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Gold Fields restructures South Deep, affecting 1,560 staff

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NICK Holland's hope that "green shoots" had appeared in respect of Gold Fields' South Deep production plans came to nought today after the group...

Can’t allow ego to stand in way of DRDGold’s future –...

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"ANYONE can be a CEO; you can be the CEO of your corner shop if you want to,” said Niël Pretorius who actually doesn’t...

Randgold Resources maintains 2018 guidance despite interim shortfalls

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Randgold Resources has kept its full year-guidance on production and costs intact despite revealing  some slippage in the six months to end-June with gold...

B2Gold records quantum H1 earnings lift as Fekola impact felt

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TORONTO-listed B2Gold posted net income of $70m for the first half of its 2018 financial year - a significant increase over the $15m it...

Sawiris looms large as La Mancha lines up new ‘game-changer’

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EGYPTIAN tycoon, Naguib Sawiris, loomed large in the African gold sector this week. Endeavour Mining, a company in which he has a 30% stake, put...

AngloGold set fair for strong 2018 showing as output trends up

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ANGLOGOLD Ashanti is set fair for a strong production year in 2018 having racked up between 1.6 million to 1.75 million ounces in output...

Sawiris’ La Mancha to pump $125.7m to fasttrack Golden Star growth

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GOLDEN Star Resources today unveiled a potentially transformative transaction that sees Egyptian entrepreneur Naguib Sawiris' newly created La Mancha investment vehicle inject $125.7m into...

Endeavour targets Tabakoto sale as portfolio reshape continues apace

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TORONTO-listed mid-tier gold producer, Endeavour Mining, continued to reshape its portfolio putting its Tabokoto mine on the block in an effort to drive down...

Randgold wins tax concession for super-pit at Mali’s Gounkoto

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BATTLING against long-standing labour relations troubles at its Côte d'Ivoire mine, Tongon, and regulatory uncertainty in the Democratic Republic of Congo (DRC), Randgold Resources...

All systems go for DRDGold as R396m Sibanye-Stillwater deal sealed

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IT was all-systems go for DRDGold which announced today it had concluded the purchase of surface gold reserves from Sibanye-Stillwater in exchange for a...