Saturday, December 15, 2018

Cleaning up South Africa's scandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, says AngloGold CEO Mark Cutifani.

Gold One International, often criticised for tinkering with its forecast figures, will not miss its 120,000oz target in 2011, says CEO Neal Froneman.

Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.

Exploration group Witwatersrand Consolidated Resources has increased its interim loss.

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

Randgold Resources has no plans to change its Africa-focused business model and is not tempted by the lure of South American deposits, says its CEO.

Miranda Mineral Holdings says it has been granted a new prospecting right for the group's Syferbult-Boons gold project until 2013.

Formeer Big Brother celebrity Brad Wood and four others are being charged with murder after four illegal miners were killed at the Aurora Grootvlei Mine in Springs, says the NPA

Great Basin Gold says US authorities has detected potential safety violations at its Hollister mine in Nevada.

Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.