Sibanye may ice shafts if AMCU strike is well supported
SIBANYE Gold would mine surface ore stockpiles, shut down certain shafts, and operate other shafts on a partial basis if a strike called by...
Barrick may drive gold consolidation as market looks up
ACTIVITY among West Africa's junior gold producers continues to tick along with interesting news flow this week that has seen two successful capital raisings...
Sibanye may shut Cooke 4 as losses put complex at risk
SIBANYE Gold has raised the prospect of closing its Cooke 4 mine and Ezulwini gold and uranium processing plant, west of Johannesburg, which was...
Another shocker for Gold Fields from troubled South Deep
Just two months after Gold Fields unveiled the rebased mining plan and latest turnaround strategy for its South Deep mine, the “serial underperformer” has...
Acacia CEO quits two weeks after Barrick compact with Tanzania
ACACIA Mining, the Tanzanian gold miner in which Barrick Gold has a 64.9% stake, has been dealt a serious blow after two of its...
‘Nick did the right thing by demerging Gold Fields’ mines’
BY all accounts Neal Froneman, CEO of Sibanye Gold and Gold Fields CEO, Nick Holland get on. They were colleagues once when Holland was...
‘Era of uncertainty’ sends gold into new bull phase
IF there’s one thing that can be said for gold, it’s that it never wastes a good crisis.
The last time bullion was at current...
Safety audits underpin dysfunctional DMR, industry relationship
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, came up with an interesting illustration of how the increasing number of safety audits conducted on South Africa’s mines...
Acacia facing mine closures as “irrational” Tanzania maintains ban
ACACIA Mining may be facing curtailment or closure of up to two thirds of its annual gold production owing to a dispute with the...
AMCU suspends strike as Sibanye calls in all unions for talks
THE Association of Mineworkers & Construction Union (AMCU) suspended a strike at the operations of Sibanye Gold at the eleventh hour after entering into...