Gold Fields to do more to tackle ‘production cliff’ narrative
MINING executives are fond of claiming to follow value over volume strategies. In practice, they hardly ever do it. Why is this?
Mines, otherwise known...
“Ball in unions’ court” after SA gold industry wage offer rejected
SOUTH African gold producers said the "ball was back in the unions' court" after a three-year wage increase offer ranging between 5.5% and 6.5%...
Mining inflation, production glitch likely to dominate Harmony Gold interims
HARMONY Gold said mining inflation would be a factor in lower basic earnings for the first half of its financial year ended December.
A number...
How long before Gold Fields follows AngloGold to New York?
THE shift of AngloGold Ashanti shares to a primary New York listing was always going to attract negative headlines for South Africa, but it's a...
Sibanye pays dividend despite strike risk
Sibanye Gold made good on promises to return cash, but the risk of an unprotected strike at its Driefontein mine has increased after AMCU turned down an 8% offer.
Randgold Resources sticks to its knitting
Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.
Panaf plans 25% gold output lift at Elikhulu
Pan African Resources said it would produce 50,000 ounces of gold from its Elikhulu surface gold project, currently subject to a definitive feasibility study.
Endeavour Mining extends Houndé gold reserves 25% after Kari exploration update
ENDEAVOUR Mining unveiled maiden indicated resources at its Kari West and Kari Centre exploration sites of one million ounces taking the total measured and...
Ekurhuleni power dispute won’t impinge on DRDGold payout plans
DRDGOLD said a decision to pay R126m amid a legal dispute with a local municipality regarding electricity tariffs would not affect its intention to pay...
Riskier but gold’s mid-tier and junior miners offer value
PAN African Resources broke into the JSE’s top 40 index last month with a market capitalisation of R65bn. Once a gold mining minnow, the...