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Gold Fields warns of gold output downgrades

Gold Fields said production would be no higher than 3.4 million oz and could fall lower as supply disruptions took hold, but it would not compromise on its position as a high yield gold payer.

Harmony sets out stall ahead of $100m Moab deal capital call

HARMONY Gold set its stall out ahead of asking shareholders to support a $100m (R1.4bn) capital raise saying the purpose of the exercise -...

B2Gold brings curtain down on all-action acquisition strategy

B2GOLD has brought the curtain down on its all-action, growth-through-acquistion strategy because gold's return to favour among investors was increasing valuations whereas for the...

Great Basin gains as $150m loan sealed

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.

Randgold targets $500m warchest

The gold industry was currently unsustainable which would create opportunities for growth, said Randgold which wants to take cash to $500m for finance growth.

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...

Simmers Q1 production falls 27pct

Shares in Simmers & Jack Mines fell more than 3 percent as the South African gold miner posted a 27 percent decline in first-quarter gold production.

Sibanye-Stillwater not seeking fresh capital for uncertain, strike-hit SA mines

NEAL Froneman, CEO of Sibanye-Stillwater, said the company would not seek new capital for its South African operations whilst the environment remained uncertain. The Minerals...

Zwane to be briefed by Sibanye on plight of 950 trapped...

SOUTH African mines minister, Mosebenzi Zwane, will be briefed by Sibanye-Stillwater on Friday (February 2) after a lightning strike on Wednesday (January 31) left 950...

Asanko ends eventful year on high note with record gold production

ASANKO Gold ended an eventful, and sometimes difficult, year on a high note registering record gold production and starting development of its Esaase pit,...