DRDGold to hedge third of 2019 output as embarks on expansion
DRDGOLD today departed from a long-standing commitment not to hedge its gold production in acknowledgement that a transaction with Sibanye-Stillwater unveiled some 10 months ago...
Endeavour to sell Tabakoto mine in Mali to Algom Resources for...
ENDEAVOUR Mining made short work of its desire to sell Tabakoto, a gold mine in Mali which the Toronto-listed group said at its second...
Arendse’s SSC sets out high ambitions after buying Lily mine
FRED Arendse tells an interesting story about being called into the offices of Ralph Havenstein, then the CEO of Anglo American Platinum (Amplats). Arendse...
Harmony least attractive of SA gold majors despite improvements – JP...
THE good news for Harmony shareholders following this week’s results for the year to end-June is that JP Morgan Cazenove reckons the group has...
Reluctant boss, Venkat, was AngloGold’s change agent provocateur
For a person with an avowed dislike for change, it’s astonishing how much of it Srinivasan Venkatakrishnan (Venkat) has brought about at AngloGold Ashanti,...
Sibanye-Stillwater was not negligent on safety says Neal Froneman
Sibanye-Stillwater, the US and SA platinum group metals (PGM) and gold miner, does not expect to be fined by the SA regulators for safety...
Could Obuasi turn into AngloGold Ashanti’s version of South Deep?
It’s all systems go for AngloGold Ashanti’s $500m project to re-open the Obuasi mine in Ghana but Citigroup analyst Johann Steyn raised an unnerving...
Sibanye-Stillwater’s five-year glitch
Neal Froneman emerges from his office looking worse for wear. I remark so. "I’ve got a lot on my shoulders at the moment," he replies....
Harmony faces a crunch year as key decisions loom on Wafi-Golpu
The Wafi-Golpu copper/gold project in Papua New Guinea is a “game changer” for Harmony and will deliver for the group in the same way...
Venkat leaves AngloGold Ashanti satisfied that Obuasi is on track
Resolving the issues between AngloGold Ashanti and the Ghanaian government over the Obuasi mine was a critical development before Srinivasan “Venkat” Venkatakrishnan stepped down...