SA gold wage talks kicked off by NUM
The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.
Simmers decides on rights offer soon
Junior gold producer Simmer & Jack Mines says it will make a decision regarding its funding options within two weeks.
Gold Fields warns of fourth quarter strike pain
Only a portion of lost production owing to strikes had been accounted for in the September quarter, Gold Fields said which also warned of imminent restructuring.
Wits Gold opts for De Bron
Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony.
West Africa’s political whirligig won’t keep investment dollars from its gold
IN 1997, when Randgold Resources listed on the London Stock Exchange, about 2.5% of world gold production was being dug in West Africa, of...
Golden Star considering increasing mining rate at “world class” Wassa
GOLDEN Star Resources, the company in which Naguib Sawiris' La Mancha Resources took a 30% stake last year, increased the mineral reserve of its...
AngloGold puts Cerro Vanguardia up for sale, acknowledges more asset sales...
ANGLOGOLD Ashanti put clear blue water between itself and recent merger and acquisition activity in the global gold industry saying in comments to its...
Sibanye offers AMCU return to work proposal, no pay hike beyond...
Sibanye-Stillwater has offered the Association of Mineworkers and Construction Union (AMCU) a proposal to get its striking members in the gold sector back to...
Resolute interim CEO, Stuart Gale, “under no misconception” positive cash flow...
RESOLUTE Mining interim CEO, Stuart Gale, said there was "no misconception" among the company’s executives that the task was to return the company to...
Hummingbird takeover offer to be declared unconditional
THE delisting of Hummingbird Resources moved a step forward on Friday after the gold miner's main shareholder Nioko waived outstanding conditions on its takeover...