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...
Gold Fields’ torrid first quarter sees Salares Norte fall short
GOLD Fields on Tuesday warned of further production difficulties at its $1.2bn Salares Note mine in Chile which it said was ramping up slower...
West Africa’s gold miners are having a major moment
THESE are strange times for investors with an interest in the gold market. Look no further than the new record high in the metal...
Endeavour breaches net debt target as gold output falls 22%
WEST African gold producer Endeavour Mining’s production dropped 22% in the quarter to end-March compared with the December 2023 quarter negatively affecting its production...
Bristow predicts “positive double whammy” as gold soars
The good times are about to roll for Barrick shareholders if the gold price stays at current levels around $2,300/oz with CEO Mark Bristow...