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Ghana finally acts against illegals at AngloGold’s Obuasi mine

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Order is finally being restored at AngloGold Ashanti’s Obuasi mine in Ghana after up to 12,000 illegal miners invaded the operation in January this...

Harmony Gold says critics must see wage pact in context of...

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HARMONY Gold’s three-year wage deal signed with unions on Thursday was absent any of the pyrotechnics of previous wage negotiations. There wasn’t a single...

Barrick’s Thornton heartened by DRC president Tshisekedi’s call for investment

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BARRICK Gold was "encouraged" by Democratic Republic of Congo (DRC) president, Felix Tshisekedi's speech during a state visit to the United States in which...

Rand gold price decline results in steep interim share earnings fall...

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DRDGOLD said headline interim share earnings will decline between 43% and 53% owing to a year-on-year decline in the rand gold price and lower...

AngloGold to fire up dividend in 2017 as net debt cut...

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ANGLOGOLD Ashanti made hay amid an improved gold price and weaker local currencies against the dollar cutting net debt by a third and positioning...

Some damage already permanent – Holland

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Some of the damage caused by the spate of strikes across the mining industry is already permanent, warns Gold Fields CEO Nick Holland.

Gold Fields says 2011 output totals 3.49m oz

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Gold Fields says its attributable production for the 2011 financial year is expected to be 3.49 million ounces.

Gold Fields heralds end of capital spend with cash flow turnaround...

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GOLD Fields generated positive financial results for the six months ended June 30 generating positive cash flow after capital expenditure and paying out 28%...

Simmers to cut 1,200 jobs at Buffelsfontein

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Simmer & Jack Mines says it may cut almost a third of its workforce at Buffelsfontein mine ahead of the group's merger with Village Main Reef.

Grade, stoppages hit Harmony output

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Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.