Endeavour continues share buy-backs, targets higher cash flow
ENDEAVOUR Mining bought back $22m of its own shares so far this year, and said it would opportunistically repurchase more as it sought to...
Flood of illegal gold miners endangering Ghana’s cocoa sector
GHANAIAN cocoa farmers are abandoning the crop despite a trebling in prices in favour of illegal gold mining, said the Financial Times.
It reported that...
Harmony’s Nel says gold miner can’t hoard cash forever
HARMONY Gold CEO Beyers Nel acknowledged the company "cannot forever hoard cash", but a dividend policy adjustment or special payout was not yet in...
Harmony declares record dividend as net cash mounts
PROPELLED by record-breaking gold prices Harmony Gold on Tuesday declared a record-breaking interim dividend. Coming in at R1.4bn, the payout was as Harmony's net...
Why 2025 is a window of possibility for JSE’s gold miners
SOUTH African gold producer margins are at record levels, which is normally the cue for a commensurate margin-damaging increase in unit costs. But perhaps...
Harmony Gold interim earnings forecast up to 42% higher
HARMONY Gold is expected to announce a major increase in interim share earnings when it reports its numbers next Tuesday (March 4).
Commenting in a...
Pan African’s underground mines could check its ambitions
CAN Pan African Resources follow up on last year’s stellar performance? It was the JSE’s third-best performing share in 2024 — it doubled in...
Allied Gold says Ambrosia deal a vote of confidence in Mali
ALLIED Gold, a Toronto-lister miner, has sold a 50% stake in its Mali mines to Emirati investor, Ambrosia Investments Holdings.
Ambrosia Investments will pay $375m...
DRDGold says gold, copper targets are often in risky areas
DRDGOLD CEO Niël Pretorius said the company is looking for new acquisitions including assets in regions that may be considered risky.
"We are specifically looking...
Sibanye-Stillwater to reopen Burnstone gold project
SIBANYE-Stillwater is to considering reopening its Burnstone gold project in Mpumalanga province following an improvement in the gold price.
"We are reconsidering it," said Neal...