Moody’s predicts gold mines will close if Charter crisis persists
THE writing is on the wall for some of South Africa's gold and platinum mines, according to a report by ratings agency, Moody's, which...
Acacia buys $3.2m in put options to protect remaining revenue
ACACIA Mining sought to further minimise the impact of an export halt on minerals in concentrate from its Bulyanhulu and Buzwagi mines in Tanzania...
Pretorius may ask DRDGold board to consider hedging volatile rand
DRDGOLD CEO, Niël Pretorius, said he wanted to raise the question of gold or currency hedging contracts at the firm's next board meeting as...
DRDGold takes pain after year of restructure, maintains payout
GOLD retreatment firm, DRDGold, blamed significantly lower earnings in its 2017 financial year on operational restructuring and the removal of "legacy issues", and said...
Acacia chops back at Bulyanhulu as Tanzanian impasse continues
Acacia Mining is to shut down underground operations at its Bulyanhulu gold mine in Tanzania which will drop group annual gold production by 100,000oz...
Sibanye Bold*
NEAL Froneman has never been known for reticence. At a time when the mining industry was debt-shy, Sibanye Gold moved in the opposite direction...
Sibanye suspends cash dividend as net debt hits R22bn
TOILING under the weight of its $2.2bn takeover of Stillwater Mining earlier this year, Sibanye Gold suspended the cash dividend, electing instead to pay...
Death of third mineworker confirmed at Harmony’s Kusasalethu mine
A third mineworker trapped underground after a seismic event at Harmony’s Kusasalethu mine near Carletonville on Friday morning has been brought to surface but,...
AngloGold Ashanti close to re-opening Ghana’s Obuasi mine
AngloGold Ashanti is close to a decision to re-open the Obuasi mine depending on the outcome of talks with the Ghanaian government to finalise...
AngloGold Ashanti sounds edgy about developments in Tanzania
Developments in Tanzania are “concerning” for AngloGold Ashanti because its Geita mine is a “tier one” asset in which it is currently investing $180m during the current financial year...