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South Deep downgrades could send Gold Fields on project hunt

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TRY as it might, Gold Fields is struggling to make ends meet at South Deep, its South African gold mine. Earlier this year, it...

DRDGold declines to set date for FFG fix

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DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.

West African Resources draws down on first $100m Kiaka loan

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WEST African Resources said it had drawn the first tranche of a $265m loan secured from investors for its Kiaka Gold project in Burkina...

Acid test for DRDGold as Ergo FFG re-starts

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DRDGold said its high grade gold re-treatment technology would be re-started by the weekend - a development that will test the virtue of some R600m in outlay.

Harmony suffers Eskom double whammy as winter tariff compounds R95m in...

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POWER cuts implemented by the state-owned utility Eskom cost Harmony Gold R95.5m in revenue, the company said today in its first (September) quarter report. A...

SA records gold output gains

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South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.

DRDGold passes dividend on capex jolt

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The cost of building new technology at its Ergo plant, hit DRDGold's cash flow harder than imagined leaving no room for a cash distribution to shareholders.

Newcrest suspends Ivory Coast operations

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Newcrest Mining has suspended operations at its Bonikro gold mine in Ivory Coast due to a "deterioration in the security situation".

Pan African plans more growth

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Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.

Harmony sticks to its guns on PNG

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New CEO Peter Steenkamp is singing from the same hymn sheet as predecessor Graham Briggs saying Harmony's future lies in Papua New Guinea.