B2Gold cuts dividend as growth strains balance sheet
B2GOLD said on Tuesday it would reduce its quarterly dividend rate in order to improve balance sheet flexibility as it pays for three years...
Mali starts seizing gold stocks at Barrick’s Loulo-Gounkoto
MALI has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, said Reuters citing a note to staff issued...
Barrick warns investors not to accept mini tender
BARRICK Gold warned shareholders on Monday against accepting a 'mini-tender' for five million of its shares by TRC Capital Investment Corp.
The offer was made...
Barrick issues ultimatum on Loulo-Gounkoto after new Govt impost
BARRICK Gold said on Monday it would have "no choice" but to temporarily suspend Loulo-Gounkoto if Mali's government failed to lift new restrictions placed...
Gold forecast to continue upward drive in 2025
GOLD is expected to average $2,795 per ounce this year continuing the gains of last year, said the Financial Times.
Purchases of the metal will...
Hummingbird takeover offer to be declared unconditional
THE delisting of Hummingbird Resources moved a step forward on Friday after the gold miner's main shareholder Nioko waived outstanding conditions on its takeover...
Sibanye-Stillwater bags $500m deal with Franco-Nevada
SIBANYE-Stillwater will receive a welcome upfront injection of $500m (R8.8bn) from a gold and platinum streaming deal entered into with Franco Nevada which will...
Barrick threatens to suspend Mali mine amid deadlock
UNLESS the blockage of gold shipments from Barrick Gold Corporation’s Loulo Gounkoto mine in Mali is lifted, Barrick will be obliged to suspend operations...
Resolute toes the line on Mali’s Mining Code as CEO takes...
Gold miner Resolute Mining will make a third and final payment of $30m to the government of Mali at the end of this month,...
Pan African sees production accelerating in the next six months
Surface and underground gold miner Pan African Resources expects to grow output by 16% to about 215,000oz of gold in its current year, at...