Gold One’s Chinese backers worry over SA
Gold One CEO Neal Froneman says his Chinese investors are anxious about labour relations in SA and that the current instability is posing a risk to the company’s growth ambitions.
DRDGold pencils in 2015 FFG restart
Niel Pretorius, CEO of DRDGold, is confident the firm's high-tech FFG project would restart in January nearly a year after the R600m venture faulted.
Bright future for SA mining, says Shabangu
Mining will be a thriving sector within the next decade, according to Mines Minister Susan Shabangu, speaking at the opening of Great Basin Gold's Burnstone mine.
Bank revises average gold price as metal surges on and on
GOLD is forecast to trade at $3,500 per ounce in the next two years and will achieve higher average prices this year, according to price...
Sibanye-Stillwater’s Froneman unsure if mines will return to 100% production
SIBANYE-Stillwater would not put profits before the safety of its employees, said Fin24 citing the comments of the group's CEO, Neal Froneman.
Commenting during the...
Gold climbs on tariff chaos and dollar weakness
GOLD extended a run of gains on Monday, rising towards $5,180 an ounce as uncertainty over US trade policy rattled markets and weighed on...
AngloGold targets 260,000 oz in Obuasi output next year as ore...
UNDERGROUND ore mining is set to resume at AngloGold Ashanti's Ghana mine Obuasi by mid-October, the gold producer said today.
However, production would only restart...
Endeavour’s gold output guided up to 10% higher in 2017
ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per...
Barrick has been too reticent on M&A, says chairman
JOHN Thornton listed a reticence in mergers and acquisitions as a number one mistake since becoming a director of Barrick Gold in 2012.
"Barrick has...
Absa raises R128m bond issue for Simmers
Absa Capital has raised R128m in a high yield, unrated bond issuance for Simmer & Jack Mines.