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Blackrock’s Hambro backs creation of SA national gold mining champion

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THE consolidation of South Africa's gold mining production under the control of a single company would be "very interesting" and "something that we could...

“Ball in unions’ court” after SA gold industry wage offer rejected

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SOUTH African gold producers said the "ball was back in the unions' court" after a three-year wage increase offer ranging between 5.5% and 6.5%...

Gold Fields impairs South Deep R3.5bn as fails to meet redesign

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A BELOW forecast gold price and a slower ramp up of production at South Deep negatively affected Gold Fields' profits for its 2017 financial...

Golden Star targets unchanged gold production for 2020 as focus falls...

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GOLDEN Star has guided to gold production of between 195,000 to 210,000 ounces for the 2020 financial year which is largely in line with...

Sibanye lights up subdued SA gold sector

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Sibanye Gold's cash generating ability heightened the prospect of a dividend, and shed light on a be-dimmed gold sector pressured by a falling gold price.

Numbers suggest AngloGold’s future is not in South Africa

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THE strategy behind the proposed demerger of AngloGold Ashanti’s South African gold mines was to give special focus to the ageing mines as well...

Union wants Sars to probe Aurora

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Trade union Solidarity has asked the South African Revenue Service to investigate alleged mismanagement of funds by Aurora Empowerment Systems.

Barrick to complete Lumwana expansion study by year-end

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BARRICK CEO Mark Bristow said on Wednesday a study into the $2bn expansion of the group's Lumwana copper mine in Zambia was expected to...

Endeavour CEO, De Montessus donates 30% of salary to help combat...

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ENDEAVOUR Mining CEO, Sébastien de Montessus, today joined the corporate effort to combat the COVID-19 pandemic and provide financial support to affected communities saying he...

Zimbabwe’s central bank to launch gold-backed digital currency on May 8

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ZIMBABWE'S central bank is to sell a gold-backed digital currency from May 8 in an effort to stabilise its currency and offer and alternative...