Harmony Gold boosts cash staggering R1.4bn in third quarter
HARMONY Gold reported a staggering increase in net cash to R1.5bn in the nine months ended March 31 compared to R74m at the half...
Endeavour pours first gold from $290m Sabodala Massawa expansion
ENDEAVOUR Mining said on Monday it had poured first gold from its Sabodala Massawa expansion at its Senegal mine, two years after starting the...
Hummingbird appoints other mining contractors at the Kouroussa mine as dispute...
Hummingbird Resources has started using other contractors to run mining operations at the Kouroussa gold mine in Guinea as it continues to negotiate with...
Gold storms to new high as Middle East tensions mount
THE price of gold stormed to a fresh all time high as the safe haven asset was boosted by simmering Middle East tensions.
Bullion broke...
Asante Gold to join bidding for Ghana mine Akyem
ASANTE Gold Corporation plans to join the bidding for Newmont's Ghana mine Akyem which the US miner deemed non-core following its acquisition of Newcrest...
Sibanye-Stillwater targets $500m in gold streaming deals
SIBANYE-Stillwater aimed to conclude a portion of an estimated $500m to $1bn in potential streaming or metals prepayment deals before it announced its half...
Sibanye-Stillwater says SA ‘overhead’ cuts on radar
SIBANYE-Stillwater CEO Neal Froneman raised the prospect of further restructuring of the firm's South African division which produces gold and platinum group metals (PGMs).
"At...
Perseus Mining declares OreCorp cash bid final
PERSEUS Mining declared its cash offer for OreCorp of A$0.575 per share final and unconditional on Monday after accumulating a stake of 51.03% in...
Harmony Gold signs historic 6% wage deal with all unions
HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from...
DRDGold to double contribution to Sibanye-Stillwater Ebitda
ACQUIRED by Sibanye-Stillwater with a view to building a strategic, long-term presence in the gold tailings industry, DRDGold now plays the arguably more important role...