Zimbabwean labs overwhelmed as gold rush intensifies
ZIMBABWEAN testing laboratories are buckling under pressure from a dramatic increase in mineral samples as mining companies accelerate exploration efforts, driven by soaring gold...
Gold Fields refinances balance sheet as M&A looms large
GOLD Fields claimed to have achieved "a key milestone" in its balance sheet management, announcing today it had refinanced $1.44bn in credit so that...
New SA fund targets acquisitions of ‘non-core’ gold mines
BOKAMOSO Gold, a new private equity fund fronted by Billy Mawasha, former head of AngloGold Ashanti’s South African operations, is hoping to buy non-core...
Centamin targets mid point of 2021 gold production guidance
CENTAMIN had targeted full year production of about 415,000 ounces of gold, the mid-point of its 400,000 to 430,000 oz guidance for the 12...
Harmony seeks Eskom relief after continual loadshedding threatens productive capacity
HARMONY Gold said it would be forced to cut productive activities at its mines following a new wave of rolling blackouts imposed by Eskom...
Cash flush gold miners in search of balance between dividends and...
THE world's gold mining companies are facing a fresh dilemma of whether to spend their new-found positive cash flow on increasing dividend payments, or investing...
Harmony may mothball loss-making Kusasalethu
The west Rand mine is to produce a R150m net loss for the December quarter as management seeks to quell anarchy on the mine.
Holland concedes lack of leadership key to South Deep failures
TURNOVER in head of operations at South Deep - equal to an average tenor of between 18 months to two years - was a...
Harmony reports Kusasalethu fatality
Harmony Gold has suspended operations at its Kusasalethu mine after an employee was killed in an accident.
Retail investors drive silver to record volumes
RETAIL investor appetite for silver in the US market now rivals popular technology trades as flows reach unprecedented levels, said Reuters citing a report...