Gold Fields CEO Griffith leaves after failed Yamana takeover

Martin Preece, who runs the company’s South Deep gold mine in South Africa, will take on the role of interim CEO while the board searches for a new boss.

Cecilia Jamasmie | December 13, 2022 | 3:25 am

Gold price has the potential to hit $3,000 or $4,000 an ounce in 2023

Will 2023 be the year that gold hits $3,000 an ounce? Ole Hansen, respected commodity strategist at Denmark’s Saxo Bank, says it’s possible.

Frank Holmes - U.S. Global Investors | December 12, 2022 | 5:27 pm

Ascot arranges $146m financing package for construction of Premier gold project

The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.

Staff Writer | December 12, 2022 | 11:36 am

Gold price slips ahead of US inflation data, Fed decision

Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high.

Staff Writer | December 12, 2022 | 9:35 am

Metalla adds Barrick’s Lama project to royalty portfolio

Total consideration will be $7.5 million in common shares and cash.

Staff Writer | December 12, 2022 | 9:15 am

St Barbara to buy Genesis Minerals in $367m deal

The new company, called Hoover House, will target production of more than 300,000 ounces (koz) of gold per annum.

Reuters | December 12, 2022 | 7:08 am

SolGold shares dive despite raising $36m with Jiangxi backing

The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the other.

Cecilia Jamasmie | December 12, 2022 | 6:58 am