Resolute to ease balance sheet woes after equity raise underwritten for...
RESOLUTE Mining raised A$96m from institutional investors ($65m) which is will use to help lower debt and finance its operations in West Africa.
The equity...
NIA official shown as Pamodzi ‘white knight’
A senior intelligence official was the driving force behind a secret R200m rescue package - using worthless Mexican agricultural bonds - to save the beleaguered Pamodzi Gold.
Zwane hits back at Sibanye, AngloGold for refusing to obey law
SOUTH Africa mines minister, Mosebenzi Zwane, said he was concerned Sibanye Gold and AngloGold Ashanti were refusing to adhere to the country's laws in...
What does Mike Fraser as CEO mean for Gold Fields?
GOLD Fields has a new leader. But much to the market’s relief, strategy is not expected to change. Mike Fraser, a former BHP and...
Central Rand Gold using pension deductions in order to stay afloat...
CENTRAL Rand Gold (CRG), a Johannesburg-listed mining company, was using pension deductions in order to stay open, said City Press citing highly placed sources...
Holland in race against time at South Deep
One view about Gold Fields' Nick Holland is that if the SEC investigation doesn't get him, South Deep will - with the latter the more short-term threat to his tenure.
Gold Fields in lashing over mine deaths
Deputy Minister of Mineral Resources, Godfrey Oliphant, has singled out Gold
Fields as the biggest contributor to mine deaths in the year so far.
Randgold puts best foot forward, beating consensus on the eve of...
RANDGOLD Resources put its best foot forward one day ahead of a crucial shareholder vote on its proposed merger with Barrick Gold, posting higher...
Gold Fields’ R2.5bn book-build may presage other raisings
GOLD Fields is to issue shares worth R2.5bn which it will use to reduce debt after buying a portion of some $1bn (R15bn) in...
Pan African sells Manica
Pan African Resources has finally sold its Mozambican gold project, Manica, in a cash and shares transaction potentially worth R52.5m, the company says.