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Jintu deal sealed as Gold One hits target

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Gold One International has exceeded its production target for 2011, avoiding a punitive "claw-back' clause which formed part of its takeover by the Jintu-led consortium.

Doornkop tragedy, safety fears hit Harmony

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The March quarter will be a blow to the aspirations of Harmony Gold to thrive at a lower gold price with production hit by safety fears, flooding and stoppages.

Gold up on physical buying

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Spot gold is trading higher as healthy physical demand buoys prices.

Acacia lifts gold reserves at flagship North Mara mine 13%

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ACACIA Mining on Friday reported a 13% rise in gold reserves at the end of May for its Gokona Mine in North Mara, Tanzania,...

Gold Fields, NUM solve South Deep impasse

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Gold Fields and the National Union of Mineworkers have settled their differences over working conditions and an operational model at the company’s South Deep mine.

Gold forges on, BIS swap ‘positive’

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A timely reminder that all was not well in Europe has given gold some fresh impetus while the swap of gold for currencies by the Bank of International Settlements in its last financial year has been hailed by GMFS.

Great Basin gains as $150m loan sealed

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Ferdi Dippenaar, CEO of Great Basin Gold, says fears over the mining method at its South African mine exacerbated worries it would not secure bank debt.

Some Aurora workers remain unpaid

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A total of R800,000 has been paid towards the salaries of some Aurora Grootvlei miners from Springs, says the department of labour.

Gold Fields terminates bid for Yamana Gold after Canadians pull support

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GOLD Fields has brought five months of feverish corporate action to a disappointing close, terminating its proposed takeover of Yamana Gold. This came after the...

SA gold executives cautious on project spending despite dearth in new...

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KELVIN Dushnisky, CEO of AngloGold Ashanti, said the company was content to keep production at current levels of about three million ounces a year...