Central Rand Gold plunges on share offer
Central Rand Gold shares dived to new lows on the JSE and LSE, after the troubled junior announced a huge share offer and placement at a deep discount.
Anglo confirms long-standing CFO Medori to quit
ANGLO American’s finance director, René Médori, will retire when he turns 60 in 2017.
Médori, who has been in his position since 2005, is one...
VMR recovery arrested by gold cost hangover
Village Main Reef's Tau Lekoa showed good form with record production and healthy cash generation, but costs from discontinued mines hurt the bottom line.
Harmony Gold continues strong production momentum
HARMONY Gold maintained full year production guidance of between 1.38 to 1.48 million ounces for the period to end-June following a strong first half...
Pressure on as Harmony battles price, inflation
Graham Briggs, Harmony Gold CEO, said 2014 was a tough year for the group hit by fire, a lower gold price and with further restructuring a possibility.
Harmony to impair R1.7bn in life of mine gold resources
HARMONY Gold is to write-down R1.7bn in gold reserves and resources when it unveils its full-year results ended June 30, the company said in...
Sibanye defends 1.6m oz 2014 output target
Sibanye Gold acknowledges 1.6 million ounces in output for 2014 is "a stretch target" but thinks it can be achieved as the Cooke operations build momentum.
Pan African to play it cool on rights offer
Pan African Resources will not dilute existing shareholders by more than 10%
in pursuing a rights offer to help fund the R1.5bn acquisition of Evander from
Harmony Gold.
Sibanye to restart operations at Cooke on July 3
Sibanye Gold will restart operations at the group’s Cooke shafts on July 3 following the end of an unprotected strike which started on...
Tanzania refuses to deal with Acacia Mining, will only work with...
TANZANIA will no longer allow Acacia Mining to manage its mines and will only work with Barrick Gold which owns 63.9% of the company,...