Pan African concludes R50m share buy-back, commissions R150m solar plant
PAN African Resources, the South African gold producer, said it had completed the first phase of its buy-back programme at a cost of R50.3m.
Some...
NUM labels Sibanye-Stillwater retrenchments “punishment” for three-month strike
THE National Union of Mineworkers (NUM) described Sibanye-Stillwater's restructuring plans in which hundreds of workers could be laid off as "punishment" for a three...
Gold One gobbles up Rand Uranium
Gold One International says it has struck a $250m deal to take over Rand Uranium.
Harmony, DRDGold at new 12 month highs as Eskom worries take...
THE South African rand sank to a three year low against the US dollar partly driven down by ongoing concerns with the country's power...
Egypt gives clearance to AngloGold takeover of Centamin
ANGLOGOLD Ashanti today said its proposed takeover of Centamin had been approved by the Egyptian competition authorities keeping the $2.5bn deal on course for...
Motala fired as Pamodzi liquidator
Enver Motala and Gavin Gainsford have been dismissed as liquidators of the Pamodzi Gold estate, says labour union Solidarity.
DRDGold, Govt seek way through AMD impasse
Discussions have been opened between the Water Affairs Department and
DRDGold on a possible win-win solution to the acid mine drainage controversy.
Teranga Gold’s Young plans on double-quick repayment of $414m debt pile
TERANGA Gold intends to start mining the Massawa orebody in Senegal for a fraction of the $333m pre-production capital Barrick Gold estimated for the...
Harmony’s Briggs announces retirement plans
The retirement of Graham Briggs, the seven-year-long CEO of Harmony Gold, comes at a time when his company stands the most vulnerable if wage talks fail.
SA gold sector strike halted … for now
A strike by the AMCU due for January 23 was suspended but not yet interdicted as the Labour Court pondered a decision expected on January 30.