In summer 2022, Western published a feasibility study on the Casino project, outlining an after-tax NVP of C$2.3 billion with an IRR of 18.1%.

This is the fifth fatality reported in Harmony's current financial year.

Companies agreed to combine their neighboring Tarkwa and Iduapriem mines in Ghana to create Africa's biggest gold mine.

The assays add 150 metres to the project’s X22 zone for a total strike length of 1 km.

According to CEO Jody Kuzenko, these intersections had similar thickness and even better grades than previous drilling in these areas.

Goldman also said it was confident in its commodity 'supercycle thesis', with supply constraints becoming pronounced later this year.

Gold cracked $2,000 an ounce on Monday for the first time in a year, as metal traders reacted to Sunday’s news that a deal was reached for UBS to buy Credit Suisse.

Gold prices have since retreated by around $70 after the rescue of Credit Suisse.