Pan African considering closures as rand hurts high cost shafts
PAN African Resources is staring down the barrel at further retrenchments and possible shaft or mine closures should the dollar price of gold stay...
SA mines solid for Harmony, but firm warns against rand strength
HARMONY Gold turned in a strong operating performance in the first six months of its 2018 financial year lifting production 6% from its South...
Acacia shares dented again as it embarks on ‘step-down’ gold plan
ACACIA Mining has its work cut out after telling investors today it would produce up to 43% less gold in its 2018 financial year...
Ekurhuleni power dispute won’t impinge on DRDGold payout plans
DRDGOLD said a decision to pay R126m amid a legal dispute with a local municipality regarding electricity tariffs would not affect its intention to pay...
Gold Fields impairs South Deep R3.5bn as fails to meet redesign
A BELOW forecast gold price and a slower ramp up of production at South Deep negatively affected Gold Fields' profits for its 2017 financial...
Suffering miners near journey’s end as R9bn payout beckons
SIX years after first bringing a class action against gold mining companies, former miners suffering from occupational lung diseases, such as silicosis and tuberculosis,...
Bristow describes Randgold sell-off as ‘pathetic’ and ‘panicky’
RANDGOLD Resources CEO, Mark Bristow, does not mince his words and his reaction to the 7.5% drop in the Randgold share price on Monday,...
Accept it’s hard to mine here, or move on – DRDGold’s...
DRDGOLD CEO, Niël Pretorius, has urged South African mining companies to either accept the unique challenges of operating in South Africa, or sell up...
Bristow confident Kabila will heed plea on DRC mining code reform
RANDGOLD Resources CEO, Mark Bristow, has met personally with Joseph Kabila, the president of the Democratic Republic of Congo (DRC), as part of the...
DRDGold’s Pretorius to win support for Sibanye deal with cash bait
DRDGOLD CEO, Niël Pretorius, will hope to persuade the firm's shareholders that the company can generate enough cash to significantly offset the R2bn capital...