Pan African points to low cost gold amid Evander restructure talks
PAN African Resources, currently involved in restructuring discussions at its loss-making Evander Gold Mines, sought to highlight the upside of its activities, saying that...
SA miners in white knuckle ride as Cyril Spring fires-up rand
IT'S hard for South African miners to catch a break.
Having spent years being penalised for the anti-investment administration of former president, Jacob Zuma, they...
Panaf may save jobs despite NUM 1,722 Evander job loss claim
PAN African Resources (Panaf) played down a statement issued by the National Union of Mineworkers (NUM) on Sunday that it was preparing to retrench...
‘Half-glass empty’ AngloGold boss asks analysts for “a chance”
ANGLOGOLD Ashanti collected a bit of flak from some analysts today for its decision to allocate $500m to the redevelopment of Ghana's Obuasi underground...
AngloGold sanctions $500m spend to reopen Ghana’s Obuasi
ANGLOGOLD Ashanti is to spend up to $500m reopening its Ghana mine Obuasi which will eventually ramp up to 450,000 ounces/year, effectively replacing the...
Acacia exploring “expressions of interest from Chinese”
ACACIA Mining, the gold firm in which Barrick Gold has a 64.9% stake, on Friday confirmed media speculation it was considering a sale of...
Pretorius defends Sibanye deal against claim it was too cheap
THE financial benefits for DRDGold shareholders from the deal struck with Sibanye-Stillwater (Sibanye) to acquire the West Rand tailings retreatment project outweigh the penalty...
Holland concedes lack of leadership key to South Deep failures
TURNOVER in head of operations at South Deep - equal to an average tenor of between 18 months to two years - was a...
How job losses, fatalities and illegal mining are a vicious cycle
WHEN it comes to mining statistics of a negative nature they relate in the first place to the 82 mining deaths that occurred in...
Gold Fields to press on with “high capex” 2018 despite headwinds
GOLD Fields said it was in "a comfortable position" to embark on another "high capex year" as it extended operations in Ghana and forged on...