Gold bull Paulson sells third of bullion holdings
Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the past quarter, a move which has dampened sentiment in the gold market.
NUM brings ends to Gold Fields KDC strike
Gold Fields said a strike involving 12,000 workers at its KDC East mine on the West Rand had been resolved after differences between NUM leaders and regional office bearers were resolved.
Sawiris opens talks with Egyptian Govt. over buying 51% stake in...
NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters.
Sawiris chairs private...
Anarchy and death at Aurora mine
Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.
Dismissal scuppers Pamodzi deal, says Motala
The dismissal of two Pamodzi liquidators has jeopardised a possible transaction to rescue the assets, according to one of the pair.
Harmony to tap shareholders for R1.4bn to seal Moab deal
HARMONY Gold confirmed it would tap shareholders for $100m (R1.4bn) in order to part pay for the $300m purchase of the Moab Khotsong mine...
Bernard Swanepoel to chair Simmers
Former Harmony CEO Bernard Swanepoel will take over as chairman of Simmer and Jack Mines at the company's annual general meeting on September 10.
Simmers takeover goes ahead
Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.
Caledonia Mining queries reports of gold price support for Zimbabwe production
CALEDONIA Mining was seeking clarity regarding media reports citing Zimbabwe's state-owned gold buyer, Fidelity Printers & Refineries, that it would provide price support for...
Mineworker dies at Harmony’s Bambanani mine
A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.