Time to hit pause on gold miners
the pressure on government to relax, if not lift, lockdown measures is only likely to grow over the coming weeks, not least of which from South Africa’s gold companies.
Peter Steenkamp, CEO of Harmony Gold, was obviously careful with his wording at the firm’s first quarter presentation mid-May, but the message was nonetheless clear: Nearly a month after the end of the initial 21-day Covid-19 lockdown, his company is ready – hopeful even – of resuming full
