Sibanye-Stillwater’s Froneman unsure if mines will return to 100% production
SIBANYE-Stillwater would not put profits before the safety of its employees, said Fin24 citing the comments of the group's CEO, Neal Froneman.
Commenting during the...
JSE gold shares surge on hopes of US-Iran deal
GOLD and silver recorded their sharpest gains in about a month on Wednesday as optimism grew that the US and Iran are approaching a...
Trafigura strikes Ghana gold offtake and financing deal
COMMODITY trading house Trafigura Group has agreed to purchase 700,000 ounces of gold doré from Ghana's Heath Goldfields and provide $65m in debt, Bloomberg...
Caledonia Mining buys Maligreen gold prospect in Zimbabwe for $4m
CALEDONIA Mining Corporation, a Zimbabwean gold miner, said it had bought the Maligreen project in the country's Gweru district for $4m and would spend...
AngloGold targets 30-40% cut in cash costs in bid to secure...
ANGLOGOLD Ashanti aims to slash cash costs which are currently 30% to 40% too high, said Alberto Calderon, CEO of the Johannesburg headquartered gold...
Caledonia may tap equity markets for $403m Bilboes project
CALEDONIA Mining, the Zimbabwean gold miner, could equity finance up to $100m of its $403m Bilboes project which is forecast to produce 1.5 million...
Sibanye registers interest with Amplats
Sibanye Gold has made contact with Anglo American Platinum regarding buying its high cost, underground platinum shafts in Rustenburg.
Mali court adjourns hearing on Barrick mine Loulo-Gounkoto
A MALIAN court has adjourned until Thursday a crucial hearing on whether to place Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, a move...
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.
Quake knocks out 7% of AngloGold output
AngloGold Ashanti applauded the evacuation of its Moab Khotsong and Great Noligwa mines following an earthquake, but added it was uncertain when mining would resume.