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Simmers sells TGME

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Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.

White Water to vote on Goliath Gold

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Gold One International says the shareholders of White Water Resources will vote to approve the creation of Goliath Gold later this month.

Time to rip up the rule book on runaway gold?

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IT'S not often the head strategist at an organisation that promotes gold urges investors to be cautious about the metal. But that’s what John...

HSBC ups gold outlook

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HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.

DRDGold likens re-opening of ERPM as “akin to South Deep” as...

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DRDGOLD'S attempts to monetise mineral resources held in ERPM (East Rand Proprietary Mines), a property that had been mined for over a century until...

Randgold Resources lower 2011 guidance

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Randgold Resources has significantly adjusted its output target for 2012 downwards, blaming setbacks at its Cote d’Ivoire and Mali operations.

Harmony Gold reports five fatalities at SA mines

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HARMONY Gold on Wednesday said five employees had been killed in two separate incidents at its South African mines. At Doornkop mine west of Johannesburg...

Sibanye-Stillwater ekes out pretax profit despite bruising strike-torn Q1

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SIBANYE-Stillwater had rand weakness against the dollar and an improvement in the basket of platinum group metal (PGM) prices to thank for helping it...

Harmony takes R1.4bn hit on Phakisa

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Harmony Gold has discontinued the development of its Phakisa decline project owing to gold price weakness, and will impair the asset for R1.4bn.

Resolute terminates Mako royalty ahead of refinancing syndicated loan facility

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RESOLUTE Mining said the $12m termination of a royalty held over a small portion of production at its Mako Gold Mine in Senegal would...