Thanks to the high global gold prices, another Australian miner has joined the list of companies with a dividend-paying purpose in mind. Gold Road Resources said yesterday that it is likely to start paying dividends at the end of this year. There is a proviso or two – that it has at least $100 million cash on hand and payouts will be limited to between 15% and 30% of free cash flow above the $100 million level. But directors expect to pay its first dividend after the half-year ends in December. The company says it will also set up a dividend reinvestment program. The company says it has no debt after it was repaid in ... (full story)