Harmony considering West Africa gold expansion
HARMONY Gold is considering plans to expand in Africa in an effort to dilute the risk presented by its mature South African operations from...
Pan African plans more growth
Pan African CEO Jan Nelson is sizing up the next round of growth projects, now that the illegal mining problems at Barberton have been dealt with and Phoenix Platinum is under construction.
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...
Galiano Gold buys Mali greenfields prospect from Barrick Gold for $1.5m
GALIANO Gold has bought a gold exploration property in Mali for $1.5m from Barrick Gold taking the number of greenfield options under its control...
Caledonia announces third dividend increase as gold price fosters long-term confidence
CALEDONIA Mining approved its third dividend increase of the past 12 months, announcing today it would pay out 10 US cents per share owing...
Pan African promises super dividends
Pan African Resources has proposed to pay a 37.9% increase in dividend, with CEO Jan Nelson saying investors can expect more of the same in future.
SA gold wage talks kicked off by NUM
The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.
Sibanye-Stillwater, unions try to save wage pact amid new dispute on...
SIBANYE-Stillwater and a coalition of unions are holding eleventh hour talks in a bid to save a wage agreement provisionally agreed last week.
James Wellsted,...
Harmony forecasts gold production of no more than 700kg during 21-day...
HARMONY Gold forecast gold production of no more than 700kg (24,700 ounces) during the period of the 21-day lockdown ordered by South African president...
Simmers drops proposed rights issue
The Simmers board has opted not to go for a planned rights issue and will instead raise funds required to pay back a R220m loan through a sale of notes as well as cash flow.