Demand for Kruger rands soars
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.
SA gold mines facing medium-term existential crisis if cost headwinds continue...
THE medium-term feasibility of South Africa's remaining deep level gold mines had been thrown into doubt by cost headwinds including the latest three-year wage...
Africa urged by Ghana president not to give away fiscal incentives...
Africa ought not to offer the fiscal incentives used in the past to attract foreign investment to its mining sector, said Ghanaian president, Nana...
Mantashe sets new deadline for SA’s long-delayed cadastre
THE winning bidder to provide South Africa with a long-awaited mining cadastral system will be announced before the end of October – if all...
Gold One dismisses 1,035 workers
Gold One International says the company has dismissed 1,035 employees from
its Modder East mine following the workers’ participation in an illegal strike.
New technology tipped to save 200,000 SA mining jobs by 2025
INVESTING in technology that extended reserve and resource life could save some 200,000 jobs that might be lost by 2025 in South Africa's mining...
Randgold Resources ready to pounce
Randgold Resources sees an opportunity to make hay from the woes of distressed
exploration juniors in West Africa, saying the current dynamics of the industry may
produce some targets.
BHP’s iron ore output climbs, copper falls
BHP Billiton has posted a 24% rise in quarterly iron ore production as it boosted sales to Asian steel mills, but copper output from its Escondida mine in Chile has declined.
Cutifani calls on ANC to abandon outdated ideology; the world has...
THE ANC should not be discussing ideology, it should be discussing how to develop the country, Mark Cutifani, said to applause on Thursday.
Cutifani, former...
South Deep clobbers Gold Fields yet again
It was the “same old story” from Gold Fields in the March quarter which is that the non-South African operations delivered but the...