AngloGold begins fresh round of cost cutting
The National Union of Mineworkers said it had held preliminary talks regarding voluntary separation packages for workers in some categories.
Renowned gold bull flies to defence of Wits Gold
Media-shy chairman of Wits Gold, Adam Fleming, says he will buy shares in the firm, the valuation of which was "anomalous".
Harmony Gold says it has the blue print for combating illegal...
HARMONY Gold said last month it had eradicated most of the illegal gold mining in the Free State province after closing up more than...
South Deep provides hope for Gold Fields
Better than expected production results from its South Deep operation in South Africa and a development agreement in Ghana may provide Gold Fields investors...
Finger of blame falls on Pamodzi liquidator
Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.
AngloGold to cut 2,000 ‘services’ jobs after shrinking SA footprint
ANGLOGOLD Ashanti is to cut as many as 2,000 jobs from the ranks of its support and services following a restructuring of its South...
Newmont forecasts record gold at Ghana’s Ahafo after $175m mill expansion...
NEWMONT Goldcorp forecast record gold from Ahafo, its Ghana gold mine after achieving commercial production at a $175m, 100,000 ounce a year mill expansion.
"The...
Perseus Mining boss says gold price weakness hasn’t made M&A market...
A CORRECTION in gold company valuations did not make it easier to conclude acquisitions, said Perseus CEO Jeff Quartermaine whose company wants to bring more...
African Barrick Gold eyes JSE listing
African Barrick Gold, the fifth largest gold producer in Africa, may list in SA as it prepares to expand its operations.
Barrick pays Tanzania Govt. $100m from first gold-in-concentrate exports in three...
BARRICK Gold said it had paid $100m of some $300m owed to the Tanzanian government after the sides agreed in 2019 to settle allegations...