Mining

South Africa’s long-embattled gold miners are looking to cut debt and boost dividends as the ascending gold price continues to break records in the midst of the global economic downturn this year. The gold price extended its record-breaking run to trade at US$2,069.21 per ounce yesterday,...

Ghana has cemented its position as Africa’s largest gold producer after increasing its industrial gold output by 6% in 2019. The West African country officially overtook South Africa as the continent’s top gold miner in 2018, when it produced 4.8 million ounces (Moz) compared to South...