Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.
Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees down tools since mid-November in a wage strike that has killed four employees at its South African gold operations.
Gold output in September declined to its lowest level in almost four years, decreasing by 19 per cent from a year earlier.
South Africa’s Harmony Gold said on Friday its full-year earnings would be lower than last year due to impairments against a number of its mines as well as foreign exchange losses.
At least 23 people have been killed and dozens wounded in a gold rush in northern Guinea that has led to hundreds of shooting incidents, according to hospital and security sources.