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Sibanye-Stillwater says SA ‘overhead’ cuts on radar

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SIBANYE-Stillwater CEO Neal Froneman raised the prospect of further restructuring of the firm's South African division which produces gold and platinum group metals (PGMs). "At...

Perseus Mining declares OreCorp cash bid final

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PERSEUS Mining declared its cash offer for OreCorp of A$0.575 per share final and unconditional on Monday after accumulating a stake of 51.03% in...

Harmony Gold signs historic 6% wage deal with all unions

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HARMONY Gold on Thursday said it had signed a five-year wage deal with unions for a 6% per year increase including benefits, effective from...

DRDGold to double contribution to Sibanye-Stillwater Ebitda

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ACQUIRED by Sibanye-Stillwater with a view to building a strategic, long-term presence in the gold tailings industry, DRDGold now plays the arguably more important role...

Perseus says Sudan gold project “not lost to company”

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PERSEUS Mining, the Australian listed gold miner, said it expected to eventually develop a mine in Sudan despite conflict in the North African nation. Bloomberg...

Gold Fields warns of heavy hits to production in first quarter

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GOLD Fields warned first quarter production would be lower than forecast owing to weather related disruptions at its Australian and South American mines while...

Hummingbird to miss first quarter production target at Kouroussa

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SHARES in Hummingbird Resources hit their lowest ever level after the UK-listed company announced it had delayed commercial production from Kouroussa, a gold mine...

Cockerill pledges continuity sans controversy at Endeavour

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ENDEAVOUR Mining CEO Ian Cockerill promised strategic continuity without the controversy, saying at the gold miner's 2023 results presentation on Wednesday that he intended...

Former Endeavour Mining CEO diverted $20.9m to UAE

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THE former CEO of Endeavour Mining Sébastien de Montessus diverted $20.9m from the company to an unknown entity in the United Arab Emirates (UAE)...

West African wins permit approvals boosting Sanbrado

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WEST African Resources, the Sydney-listed gold producer, said this week it had received permit approvals that would secure the continued operation of its Sanbrado...