South Deep downgrades could send Gold Fields on project hunt
TRY as it might, Gold Fields is struggling to make ends meet at South Deep, its South African gold mine. Earlier this year, it...
Gold forges on, BIS swap ‘positive’
A timely reminder that all was not well in Europe has given gold some fresh impetus while the swap of gold for currencies by the Bank of International Settlements in its last financial year has been hailed by GMFS.
AngloGold, Gold Fields yet to receive notice from Ghana on ‘gold...
ANGLOGOLD Ashanti and Gold Fields said they had yet to receive a formal directive from Ghana following reports today the country's vice president had ordered them...
Burnstone plant start up delayed by 2 weeks
Great Basin Gold, the international mining company developing a gold mine on the Witwatersrand, says the start up of its Burnstone metallurgical plant will be delayed by two weeks.
Gold shares backed to climb higher as the world grows crazier
GOLD shares may have improved 70% this year, but there was further upside for companies mining the metal especially as the gold price was...
Central Rand Gold handed a lifeline
Central Rand Gold has been granted a stay of execution as the Minister of Mineral Resources agreed to temporarily reverse her decision on the cancellation of the group’s mining right.
First repatriated gold lands in Venezuela
Amid wild celebrations, a first shipment of gold bars has arrived in Venezuela after President Hugo Chavez ordered almost all the country's foreign bullion reserves be repatriated.
AngloGold picks Venkat as restructure beckons
Srinivasan Venkatakrishnan has been appointed CEO of AngloGold Ashanti amid
huge pressure on company margins that analysts say will inevitably lead to a group
restructure.
AngloGold to restructure Tau Tona, Kopanang affecting 8,500 jobs
ANGLOGOLD Ashanti is to start a Section 189 restructuring process at its Tau Tona and Kopanang mines potentially affecting 8,500 miners following prolonged unsustainable...
AngloGold board united on strategy to return firm to gold industry...
THE board of AngloGold Ashanti had united behind a single strategy which was to see the firm’s return to the world’s gold mining elite...