Pan African to cut 1,700 jobs as rand gains claim scalp...
THE strengthening of the rand against the dollar which has taken a large portion of South Africa's precious metals industry into loss-making territory, claimed...
Harmony output target nudged a tad as Moab integration begins
THE inclusion of production from the recently acquired Moab Khotsong would take Harmony Gold's gold output in its 2018 financial year to 1.18 million...
Hummingbird targets 115,000oz of gold from Yanfolila in 2018
London-listed Hummingbird Resources has declared its Yanfolila mine in Mali to be in full commercial production from April 1 and has put production guidance...
DRDGold CEO Niel Pretorius puts his money where his mouth is
DRDGold shares have been sliding since the end of January - despite a temporary boost in late March when shareholders agreed the Sibanye-Stillwater...
South Deep clobbers Gold Fields yet again
It was the “same old story” from Gold Fields in the March quarter which is that the non-South African operations delivered but the...
Barrick makes 50/50 offer to Tanzanian government on Acacia
Barrick Gold is proposing a 50/50 split between subsidiary Acacia Mining and the government of Tanzania of the “economic benefits generated by Acacia’s operations.”
In...
Acacia interim CEO remains tight-lipped on Tanzanian situation
Acacia Mining interim CEO Peter Geleta gave nothing away in his review of the March quarter on the two burning issues shareholders most want...
Venkat quits AngloGold Ashanti to become CEO of Vedanta
AngloGold Ashanti CEO Srinivasan “Venkat” Venkatakrishnan has resigned and will leave the group at the end of August to become CEO of diversified...
Gold stolen at Harmony Gold’s Kalgold mine in R4m heist
HARMONY Gold confirmed an ambush of employees at its Kalgold mine in South Africa's North West province resulted in the theft of about eight...
Mixed reviews as Gold Fields CEO, Nick Holland, defends capex push
GOLD Fields CEO, Nick Holland, acknowledged Asanko Gold's plans to grow its Ghana footprint may have been too ambitious which is one of the...