Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

1 day ago · “Gold remains in a sweet spot, with little standing in its way,” Westpac Banking Corp. analyst Richard Franulovich said in a note reported by Bloomberg News. “An intrinsically unpredictable and disruptive Trump, hurtling tariff threats at allies and adversaries alike, alongside the threats of 100% tariffs on the BRICs if they diversify away from the dollar, all point to …

1 day ago · PAN African Resources will consider paying an interim dividend in its 2026 financial year provided the price of gold remains buoyant. Cobus Loots, CEO of Pan African said in the firm’s interim results on Wednesday that he expected the company to make inroads into net debt of $228.5m. On the back of this he commented: “This […]

1 day ago · BARRICK Gold on Wednesday renewed a $1bn share buy-back believing its share had been overly punished by events in Mali where its Loulo-Gounkoto mine is suspended amid a dispute with the country’s military government. “While ongoing issues in Mali remain an investor concern, which have overly weighed on the share price, Barrick’s fundamental value proposition […]

6 days ago · GOLD’S historic price gains last year and a strong operational recovery in the fourth quarter gave Gold Fields’ 2024 financial year a positive blush.. The Johannesburg-headquartered company said in a trading statement on Thursday that earnings for the 12 months would be 70% to 82% higher year-on-year in a range of $1.34 to $1.44 per share.

Feb 6, 2025 · THE improvement in the gold price and weakness in the Canadian dollar has made Gold Fields’s $1.2bn purchase of Osisko Mining in October look “significantly cheaper”, said the gold miner’s CEO, Mike Fraser. “It wasn’t an easy call to buy 50% of Osisko but as the Canadian dollar weakened, and as the gold price is up nearly 30% it …

Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

Jun 25, 2024 · NET profits earned by the world’s 40 biggest miners plunged by 44% in 2023 compared with 2022 and are expected to drop by another 36% in 2024 on a combination of lower commodity prices and above-average inflation, PwC said in its annual Mine 2024 report.. It said total revenues of the world’s top 40 mining companies fell by 7% in 2023 compared with 2022 and are expected to slide another 6% ...

Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

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