Pan African poised for rerate as growth options abound
A R500m share buyback could be money well spent for Pan African Resources, the JSE-listed gold miner. Most analysts think the company is on the cusp of a rerate following its…
Recovery at Gold Fields masked by permitting woes
IS Gold Fields being unfairly penalised for its struggles with regulators? Yes, in the view of analysts who say the firm’s lagging share price performance is at odds with its…
ARM leans on PGMs as coal, iron ore disappoint
AFRICAN Rainbow Minerals (ARM) benefited from a sharp recovery in its platinum business in its 2026 financial year, helping offset a swing into losses at coal and a steep decline…
“Juicy” mine ripe for expansion, says Sibanye-Stillwater’s Stewart
SIBANYE-Stillwater CEO Richard Stewart described the firm’s recently approved R5.5bn Mt Lyell copper project in Australia as “juicy” with significant resource expansion…
Harmony Gold sticks with gold hedging strategy after R10bn hit
HARMONY Gold says its hedging strategy continues to make sense after analysts questioned the approach following a nearly R10bn realised loss on its gold hedge book. The issue was…
Johannesburg is having a gold rush … Sort of
THE last time gold was as valuable, prospectors, gamblers, bounders and other rakes were united in scouring the globe – from California to Johannesburg – with their pickaxes and…
Mining DG cool on DTIC’s forced mining beneficiation plan
IN a revealing exchange at the Junior Mining Indaba on Tuesday, reflecting inter-departmental tension over the idea of forced mining beneficiation, Jacob Mbele, the…
Is Harmony Gold being unfairly ignored by investors?
IT’S a curious fact of mining that companies talking about projects are often better rated than those actually building them. The unpalatable truth is that the industry has a…
Giyani Metals seeks partners for $535m Botswana mine
GIYANI Metals said on Thursday a proposed $535m manganese project in Botswana had “strong economics” ahead of progressing talks with strategic partners. A definitive feasibility…
Harmony Gold rapidly returns to net cash after dealmaking
HARMONY Gold reversed its net debt position by almost R7bn year in the third quarter of its 2026 financial year, as the surging gold price boosted free cash flows of South…
Motsepe says SA mining regains edge through public partnerships
SOUTH Africa has recovered its competitiveness as a mining destination through collaboration between government and the private sector, said Bloomberg News citing the comments of…
JSE gold shares surge on hopes of US-Iran deal
GOLD and silver recorded their sharpest gains in about a month on Wednesday as optimism grew that the US and Iran are approaching a deal to end their war, pushing the dollar and…
Winds turn more favourable for Harmony’s share price
THE challenges Harmony Gold Mining has been facing in recent months that have caused its share price to underperform its global peers, including AngloGold and Gold Fields, have…
Harmony Gold seeks end to 18-year PNG deadlock
HARMONY Gold is hoping that mediation will bring what it has sought for nearly 18 years: the development of Wafi-Golpu, a gold and copper deposit in Papua New Guinea (PNG) that…
Record gold prices fail to lift SA output
RECORD gold prices are prompting South Africa’s mining industry to pursue alternative extraction methods, but a meaningful increase in the country’s stubbornly low production…
Pan African pays its way out of Aussie gold penalty
SOUTH African miners have made hay in Australia in recent years. Harmony Gold and Thungela Resources have bought mines in the country as local resources dry up. Gold miner Pan…
Harmony studying plans to expand surface gold output
HARMONY Gold is weighing up plans to expand its surface remining activities which includes development of tailings facilities accessing 5.7 million ounces in gold resources in…
Harmony Gold declares record interim payout after upgrade
HARMONY Gold today unveiled a major upgrade in its dividend policy in which it will pay up to 50% of net free cash provided debt is at manageable levels. The miner kicked off a…
Costs to temper Harmony’s all-action interim earnings
A FLEET of market and finance related costs took the edge off Harmony Gold’s interim performance for the six months ended December. The gold miner said in a trading statement on…
Motsepe says his best place is “outside politics”
PATRICE Mostepe, non-executive chairperson of African Rainbow Minerals (ARM), appeared to distance himself from a bid for the ANC presidency, saying he was better employed…