Home News Gold Page 161


SA gold sector edges towards wage deal

Solidarity and UASA may accept the gold sector's latest wage offer and there's talk NUM may follow suit. But what of AMCU?

Sibanye’s Froneman calls for SA president Jacob Zuma to quit

SIBANYE Gold CEO, Neal Froneman, believed it was time for South African president Jacob Zuma to relinquish power as governance issues were deterring investment. In...

Sibanye employees attacked amid illegal strike at Cooke

FOUR employees of Sibanye Gold were injured, two seriously, following illegal industrial action during the night shift on October 3 at the firm's Cooke...

Acacia ‘has potential’ to beat dividend policy after strong year

ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...

Rand fall saves Harmony from ADR change

The turnaround in the share price of Harmony Gold has delivered the company from changing the ratio at which its ADRs trade to its ordinary shares.

Randgold’s Malian assets operational

Randgold Resources CEO Mark Bristow says the company's operations in Mali are operational, adding that conditions in the country are returning to normal.

Safety blunders smack AngloGold SA output

AngloGold Ashanti took its eye of the ball in the September which resulted in five fatalities and a loss of gold production.

Pan African sticks to its SA knitting

Pan African Resources CEO Jan Nelson says South Africa is still the best country in Africa in which to develop and run the kind of mining projects he’s looking for.

Sibanye stays axe over Beatrix West

Sibanye Gold stayed the axe over two-thirds of the 3,000 employees potentially affected by restructuring at its Beatrix mine in the Free State province.

AngloGold lauded as cost cutting bears fruit

The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.