Centamin to take gold output hit after ground shifts at Sukari,...
CENTAMIN will produce up to 15% less gold than planned for its 2020 financial year after the company suspended mining activities amid safety concerns...
Famous Harmony leverage comes to the rescue amid underwhelming interim gold...
HARMONY Gold adjusted full-year production guidance down to 1.4 million ounces following a disappointing first half performance, principally at its Kusasalethu mine, but the...
Glencore takes 2016 disposals to $3.2bn after ags deal
GLENCORE took asset disposals this year to $3.2bn following an agreement to sell a further stake in its agribusiness for $624.9m.
The Swiss-headquartered mining and...
Gold falls most in 12 years after record run
GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs.
Gold plummeted as...
AngloGold to bring curtain down on SA mining as announces intention...
ANGLOGOLD Ashanti is to end more than a century of mining in South Africa announcing today its intention to sell Mponeng and its surface...
AngloGold, Sibanye lose R481m to power outage
AngloGold Ashanti and Sibanye Gold lost a combined R481m in revenue as a power outage saw both companies shed production in the West Wits region.
SA gold firms ‘close to the wire’
Even without factoring in the effects of wage increases, the South African gold industry was teetering on the edge and would be burning cash after capital spend.
Gold market bullish for Harmony, but Wafi-Golpu delay fuels concern about...
HARMONY Gold met full year production guidance but a delay in the permitting of its Wafi-Golpu project in Papua New Guinea exacerbated concerns about...
Harmony Gold and unions agree 7.8% total average wage increase in...
HARMONY Gold has agreed a total average increase of 7.8% falling to seven per cent in the final year of a new three-year wage...
Endeavour Mining drops proposed takeover of Centamin lack of sufficient information
ENDEAVOUR Mining has terminated merger discussions with Centamin - which operates the Sukari gold mine in Egypt - so dropping the "possible all-share offer"...