Perth-based gold companies Perseus Mining and Kingsrose Mining have strengthened their balance sheets after completing share placements worth a combined $40 million.
Gold miner Perseus Mining has plunged to a $4 million interim net loss, as a decrease in gold production at its flagship Edikan mine as well as a 12.5 per cent fall in its gold sales price weighed
Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
In the first of a quarterly series on executive remuneration, we find that listed companies of all sizes have started cutting chief executive salaries but are still designing packages that offer plenty of upside.
