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AngloGold will rely on law as it defends safety record, conduct

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ANGLOGOLD defended its safety record, and its conduct with government, following critical comments by mines minister, Mosebenzi Zwane, who on January 25 said mining...

Anglo dispels 2015’s mood of despair as Q4 seals recovery

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UK-listed mining group, Anglo American, produced a strong finish to its 2016 financial year with De Beers and its for-sale asset, the 70%-owned Kumba...

Lonmin leaks cash in Q1 as low productivity, absenteeism strike

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LONMIN'S operational and financial woes deepened in the first quarter of its 2017 financial year in which it said it was losing money and...

Zwane hits back at Sibanye, AngloGold for refusing to obey law

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SOUTH Africa mines minister, Mosebenzi Zwane, said he was concerned Sibanye Gold and AngloGold Ashanti were refusing to adhere to the country's laws in...

Endeavour’s gold output guided up to 10% higher in 2017

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ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per...

Job cuts at AngloGold SA mines crucial precursor to reinvestment

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THE viability of its current operation as well as several projects that would extend the lives of its South African mines partly rested on...

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

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

Sibanye clears anti-trust condition as ‘first step’ in Stillwater bid

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NEAL Froneman, CEO of Sibanye Gold, described approval of US anti-trust conditions as "an important first step" in its audacious R30bn takeover of Stillwater...

Harmony on course to beat 1.05m oz gold output target

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HARMONY Gold was on course to exceed full-year guidance of 1.05 million ounces in gold production after announcing it had produced 8% more gold...

Sibanye to hit DMR with R26m claim for Section 54 stoppage

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SIBANYE is to issue South Africa's Department of Mineral Resources (DMR) with a R26m legal claim following the application of a number of Section...