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Gold industry in real distress, says Bristow

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The gold industry was "in real distress" which made growth by acquisition more interesting, said Mark Bristow, CEO of Randgold Resources.

Central banks suffer $560bn gold loss

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The hefty decline in the price of gold this year has wiped $560bn off the value of Central Bank gold holdings which own about 19% of all gold ever mined.

SA golds surge back as rand burns through 10

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The rand gold price is now only a shade below the first quarter's average despite a $225/oz decline in the dollar gold price - the results of rand/dollar weakness.

Assets of troubled miner for sale

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Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.

All eyes on gold majors’ numbers

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The strong rand is expected to erode the benefit of the rise in gold's dollar price for SA’s top three producers - scheduled to report third-quarter earnings in November.

AngloGold appoints Rio Tinto executive Gillian Doran as new CFO

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ANGLOGOLD Ashanti said today it had appointed Gillian Doran as its new CFO and an executive director with effect from January, 2023. Doran is currently...

Cash machine: Sibanye-Stillwater forecasts R25bn in attributable interim profit

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SIBANYE-Stillwater will rack up an attributable interim profit of as much as R25bn when it reports its numbers on August 25, the company said...

Sibanye-Stillwater weighs new round of restructuring at Stillwater

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SIBANYE-Stillwater turned in mixed results for the third quarter in which its Australian tailings retreatment business New Century Resources posted a turnaround, but Stillwater...

Preece says name “in the hat” to lead Gold Fields as...

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GOLD Fields took steps to rebuild its executive team today announcing newly three new appointments, all drawn from within its ranks. In come Kelly Carter...

Sibanye-Stillwater weighs push into uranium with conversion of Beatrix West gold...

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SIBANYE-Stillwater is considering plans to convert its ageing Beatrix West gold operation in South Africa's Free State province into a uranium mine as part...