Allegations of R257m in fraud, theft and tax evasion levelled at...
Subsequent to the publication of this article as per the article time stamp, the attorney for Johan Janse van Vuuren and Mattheus Pieterse referred...
Sibanye defends 1.6m oz 2014 output target
Sibanye Gold acknowledges 1.6 million ounces in output for 2014 is "a stretch target" but thinks it can be achieved as the Cooke operations build momentum.
Bullion’s current tear offers no golden opportunity for South African producers
BULLION'S spot price is on a tear, hitting six-year highs on the prospect of lower US interest rates and rising tensions between Washington and...
Silver hovers near record ahead of Fed decision
SILVER traded close to record levels on Monday following modest profit-taking ahead of this week's Federal Reserve interest rate announcement, whilst gold edged marginally...
Barrick issues cease and desist letter to AJN as plot thickens...
BARRICK Gold has issued a cease and desist notice to AJN Resources, the Toronto-listed firm that claimed it had negotiated the purchase of a...
Pan African to cut 1,700 jobs as rand gains claim scalp...
THE strengthening of the rand against the dollar which has taken a large portion of South Africa's precious metals industry into loss-making territory, claimed...
Flood of illegal gold miners endangering Ghana’s cocoa sector
GHANAIAN cocoa farmers are abandoning the crop despite a trebling in prices in favour of illegal gold mining, said the Financial Times.
It reported that...
Centamin donates $635,000 to Egyptian Govt. in effort to fight COVID-19...
CENTAMIN said it had donated $635,000, equal to 10 million Egyptian pounds, to support Egypt in its efforts to stem the spread of the...
Output, costs hit Gold Fields’ profits
Gold Fields’ operations in West Africa to some extent made up for production losses elsewhere in the first quarter, but its margins came under pressure, hitting the group’s bottom line.
Illegal gold miners too scared to surface as SA police intensify...
ILLEGAL gold miners in South Africa are hiding underground, too scared to surface as police on patrol enforcing the COVID-19 lockdown might arrest them,...