Chamber, Cosatu agree on labour framework
Gold mining companies make some significant concessions as they and trade
federation Cosatu discuss ways to bring the current spate of wildcat strikes to an
end.
Gold Fields maintains production outlook
Gold production from Gold Fields shows the traditional drop for the March quarter, but the group is maintaining its forecast for 2011.
Gold Fields’ shares expected to lag until management vacuum filled say...
SHARES in Gold Fields are forecast to underperform owing to management and strategic uncertainty following the shock resignation of CEO since April 2021, Chris...
Sibanye stays axe over Beatrix West
Sibanye Gold stayed the axe over two-thirds of the 3,000 employees potentially affected by restructuring at its Beatrix mine in the Free State province.
HSBC ups gold outlook
HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.
RioZim to sue Zimbabwe Reserve Bank for loss of forex earnings
RIOZIM is taking legal action against the Reserve Bank of Zimbabwe (RBZ) for failure to have access to foreign currency earnings realised from the...
Aussie gold miner doubles down in Burkina Faso
IT’S a busy time for Perth-based West African Resources which recently registered first production from Kiaka, a gold mine in Burkina Faso. This is...
Gold a bubble that may deflate, says analyst
Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.
Australian miner raises $100m for Burkina Faso gold project
GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year...
China’s Zijin Mining “paying attention to Tanzania” but “not yet negotiating”
ZIJIN Mining Group, the Chinese company that last month agreed to buy Nevsun Resources for C$1.86bn, was "paying attention" to Tanzania, but it was...