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Acacia Mining directors take 10% salary cut

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The Tanzanian gold miner also reduced its gold price assumption for reserves to $1,100/oz as it prepares for "a lower gold price environment".

Gold Fields’ KDC West hit by strike

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Operations at Gold Fields’ KDC West gold mine have been brought to halt following the start of a second unprotected strike in as many weeks at the gold mining firm.

Grades, tremors add to Blyvoor’s woes

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A striking workforce is not the only challenge Village Main Reef faces at its recently acquired Blyvoor mine.

DRDGold shares up as Ergo shines

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DRDGold’s Ergo surface operations has put in a strong performance for the company, with promises of further upside as construction on another project starts.

Acacia unveils blueprint for cash in teeth of Tanzania crisis

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ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a...

Perseus extends Edikan mining six years after incorporating $31m Esuajah South...

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PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2...

Swanepoel to return to gold

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Bernard Swanepoel says he may consider returning to the gold industry in an effort to bulk up the asset base of listed firm Village Main Reef.

AngloGold Ashanti better served by leaving South Africa, say analysts

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ANGLOGOLD Ashanti ought to sell its last remaining mine in South Africa as it would remain high cost and could not compete for capital,...

AngloGold enters new profitability era

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AngloGold Ashanti stands on the brink of an earnings explosion as it enters a new financial year free from the restraints of a gold hedge, analysts say.

Maria Ramos appointed chairwoman of AngloGold Ashanti after Pityana quits

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MARIA Ramos has been appointed chairwoman of AngloGold Ashanti, said Bloomberg News citing a statement from the Johannesburg-headquartered gold company. She replaces Sipho Pityana who...