Harmony CEO says Wafi-Golpu gold mine development cost could reach $4 billion

Artemis now expects to feed first ore to the ball mill in the next few weeks and continues to target first gold pour before year end.

BHP detailed to investors this week plans to spend $10.7 billion to $14.7 billion within about 10 years.

The precious metal has surged around 30% so far this year, supported by healthy central bank buying.

The Geological Bureau of Hunan Province said on Thursday that it had detected more than 40 gold veins containing an estimated 300 tons of the precious metal.