Dividends on agenda despite Harmony’s debt, capital ‘priorities’
ONE of the painful lessons learned by the mining sector since the collapse of the commodity market has been the importance of using cash...
Perseus board gives formal investment nod to $265m Yaouré gold mining...
PERSEUS Mining's board gave the widely expected approval for the development of Yaouré, a project in Côte d’Ivoire that will cost $265m to develop and will...
Harmony scraps Evander listing
Harmony has dropped plans to list Evander but CEO Graham Briggs says the group remains committed to South Africa and there should be no further shaft closures except, perhaps, Merriespruit 1.
SA gold mines report two fatalities as they ramp up production...
GOLD Fields reported a fatality at its South Deep mine, west of Johannesburg - the first at the operation in over a year.
The fatality...
Christine Ramon left talking the talk whilst AngloGold takes scenic route...
THE last nine months at AngloGold Ashanti have been curious. First came the resignation of its CEO, Kelvin Dushisky, barely two years into the...
Harmony Gold fears electricity tariff hike will have “severe impact”
A PROPOSED 18.65% hike in the electricity tariff this year would have "a severe impact on our business", said Harmony Gold CEO, Peter Steenkamp....
Soros ditches most gold in first quarter
Billionaire financier George Soros, who calls gold "the ultimate bubble," has dumped almost his entire $800m stake in bullion.
DRDGold’s Pretorius says “way is paved” for re-opening of FWGR by...
DRDGOLD said the "way had been paved" for the partial re-opening of its Far West Gold Recoveries (FWGR) operation following a telephonic meeting with...
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.
Trying times for ‘hunkering down’ VMR
Prior to his resignation, Bernard Swanepoel, CEO of Village Main Reef, said the next year would be one of survival for the company.