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Absa Bank partners with AngloGold Ashanti to grow SMEs and transform the economy of Obuasi – MyJoyOnline.com

Absa Bank partners with AngloGold Ashanti to grow SMEs and transform the economy of Obuasi – MyJoyOnline.com
myjoyonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myjoyonline.com Daily Mail and Mail on Sunday newspapers.

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Sibanye-Stillwater lost R4bn in gold sales in three months

Impact of ongoing industrial action set to extend losses even further in the current quarter. ....

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AngoGold Ashanti appoints chief technology officer

AngoGold Ashanti appoints chief technology officer
bizcommunity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizcommunity.com Daily Mail and Mail on Sunday newspapers.

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Harmony Gold thwarts Covid-19 as profit skyrockets on higher commodity prices

(Supplied)
Harmony Gold is set to reap the rewards of higher commodity prices, which continue to boost the fortunes of miners, with net profit for for the first half of 2021 expected to be between R5.7 billion and R5.9 billion - a hike of up to 339% compared to the corresponding period.
In a trading note on Friday, the Johannesburg-based company attributed the significant jump in earnings and net profit to an increase in production, higher gold price received and favourable rand-dollar exchange rate, as well as the acquisition of Mponeng Mine from AngloGold Ashanti.
In October 2020, Harmony took control of the world s deepest mine, Mponeng, and mine waste solutions from AngloGold Ashanti in a $200 million transaction. The acquisition of the landmark asset, southwest of Johannesburg, was the company s first shopping expedition since it bought Moab Khotsong in 2018. ....

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