Sibanye-Stillwater to mothball, close four gold shafts, but limits job cuts...
SIBANYE-Stillwater will cut 3,450 jobs at its Driefontein and Beatrix gold mines reducing annual production to between 1.09 to 1.15 million ounces.
This is the...
Acacia shareholder, Fidelity, declares Barrick minority takeout offer 50% too low
BARRICK Gold's attempts to bring a close to a two-year dispute with the Tanzanian government may be heading for failure, according to Reuters in...
Debt, jobs and deals: keywords for Sibanye-Stillwater’s Froneman now Lonmin deal...
THE combination of the platinum group metals (PGMs) operations of Sibanye-Stillwater with those of Lonmin may have created the largest platinum producer, but analysts...
Harmony admits PNG political instability raises risk of MoU change on...
HARMONY Gold acknowledged the risk that political changes in Papua New Guinea (PNG) could create a situation where a memorandum of understanding (MoU) regarding...
Former BHP chair, Vincent Maphai, to preside over Sibanye-Stillwater board from...
SIBANYE-Stillwater said it had appointed former BHP Billiton chairman, Vincent Maphai, as its new chairman following the resignation of Sello Moloko. Maphai's appointment would...
Tanzania refuses to deal with Acacia Mining, will only work with...
TANZANIA will no longer allow Acacia Mining to manage its mines and will only work with Barrick Gold which owns 63.9% of the company,...
Former Absa CEO, Maria Ramos, to join board of AngloGold Ashanti
FORMER banker Maria Ramos is to join the board of AngloGold Ashanti as a non-executive director, the gold producer said in an announcement today.
"I'm...
Betts tentatively turns thoughts to M&A as Hummingbird acknowledges single asset...
HUMMINGBIRD Resources was "ambitious to diversify" through merger and acquisition activity and would explore opportunities in its 2019 financial year, said Daniel Betts, CEO...
Zimbabwe consortium formed to bid for Metallon mines Shamva, Mazowe
VARA Mining, a consortium of Zimbabwean business interests, has bid for control of the Mazowe and Shamva mines owned by Metallon Corporation, South African...
Barrick offer for Acacia Mining shares fair given Tanzania risk –...
BARRICK Gold's nil-premium offer for shares it doesn't own in Acacia Mining was a fair one because it takes account of the additional risk...