February 19, 2021

Golden quarter for Newmont, Barrick as high prices help profit beat

A 25% surge in gold prices last year has offered miners a lifeline following production disruptions due to the covid-19 pandemic.

February 19, 2021

New Congo government should aid release of Kibali’s $500m, Barrick CEO says

The gold miner has been in discussions with Democratic Republic of Congo over the money for more than a year.

February 19, 2021

Harmony Gold flags higher HY earnings as bullion shines

Company flagged on Friday a rise in interim earnings of as much as 219%, driven by higher gold prices, greater output and foreign exchange gains.

February 18, 2021

Most miners lag behind in human rights issues — report

Ten years after the adoption of United Nations principles, a study shows most miners have yet to step up efforts to improve their human rights record.

February 18, 2021

Sundance Resources readies for arbitration over Congo Republic mine project

Company said it is advancing plans to start international arbitration after the African country cancelled its Nabeba iron ore project in December.

February 18, 2021

Gold Fields earnings surge on strong gold prices

Production in 2020 remained within the revised guidance range, increasing by 2% to 2.236 million ounces from 2.195 million ounces.

February 18, 2021

Sibanye-Stillwater profit soars, targets push for greener tech in future output

Group gold production in 2020 rose to 982,559 ounces from 932,659 ounces a year earlier.

February 18, 2021

Golden quarter for Newmont as high prices double profit

The world's largest gold miner's adjusted profit more than doubled to $856 million in the last quarter of 2020.

February 18, 2021

Billionaire Naguib Sawiris bets on Egypt’s gold

AKH Gold, majority owned by Sawiris, inked on Wednesday four contracts to explore in nine blocks located in the country’s eastern desert.

February 17, 2021

Governments from Mongolia to Mali seek to reopen mining deals

Any move to renegotiate agreements will trigger pushback by miners wary of threats to their profit margins, experts said.