Gold Fields stages Q3 recovery, but South Deep to miss target
GOLD Fields responded strongly to the previous quarter's operational setbacks staging a $152m positive swing in cash flow during the third quarter, and nibbling...
Analysts would prefer AngloGold divorce from SA, but is that wise?
THE purchase of the Moab Khotsong gold mine in South Africa's Vaal region for about R4bn is primarily a Harmony Gold story, but attention...
Acacia unveils blueprint for cash in teeth of Tanzania crisis
ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a...
Barrick inks 50/50 deal with Tanzania, pays $300m in goodwill
BARRICK Gold has agreed to share equally the "economic benefits" generated by the mines of its 63.9%-held listed subsidiary, Acacia Mining, with the Tanzanian...
Steenkamp styles Moab deal “a new ball game” for Harmony
FIRST on Harmony’s do-list following the handover of AngloGold’s Moab Khotsong mine in the Vaal River Region will be an analysis on how it...
Harmony to buy AngloGold’s Moab Khotsong for $300m
THE reconfiguration of AngloGold Ashanti's portfolio continued apace today with an announcement that it would sell its Moab Khotsong operations to Harmony Gold for...
Pan African says one year wage deal with NUM due to...
PAN African Resources agreed an 8% wage increase with the National Union of Mineworkers (NUM) for employees at its Barberton Mines, but it will...
Sibanye preserves 300,000 oz in platinum output as saves R1bn
THE R200m increase that would take total cost savings at Sibanye-Stillwater's South African platinum assets to R1bn - achieved two years ahead of schedule...
Harmony unclear that Kubekha murder linked to illegal mining
HARMONY Gold said it remained "very unclear" if the murder of employee Simphiwe Kubekha, a regional mine manager of its Tshepong and Phakisa mining...
Acacia within reach of output guidance despite Bulyanhulu woes
ACACIA Mining produced 191,203 ounces of gold in the third quarter taking production for the year to about 620,000 ounces and putting the UK-listed...