Mining companies raise $2.4B in a month
Mining companies raised $2.4 billion (US$1.69 billion) in the month through Oct. 15, led by Osisko Gold Group’s debt and equity financings for its Cariboo…
Harmony Gold
PDAC: Ex-Resolute CEO chills out in Arctic after Mali nightmare
When Terry Holohan was confined for 13 days in Mali by junta officials seeking millions from the company he led, Resolute Mining (ASX, LSE: RSG),…
Indaba: Harmony Gold hews to cash, portfolio discipline
Harmony Gold Mining (JSE: HAR; NYSE: HMY) is using record yellow metal prices to strengthen its balance sheet and expand into copper while maintaining strict…
Harmony bets big on copper with $1.6B Eva build
South Africa’s Harmony Gold (JSE: HAR, NYSE: HMY) has approved construction of its $1.6 billion Eva copper project in Australia, setting a three-year build that begins…
Harmony Gold buys MAC Copper for $1B
Harmony Gold (JSE: HAR; NYSE: HMY), South Africa’s top gold producer by volume, has agreed to acquire MAC Copper (ASX: MAC; NYSE: MTAL) for $1.03…
Mining Indaba: Industry demands sweeping overhaul to revive South African mining
Miners in South Africa are calling for sweeping changes to modernize regulations, streamline licensing and upgrade critical infrastructure to revive the country’s flagging mining sector….
South Africa’s unity rule may boost mining
South Africa’s new coalition government with a pro-business party could help the world’s leading platinum producer improve its troubled power and rail networks getting metal…
Harmony Gold to pay record dividend, extend Mponeng mine life
The miner will extend Mponeng’s life from seven to 20 years.
Big backers see promise in Nunavut gold
BG Gold, flush with $8.2 million in a new private capital raising from major industry investors, is preparing to drill this spring at its Whale…
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE:…
NYSE trading diverges Aug. 21-25 as investors consider rate hike vs economic growth
United States markets gained and fell by the week’s end as Federal Reserve Chairman Jerome Powell said the central bank may still need to raise…
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New Guinea (PNG) government…