Wits Gold posts loss increase
Exploration group Witwatersrand Consolidated Resources has increased its interim loss.
The one time Neal Froneman feared for the future of Sibanye-Stillwater
TWO years ago, following a series of fatal accidents in his company's gold mines, Neal Froneman thought Sibanye-Stillwater might be in financial trouble.
"It was...
Randgold lifts payout 52% as racks up record output numbers
RANDGOLD Resources lifted the full-year dividend 52% to $1/share following a strong showing in which it grew cash to $516m on the back of...
Newmont unveils new CEO as Palmer set to retire
TOM Palmer will retire from Newmont by December after more than a decade with the world's largest gold producer, the company said on Monday,...
Gold Fields to unveil new CEO in two weeks
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...
Endeavour Mining promises rapid deleveraging ahead of clarity on dividend policy...
ENDEAVOUR Mining had embarked on a new chapter of debt reduction and cash flow generation following the commissioning of the firm's $402m Ity CIL...
AngloGold takes Obuasi social crisis to US arbitration
ANGLOGOLD Ashanti has sought international arbitration in order to save operations at Obuasi following a deterioration in security at the mine, situated in Ghana.
In...
Hope at Beatrix as Gold Fields issues ultimatum
Striking workers have started to return to Gold Fields’ Beatrix mine in the Free State,
the company says, recording attendance levels in excess of 80% at some shafts.
West African miner Perseus extends buy-back
SHARES in Perseus Mining surged over 8% on Monday after the West African gold miner approved a A$50m increase in its share buy-back programme.
This...
Zambia advances plans to shore up finances as gold to be...
ZAMBIA'S plans to shore up its finances took another turn last week after the southern African country amended legislation to make gold a strategic...