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Gold Fields agrees 10%, 3-year wage lift

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Gold Fields is to pay an average 10% a year wage increase to 3,500 employees at its South Deep mine for three years.

Randgold Resources ready to pounce

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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.

Resolute Mining appoints Stuart Gale CEO as gold miner searches for...

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RESOLUTE Mining appointed Stuart Gale, the gold miner's former CFO, as its permanent CEO, the company said today. Gale was Resolute's interim CEO following the...

Equities to outshine gold in post-QE2 world

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Gold's performance has eclipsed that of gold mining stocks this year, but gold equities now are likely to take the upper hand as the flow of cheap US cash slows.

WGC’s Tait on a mission to overhaul gold’s reputation among bankers

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GOLD ended 2022 pretty much where it started, at about $1,800/oz. That may look a pedestrian performance but compared to other asset classes gold did...

Shareholders throw weight behind Banro $207.5m refinance

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BANRO Corporation, a Toronto-listed gold producer operating in the Democratic Republic of Congo (DRC), has unveiled a radical recapitalisation of the business in which...

Great Basin Gold’s sales down

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Great Basin Gold has sold 27% less gold sequentially in the third quarter from its operations in Nevada and South Africa.

Buffelsfontein continues to dog Village Main

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Buffelsfontein continues to give mining junior Village Main Reef a hard time, and was the main contributor to the company missing output guidance for a third consecutive quarter.

Endeavour Mining expects to repay convertible loan from $833m cash pile

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ENDEAVOUR Mining expected to repay a $330m convertible loan, due in the first quarter of next year, from its $833m cash pile accumulated as...

Teranga shares “undervalued” despite doubling this year, says bullish CEO Young

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SHARES in Teranga Gold scaled a new all-time high in Toronto on Monday, but it wasn't enough for the firm's president and CEO who...