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 | Chris Powell - GATA |
| Gold miners burned by bad deals are again rushing to MA |
| It's been a dirty word in the gold-mining industry for the last three years, but now companies can't stop saying it: growth.
Top executives are on the hunt for mergers and acquisitions, and focusing on exploration as the industry emerges from survival mode. Gold prices have recovered and cost cuts are taking effect, delivering profits for companies that need to remedy a shortage of new discoveries and declining reserves.
The trouble is that they have a bad history when it comes to dealmaking. InWednesday, February 8, 2017 |
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| Bullion Vault |
| Gold Mining Output Rising, Spending 'Relaxed' on 2016 Jump But Stocks Drop with Bullion Price |
| GOLD MINING stocks slipped as bullion prices fell to 3-week lows in London on Wednesday, while broader equities rose globally and the Euro fell ahead of tomorrow's European Central Bank decision on QE and negative rates for the 19-nation single currency zone.
Gold mining stocks retreated after earnings season began with a raft of strong results from non-US producers, with executives vowing to keep increasing output.
Wednesday, July 20, 2016 |
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| 24hGold - Publicnow |
| Harmony meets annual production guidance; creates further cash certainty |
| 18 July 2016
Johannesburg: Monday, 18 July 2016. Harmony Gold Mining Company Limited (Harmony and/or the Company) is pleased to announce that it has met its annual production guidance of approximately 1.1 million ounces. Year on year Harmony continued to differentiate itself through quality grade management, increasing underground grade by 6% to 5.02g/t - making it the fourth consecutive year of increased recovered underground grades.
To create further cash certainty, Harmony has entered intoMonday, July 18, 2016 |
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| 24hGold - Publicnow |
| Harmony to share presentation at the Global metals, mining and steel conference |
| Published on 10 May 2016
Johannesburg: Tuesday, 10 May 2016. Harmony Gold Mining Company Limited ('Harmony') wishes to advise that a presentation on Harmony will be shared at the Global metals, mining and steel conference hosted by the Bank of America Merrill Lynch today. Please refer to presentations page to view the presentation file.
For more details contact:
Henrika Ninham
Investor Relations Manager
+27 (0) 82 759 1775 (mobile)
Marian van der Walt
Executive: Corporate and Investor RelTuesday, May 10, 2016 |
|
| Sprott Money |
| Key gold stock index doubled in 2016. But nobody noticed - Peter Diekmeyer |
| Gold investors learn early that one of the
best ways to leverage their exposure is to buy gold stocks. That strategy has
performed well recently. As of Friday,
the
NYSE ARCA Gold Bugs
Index
, which trades under the symbol HUI, had nearly doubled since its
January low. The index far out-performed the yellow metal itself, which
increased in the low double digits.
However, as one expert points out, while the
hard money community followed the rise every step of the way, the public is
totally uWednesday, April 27, 2016 |
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| 24hGold - Publicnow |
| Harmony takes note of new draft Mining Charter |
| Published on 15 April 2016
Johannesburg: Friday, 15 April 2016. Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') wish to refer its shareholders to the statement issued by the Chamber of Mines today, which relates to the publication by the Minister of Mineral Resources of a new draft of the Broad-based socio-economic empowerment charter for the South African mining industry (Mining Charter) that has been prepared by the Department of Mineral Resources (DMR). See www.chamberofFriday, April 15, 2016 |
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| 24hGold - Publicnow |
| Harmony provides production overview |
| Published on 14 April 2016
Johannesburg: Thursday, 14 April 2016. Harmony Gold Mining Company Limited ('Harmony' and/or 'the Company') advises that its production guidance for the financial year of about 1.1 million ounces is maintained. The March 2016 quarter was 6% higher than the comparative quarter in the previous financial year, but 9% lower than the December 2015 quarter. Total production was impacted by the late start-ups following the December holiday, combined with the impact of the eaThursday, April 14, 2016 |
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| 24hGold - Publicnow |
| Fatality at Harmony’s Phakisa mine |
| Published on 12 April 2016
Johannesburg: Tuesday, 12 April 2016. Harmony Gold Mining Company Limited ('Harmony') regrets to advise that a rock drill operator was fatally injured in a fall of ground accident at its Phakisa mine near Welkom yesterday afternoon.
Drilling and blasting operations at the mine have been stopped while further investigations into the accident are taking place.
Harmony's chief executive officer, Peter Steenkamp commented: 'We are deeply saddened by another fall of grTuesday, April 12, 2016 |
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| 24hGold - Publicnow |
| Fatality at Harmony’s Kusasalethu mine |
| Published on 11 April 2016
Johannesburg: Monday, 11 April 2016. Harmony Gold Mining Company Limited ('Harmony') regrets to advise that an employee was fatally injured in a fall of ground accident at its Kusasalethu mine near Carletonville early this morning.
Investigations into the accident are underway and management has stopped mining activities on the level where the accident occurred.
Harmony's management team wish to express their deepest condolences to the members of the deceased's faMonday, April 11, 2016 |
|
 | The Gold Report |
| BonTerra Resources Delivers Its Own March Madness |
| BonTerra Resources stock is up just over 70% in March and 146% in 2016. In March, BonTerra acquired nearly 1 Moz of gold at the Larder project and released great drill results on the Gladiator project, and there is more to come. Caesar's Report's Thibaut Lepouttre discusses the merits and effects of such a busy month.
It's remarkable to see how larger companies are falling back to safer regions to explore for and to mine gold. Kinross, for instance, spenWednesday, April 6, 2016 |
|
| Chris Powell - GATA |
| Gold hedging returns as Harmony, Acacia lock in profit margins |
| Harmony Gold Mining Co. and Acacia Mining Plc agreed to lock in profit margins at some of their African operations in a return to hedging strategies that undermined the industry during the metal's bull run in the 2000s.
Harmony, which gets 95 percent of its production from South Africa, hedged its local currency at between 15.59 rand ($1.03) and 18.60 rand per dollar for a third of its annual production, it said in a statement today. Acacia took out contracts known as zero-cost collars on 136,00Tuesday, February 23, 2016 |
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| 24hGold - Publicnow |
| Fatality at Harmony’s Masimong mine |
| Published on 29 January 2016
Johannesburg: Friday, 29 January 2016. Harmony Gold Mining Company Limited ('Harmony') regrets to advise that an employee was fatally injured early this morning in a fall of ground accident at its Masimong mine in the Free State province.
Investigations into the accident are underway.
Harmony's management team wish to express their heartfelt condolences to the members of the deceased's family and his colleagues.
For more details contact:
Henrika Ninham
InvesFriday, January 29, 2016 |
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| 24hGold - Yahoo |
| GOLD Harmony Gold Mining (HMY) Worth a Look: Stock Rises 7.1 |
| Harmony Gold Mining Company Limited HMY was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 105.3% in the past one-month time frame.The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price acWednesday, January 27, 2016 |
|
| 24hGold - Publicnow |
| Harmony guides third consecutive quarter of increased production |
| Published on 25 January 2016
Johannesburg: Monday, 25 January 2016. Harmony Gold Mining Company Limited ('Harmony' or 'the Company') is pleased to advise that it continued to increase its gold production for a third consecutive quarter. Underground grade was up close to 7% and overall gold production was 2% higher quarter on quarter.
Newly appointed chief executive officer, Peter Steenkamp, commented: 'The production teams kept their momentum, with the majority of the operations delivering boMonday, January 25, 2016 |
|
| 24hGold - Yahoo |
| GOLD Barrick Gold Releases Preliminary Q4 Production Results |
| Barrick Gold Corporation ABX has announced preliminary fourth-quarter and full-year 2015 production results.For the fourth quarter, Barrick Gold’s preliminary gold production was 1.62 million ounces and copper production was 138 million pounds. The realized average gold price is expected to be $1,105 per ounce in the quarter and the realized average copper price is likely to be $2.16 per pound.For full-year 2015, the company achieved production of 6.12 million ounces of gold, in line with the exFriday, January 22, 2016 |
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| 24hGold - Yahoo |
| GOLD 3 Reasons Why Harmony Gold Mining (HMY) is a Great Momentum Stock |
| Many investors like to look for momentum in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for momentum investors in the near term.This method discovered several great candidates for momentum-orientWednesday, January 20, 2016 |
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| 24hGold - Yahoo |
| GOLD Harmony Gold Back From Brink as South Africa's Rand ... |
| The rand’s slump of more than 8 percent against the dollar this year is helping to reverse the fortunes of Harmony Gold Mining Co., causing profit margins to surge and making it the best-performing stock on South Africa’s benchmark equity index.The Johannesburg-based company, which earns revenue in dollars and pays costs in rand, jumped 83 percent in 2016, compared with a 7.6 percent decline in the 164-member FTSE/JSE Africa All Share Index. The stock has dropped every year since 2012. Harmony pWednesday, January 20, 2016 |
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| 24hGold - Yahoo |
| Notable option activity in equity names |
| Nearing the halfway mark in today's session, here are the individual equity names with unusual option activity on optionMONSTER's ActionTracker data system.Harmony Gold (HMY): About 12,000 August 2 calls were sold for $0.20 as investors bet upside will be limited in the miner. HMY rose 8.88 percent to $1.47.AK Steel (AKS): A block of 5,000 January 2017 calls was bought for $0.20 and 4,500 January 2018 5 calls were sold for $0.50. Volume was below open interest in the shorter-dated contract, whicWednesday, January 13, 2016 |
|
| 24hGold - Yahoo |
| GOLD Harmony Gold Mining (HMY) in Focus: Stock Up 8.3 in Session |
| Harmony Gold Mining Company Limited HMY was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 97.3% in the past one-month time frame.None of the estimates for this gold mining stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. YesFriday, January 8, 2016 |
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| 24hGold - Yahoo |
| GOLD Can The Uptrend Continue for Harmony Gold Mining (HMY) |
| Investors certainly have to be happy with Harmony Gold Mining Co. HMY and its short term performance. After all, the stock has jumped by 57.5% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for HMY?While we can never know for sure, it is pretty encouraging that estimates for HMY have moved higher in the past few weeks, meaning that analyst sentiment Thursday, January 7, 2016 |
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