STOCKWATCH: Record gold price frees up capital for SA’s major miners
The soaring gold price opens the door for more dealmaking activity and dividend hikes in the local mining sector
07 May 2025 - 05:00
The record gold price has allowed SA’s largest gold mining companies to reduce their debts and free up capital in recent months, opening the door for more dealmaking activity and dividend hikes.
Gold has gained nearly a quarter this year thanks to safe-haven demand, with investors flocking to precious metals as a hedge against US policy uncertainty and heightened geopolitical tension. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.