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DRDGold unveils R300m Ergo proposal

DRDGold is to spend R300m gaining access to the Ergo mine dumps that will take total surface resources to 600 million tonnes.

Gold soars to record high

Investors are taking stock of global economic prospects and seeking refuge in safe haven assets.

Ergo a winner for DRDGold

The Ergo project is now delivering healthy profits for DRDGold with more to come as the fine-tuning is completed and it will also extend the lives of the Crown and City Deep treatment plants

Pipeline to boost DRDGOLD resource

Junior gold miner DRDGOLD says a pipeline and plant expansion project at its Ergo and Crown operations would up its potential resource.

Gold Fields to up South Deep output 25 percent

Gold Fields believes its South Deep mine, on the west Rand of the Witwatersrand, can produce one million oz/year.

Simmers to sell Transvaal Gold Mining Estate

Simmer & Jack Mines says that it has agreed to sell its wholly owned subsidiary, Transvaal Gold Mining Estates (TGME) to Stonewall Mining for R25m.

Simmers sells TGME

Simmer and Jack Mines has sold its mothballed Transvaal Gold Mining Estates division to an unlisted junior mining company run by a former associate of Peter Skeat.

Wits Gold opts for De Bron

Wits Gold has prioritised the De Bron project in the southern Free State for development and intends expanding it through the purchase of Merriespruit South from Harmony.

Liuri Gold to fight for Zambia licence

ASX-listed explorer Liuri Gold is taking legal action against the Zambian government after its mining licence for the Luiri Hill gold project was cancelled.

Gold One under pressure

Gold One’s share price is being held back by production problems as well as the finalisation of a $65m debt facility, says CEO Neal Froneman.