Barrick’s North American IPO plan faces investor backlash
BARRICK Mining’s proposed IPO of its North American assets is facing opposition from several major shareholders, raising pressure on the Canadian group’s chair, John Thornton,…
War inflation spells trouble for SA gold miners like Gold Fields
MARKET volatility caused by the US-Iran war hindered Gold Fields from buying back shares in terms of a $100m capital return programme unveiled in February, the company said on…
The day AngloGold was worth more than Anglo American
FOR a brief but delicious moment, AngloGold Ashanti was worth more than Anglo American, its former parent company. On November 27, AngloGold hit a record high of R748bn while…
Gold Fields promises $500m in shareholder returns over two years
GOLD Fields said today it planned to return $500m to shareholders over the next two years either in special dividends or by buying back its shares. Commenting ahead of a closed…
AngloGold expects liquidity boost from Russell index inclusion
ANGLOGOLD Ashanti is to be included in the Russell 3000 and other Russell indexes from June 27, a development that may drive significant investment interest in the gold stock,…
Pan African cracks US index after Van Eck takes 5.9% stake
PAN African Resources has been included in the influential GDX Index for the first time after New York fund manager Van Eck took a 5.9% stake in the gold miner. “It’s been a long…
Gold Fields’ failure to buy Yamana was a major mistake
JUST over two years ago Gold Fields CEO Chris Griffith launched an audacious $6.7bn all-share takeover of Yamana Gold, a Canadian company. Less than six months later, the deal…
Gold Fields’ Yamana hopes suffer body blow after shareholder expresses market doubts
GOLD Fields’ hopes to having its takeover of Yamana Gold approved sustained a body blow, according to a report by Canada’s Globe and Mail which reported today the gold firm’s…