Harmony meets its strategic objectives for financial year 2021
Johannesburg – Peter Steenkamp, chief executive officer of Harmony Gold Mining Company, reflects on the Company’s past financial year which
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Gold
Presidents meet to discuss management of Tanzania gold mines
Dar es Salaam – Tanzanian President Samia Suluhu Hassan and Barrick Gold Corporation president and chief executive Mark Bristow met
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Metals can be extracted from brines of dormant volcanoes
Magma beneath volcanoes releases gases that rise towards the surface. These gases are rich in metals. As the pressure drops,
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Cost of gold mining increases by 5%
Globally, costs in the gold mining industry increased for the second consecutive quarter in Q1’21, with the average all-in sustaining
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Gold vs crypto mining: energies and emissions
Recently, there has been a lot of debating around the possible parallels and variances of gold and Bitcoin and other
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UAE attachés accused in international gold smuggling syndicate
The United Arab Emirates is a key hub for gold trading linked to money laundering, organized crime and terrorist financing.
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Gold bullion sales rose 360% in may
During May 2021, the U.S. Mint sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of
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Katoro Gold Project to reprocess 1.34 million ounce of gold
Katoro Gold Plc has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture in South Africa,
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Barrick Gold divests of its interest in Lagunas Norte Mine
Toronto – Barrick Gold Corporation has announced it has completed the divestiture of its 100% shareholding in the Lagunas Norte
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Sibanye-Stillwater buybacks dwarf its SA investments
A share buyback programme is a classic case of financial engineering. Share buybacks send a message to the market that
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Endeavour Mining to host capital markets event ahead of its LSE listing
Endeavour Mining to host a virtual capital markets event ahead of its LSE listing London – Endeavour Mining, which will
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Is commodity market overheated?
Despite seeing the Blomberg Commodity Spot index rally to a fresh ten-year high with +4% gains recorded in 9 out
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Harmony Gold’s significant profit translates into strong cash generation
JOHANNESBURG, South Africa – Harmony Gold Mining Company in its operational performance for the nine months ended 31 March 2021
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AngloGold Ashanti adds new gold reserves across its portfolio
AngloGold Ashanti reported first quarter headline earnings of $203m, driven by the higher gold price, as the Company continued its
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Gold, platinum and other commodities maintain rand’s strength
The South African rand’s 30% gain against the US dollar since the height of the pandemic has outstripped emerging-market peers
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Sibanye Stillwater gold production SA operations 5% higher
Production from the SA gold operations for Q1 2021 of 7,757kg (249,392oz) was 5% higher than for Q1 2020 and
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Sibanye Stillwater delivers stellar performance
Johannesburg – The start to the year has been extremely positive, with the operational momentum from Q4 2020 (following normalisation
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Gold Fields moves away from labour-intensive mining to mechanised operations
JOHANNESBURG – Gold Fields, in an operational update for the quarter ended 31 March 2021, says notwithstanding the impact of
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DRDGOLD: Poor production performance amid weaker gold price
DRDGOLD’s shares took battering on the JSE after it reported a decline in third-quarter production and said earnings came under
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Jubilee assesses copper and gold assets in Cyprus
United Kingdom – Jubilee, a metals processing company refers to the announcement released yesterday by Caerus Mineral Resources (“Caerus”), an
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Harmony Gold Mining Company notices acquisition of its securities
Johannesburg – In accordance with the JSE Limited Listings Requirements, Harmony advises that it has received formal notification that the
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Barrick Gold updates its evolving emissions reduction target
Toronto – Barrick Gold Corporation’s ESG strategy delivered tangible results in 2020, including an update to its greenhouse gas emissions
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AngloGold Ashanti’s financials highlight disciplined growth
The Company reported solid operational and financial performances for 2020, with progress made in delivering on strategic commitments, despite the
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AngloGold Ashanti reports on gold production in Australia
AngloGold Ashanti’s Australia region produced 554,000oz in 2020 compared to 614,000oz in 2019, as the completion of grade streaming and
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Barrick and PNG Government to jointly own Porgera gold mine
Toronto – Barrick Gold Corporation notes the statement released by Papua New Guinea prime minister James Marape announcing an imminent
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Barrick heads to become the world’s most valued gold company
Toronto – Despite the challenges posed by the global Covid-19 pandemic, Barrick Gold Corporation has emerged even stronger and made
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Quo Vadis Gold 2020-2022
The spot gold price rose to a record $2,063/oz in August 2020, driven by investor demand amidst increased uncertainty and
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Satellite technology to improve environmental and safety monitoring
London, United Kingdom – Nord Gold, the internationally diversified gold producer, announces that, in line with the Company’s commitment to
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Tongon mine gets it right, says Barrick Gold
Tongon mine produced a total of 284,863 ounces of gold in 2020, at the top end of its guidance for
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AngloGold Ashanti boosts reserves, charts growth path
JOHANNESBURG – AngloGold Ashanti has added 6 million ounces of new Ore Reserve, on a gross basis, as it chartered
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