SA parliament warns against Aurora misdemeanours at Optimum
SOUTH Africa's Department of Mineral Resources (DMR) was urged by parliament's Portfolio Committee on Mineral Resources to ensure the activities at the Grootvlei and Orkney...
Golden Star to halt production for 24 hours at Prestea mine...
GOLDEN Star suspended production at its Prestea gold mine in Ghana today following a fatal accident at the mine on Wednesday (March 24).
The incident...
Randgold set to exceed payout after strong start to 2017
RANDGOLD Resources was likely to pay a significant higher dividend after its current financial year even after increasing the last dividend payment 52%, said...
Sibanye unveils R50m profit plan for Cooke 4
Sibanye Gold unveiled plans to save jobs at its Cooke 4 section primarily through a new work cycle which will add up to R50m in profits a year.
Gold, SA mines a fillip to Harmony’s financials
Harmony Gold’s South African operations have delivered the goods for the
group, enabling the company to make mint of the higher gold price during the
past financial year.
Simmers to sell Transvaal Gold Mining Estate
Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.
Pan African gives green light to R1.74bn Elikhulu project
PAN African Resources has approved spending of R1.74bn on its Elikhulu Tailings project in Mpumalanga province - a venture that would yield 56,000 ounces...
Harmony searching for trapped miners
Harmony Gold Mining Company said on Monday afternoon that rescue workers are searching for two employees following a seismic event.
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.
Acacia shares plummet 20% as Tanzania lodges $190bn claim
ACACIA Mining owed the Tanzanian government $190bn related to alleged under-declaration of concentrate exports between 2000 and 2017, according to notices of adjusted assessment...