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Panaf to post earnings boost after Barberton, Evander raise game

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PAN African Resources (Panaf) said higher gold production and a 21.6% increase in the average rand per kilogram price of gold would take full-year...

Randgold maintains production outlook

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Randgold Resources CEO Mark Bristow reckons the group's gold production will remain with 5% of his original forecast for 2010 despite the problems at the Loulo mine in Mali.

Sibanye-Stillwater confirms fatality in Driefontein fall of ground

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  SIBANYE-Stillwater confirmed an employee was killed in a fall of ground accident at its Driefontein mine, west of Johannesburg, this morning. The group's head of...

NUM to hand demands to Pamodzi liquidators

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Mineworkers affected by the collapse of Aurora Empowerment System's financing plan to hand over a list of demands to the Pamodzi Gold liquidators.

Harmony to zap R2.7bn debt pile in two years

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Harmony Gold hopes to be debt-free when it sets about funding its Golpu project in about two years time.

Acacia to receive $2m after finalising end of earn-in with Samara...

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ACACIA Mining formally terminated an earn-in agreement with Sarama Resources for the South Houndé project in Burkina Faso. The divestment from South Houndé is part...

AngloGold claims ‘intense competition’ for mines

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AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.

Pan African slashes net debt R251m

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Pan African Resources slashed net debt and would pay a R210m dividend by accessing its R800m revolving credit facility.

Gold surges to record on euro

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Gold has struck a record high as a weaker dollar and concerns about inflation sent investors piling into precious metals.

Motala fired as Pamodzi liquidator

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Enver Motala and Gavin Gainsford have been dismissed as liquidators of the Pamodzi Gold estate, says labour union Solidarity.