of gold demand surpasses $100bn in third quarter
THE value of global gold demand passed $100bn for the first time in the third quarter as investors flocked to the metal, said the...
Resolute warns of lower gold as rains pummel mines
RESOLUTE Mining said "unprecedented rains" negatively affected production at its Senegal and Mali mines in the third quarter in which output fell and costs...
Gold Fields says financial position secure as seals Osisko deal
GOLD Fields said on Monday it remained "in a strong financial position" following the completion of the $1.39bn acquisition of Osisko Mining.
The Johannesburg-headquartered miner...
Montage raises $625m in streaming deal with Wheaton
MONTAGE Gold said on Thursday it had secured $625m in funding for its Koné Project in Côte d’Ivoire by means of a streaming deal...
US hands Sibanye-Stillwater much needed double boost
SIBANYE-Stillwater has been handed a much-needed boost from the US after Washington published final regulations of incentives for mining of critical minerals, including palladium and...
Why tensions between Mali and Barrick have turned up a notch
TENSIONS between Barrick Gold and Mali were turned up a notch after the Canadian miner on Thursday denied government allegations it failed to honour...
MWS expansion is a turning point in the future of Harmony...
The bucks are rolling into Harmony’s Mine Waste Solutions (MWS) dump retreatment operation near Klerksdorp which – according to CEO Peter Steenkamp – stands...
Pan African raises R850m as gold stages fresh record surge
PAN African Resources said on Monday it had raised R850m in sustainability-linked notes ahead of the repayment of a three-year bond in December.
The group...
Centamin cash flow vaults ahead of AngloGold deal
CENTAMIN generated $103m in third quarter free cash flow, an increase year-on-year of 730%, and kept gold production guidance unchanged at 470,000 to 500,000...
DRDGOLD posts 17% earnings lift amid record rand gold price
AN increase in gold production and the higher price of the metal combined to produce a 17% increase in DRDGOLD's first quarter pretax earnings...