Cash flush Harmony never better placed to grow offshore
EXECUTIVES at Harmony Gold struggled to recall the last time the company had net cash. "Not in my lifetime," CEO Peter Steenkamp said in...
Harmony to resume dividend after three year hiatus as firm shrugs...
HARMONY Gold reinstated the dividend - the first in three years - after a 31% improvement in the rand gold price helped the company...
Super-rich buy gold by ton
The world's wealthiest people have responded to economic worries by buying gold by the bar - and sometimes by the ton, according to bankers catering to the very rich.
Gold Fields delivers record earnings
Gold Fields has reported record earnings for the September quarter, but the numbers were boosted by greater attributable gold production from West Africa following the take-out of minorities.
Two smart deals and a risk-off market has bought Gold Fields...
IN the words of singer Taylor Swift, Gold Fields shook it off. Five months after the resignation of CEO Chris Griffith, the gold miner’s...
Egos must go before SA gold consolidates
Egos must go and time must pass before the South African gold sector would be able to consolidate, two prominent gold company bosses have said.
Great Basin’s Dippenaar votes with wallet
Ferdi Dippenaar, CEO of Great Basin Gold, has put down R488,000 buying his company's shares after recent value slide.
Gold Fields merges Kloof and Driefontein
Gold Fields has merged its flagship Kloof and Driefontein mines, shedding 115 top management jobs in the process, as it looks to lower costs and improve profit margins.
Sibanye-Stillwater to mothball, close four gold shafts, but limits job cuts...
SIBANYE-Stillwater will cut 3,450 jobs at its Driefontein and Beatrix gold mines reducing annual production to between 1.09 to 1.15 million ounces.
This is the...
Harmony Gold and unions agree 7.8% total average wage increase in...
HARMONY Gold has agreed a total average increase of 7.8% falling to seven per cent in the final year of a new three-year wage...