WUC to list as acid water issue burns DRDGold
In the battle of the acronyms, it’s TCTA that wins over WUC in the effort to head
off the threat of acid mine drainage in an affair that has more than dirty water
below the surface.
Wits Gold to bid for Burnstone, Navachab
In an effort to stage a rerating of its share price, Wits Gold is considering bids for Burnstone and Navachab owned by Great Basin and AngloGold Ashanti respectively.
Great Basin Gold pins hopes on Hollister deal
Great Basin Gold put some much needed esprit into its share price saying plans to sell down assets would be accelerated as it sought to save the company.
Venkat freezes pay, takes no bonus
Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, has responded to the furore about executive pay by freezing his own cash bonus.
CoM to pop wage dispute with profit share
The Chamber of Mines has now lifted its basic pay offer 1.5% to 5.5% for gold industry members to which it has added a profit share mechanism.
Pipeline to boost DRDGOLD resource
Junior gold miner DRDGOLD says a pipeline and plant expansion project at its Ergo and Crown operations would up its potential resource.
Gold Fields agrees plan to resume Kyrgyz drilling
Gold Fields has signed an agreement with Kyrgyz villagers that will enable it to resume drilling at a prospective copper deposit, three months after an arson attack.
Silver could top 2011’s precious pack
Platinum is drawing investment as a financial asset and palladium boasts an enviable market balance, but silver could top the precious pack this year, says GFMS's Philip Klapwijk.
Blyvoor liability not with DRDGold: Pretorius
The environmental liability for the Blyvooruitzicht mine did not lie with DRDGold, said the firm's CEO, Niel Pretorius.
Trying times for ‘hunkering down’ VMR
Prior to his resignation, Bernard Swanepoel, CEO of Village Main Reef, said the next year would be one of survival for the company.