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Political tensions give precious metal miners pressure respite

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POLITICAL ructions globally and domestically have provided respite to South Africa's precious metal producers which unveiled some 21,000 in potential job losses in June...

Holland ranks demerger of SA gold mines among his finest achievements...

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THE move to unbundle all of Gold Fields' South African mines bar South Deep into Sibanye (which became Sibanye-Stillwater) "... was one of my...

Harmony halts Hidden Valley JV operations

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Harmony Gold Mining says it has halted operations at its Hidden Valley joint venture operation in Papua New Guinea following an earthquake.

Simmers secures forward gold sale agreement

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Simmer & Jack Mines says it has raised $20m by way of a forward gold sale through Deutsche Bank AG.

Vavi: Aurora debacle greed at its best

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Aurora Empowerment Systems encapsulates capitalism at its worst and greed at its best, says Cosatu general secretary Zwelinzima Vavi.

Barrick calls off talks to sell African unit

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Canadians Barrick Gold Corporation said it was not progressing talks to sell its 73.9% stake in African Barrick to China National Gold.

DRDGold to expand Ergo production

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DRDGold is to spend R250m to increase gold production through improvements to its Ergo treatment plant to raise gold recovery rates.

AngloGold Ashanti grows Nevada gold hub in $150m deal with Coeur...

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ANGLOGOLD Ashanti is to buy properties in Nevada's Beatty district containing an estimated 914,000 ounces in mineral resources. The Johannesburg-headquartered group announced today it had...

Gold Fields paid premium for Osisko to avoid ‘another Yamana’

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GOLD Fields is one of the companies criticised for overpaying for assets following its C$2.16bn Osisko Mining takeover last month. Concluded at a 55% premium,...

Gold One records maiden profit

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Gold One International has reported a pre-tax annual profit well in excess of most predictions.