Orkney’s new knight in Chinese armour
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.
“Ball in unions’ court” after SA gold industry wage offer rejected
SOUTH African gold producers said the "ball was back in the unions' court" after a three-year wage increase offer ranging between 5.5% and 6.5%...
First Uranium to layoff staff at Ezulwini
First Uranium may retrench up to half of its employees at struggling Ezulwini, saying workers will have to prove their worth over Christmas to minimise layoffs.
Harmony to launch investigation as Kusasalethu returns to work
WORKERS at Harmony Gold's West Rand gold mine Kusasalethu returned to surface last night rather than spend a second a night underground with the...
AngloGold counts cost of strikes, Obuasi troubles
Third quarter production would come in at 1.03 million ounces, well below guidance
and raising the likelihood of more profound output losses and higher cash costs for
the year.
Gold Fields to weigh distributing $300m Yamana break-fee to shareholders among...
GOLD Fields would consider distributing a $300m (R5.3bn) break fee from its failed takeover of Yamana Gold to shareholders as one of several options...
Pan African Resources dips as CEO exits
Jan Nelson, chief executive officer for small-cap gold miner Pan African Resources Plc, has quit.
Barrick confident it can nail down $300m deal as Acacia crisis...
DISCUSSIONS between Barrick and the Tanzanian government over resolving the situation at Acacia Mining were proceeding along the lines agreed between Barrick executive chairman,...
Harmony told it’s “too small’ for Wafi-Golpu
On a day when Harmony Gold wanted to show off new detail about its game-
changing Wafi-Golpu resource, the company ran into scepticism over its
strategy for the asset’s development.
Resolute Mining forecasts 371,000 oz upper target in gold production for...
RESOLUTE Mining, the Sydney- and London-listed mid-tier gold producer, has forecast production for its 2021 financial year of 350,000 to 371,000 ounces which it...