Home News

News

Acacia surpasses 2014 gold output forecast

0
Analysts said Acacia deserved to be re-rated as it turned in another solid quarter of cost reduction and gold production increases.

Implats sticks by R90 per share cash portion of RBPlat bid...

0
IMPALA Platinum (Implats) confirmed the cash portion of its offer for Royal Bafokeng Platinum (RBPlat) would be unaffected by the R5,35/share final dividend announced...

Central banks key to stamping out global scourge of illicit gold

0
ILLEGAL mining, especially in gold, is not unique to South Africa. Billions of dollars in illegally mined gold has been sold to traders in...

AMCU strike may deal gold sector hefty blow

0
AMCU's proposed strike later this week could have broader consequences for the gold sector that first imagined as it claims growing membership in the industry.

Codelco says an Anglo suit could last years

0
Codelco's looming legal battle with Anglo American may take three to four years to be resolved, says Codelco chief Diego Hernandez.

VMR considers asset, company sale options

0
Village Main Reef said it would consider selling the entire company "as a going concern" although there was no formal process to do this "at the moment".

Gold Fields to unveil new CEO in two weeks

0
GOLD Fields will announce a new CEO in about two weeks time, said Bloomberg News citing the group's interim boss Martin Preece. Preece told the...

Misfortune, mishap forces DiamondCorp into business rescue

0
DIAMONDCORP'S Lace diamond mine would be placed in business rescue after misfortune heaped upon mishap had made it impossible for the project to reach...

Orion hoping to finalise JV partner for R3.73bn Prieska Copper-Zinc project...

0
ORION Minerals hoped to sell a stake in its Prieska Copper-Zinc project situated in South Africa's Northern Cape province by the third quarter of...

Centamin steadies ship with interim payout lift and output plan analysts...

0
CENTAMIN CEO, Andrew Pardey, acknowledged it "would be nice" to have another 'near production' asset in the group's portfolio, but he appeared determined to...