New wage offer comes with ultimatum
Employers in the gold mining sector have tabled new wage hike proposals, but the
offer is conditional on all striking employees returning to work by Thursday evening.
Gold Fields, NUM solve South Deep impasse
Gold Fields and the National Union of Mineworkers have settled their differences over
working conditions and an operational model at the company’s South Deep mine.
Newmont CEO says Ghana’s fiscal stability key
NEWMONT CEO Tom Palmer emphasised the importance of fiscal certainty and equitable taxation in attracting mining capital, as the company inaugurated its $900m Ahafo...
DRDGold’s Pretorius to win support for Sibanye deal with cash bait
DRDGOLD CEO, Niël Pretorius, will hope to persuade the firm's shareholders that the company can generate enough cash to significantly offset the R2bn capital...
DRDGOLD to sustain 14-year dividend run despite third quarter earnings slump
DRDGOLD remained on course to pay a year-end dividend despite a slump in third quarter earnings quarter-on-quarter which was a consequence of lower gold...
Gold harder to find than ever before as junior sector ‘hurts’
DIGGING in Egypt’s Eastern Desert, 25km from the Red Sea, geologists for Centamin, a UK-listed gold miner, turned amateur archeologists when they stumbled on...
Resolute interim CEO, Stuart Gale, “under no misconception” positive cash flow...
RESOLUTE Mining interim CEO, Stuart Gale, said there was "no misconception" among the company’s executives that the task was to return the company to...
Anglo concludes sale of Exxaro Resources stake for R3bn
ANGLO American confirmed it had sold its 9.7% stake in Exxaro Resources for R3bn ($215m) or some R87/share representing a 10% discount to Exxaro's...
DRDGold pencils in 2015 FFG restart
Niel Pretorius, CEO of DRDGold, is confident the firm's high-tech FFG project would restart in January nearly a year after the R600m venture faulted.
DRDGOLD upbeat on interim dividend prospects despite tripling in 2023 capex
DRDGOLD reported a 19% decline in adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) to R386.4m for the September (first) quarter owing to...