Gold industry in real distress, says Bristow
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
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
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
Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.
All eyes on gold majors’ numbers
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
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
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
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...
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...
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...