Holland calls time on labour-intensive mining
Nick Holland, CEO of Gold Fields, said mining companies in South African had to transform to mechanised mining methods in less than ten years.
Shanta Gold launches $14m book-build to fund Helio takeover
Shanta Gold, a UK-listed mining firm operating in Tanzania, is to raise $14m through a share book-build the proceeds of which will be used...
Acacia ‘has potential’ to beat dividend policy after strong year
ACACIA Mining said strong cash generation in its 2016 financial year, and the absence of pressing capital expenditure at its Tanzania mines, would be...
Court orders Aurora’s Zuma to pay R10m
A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.
SA golds surge back as rand burns through 10
The rand gold price is now only a shade below the first quarter's average despite a $225/oz decline in the dollar gold price - the results of rand/dollar weakness.
Simmers finally takes over Tau Lekoa
UPDATED - Shares in Simmer & Jack Mines shrugged off a weak initial response to its eventual purchase of Tau Lekoa mine to trade some 18% higher in mid-afternoon trade.
Chasm opened as chamber offers 4% wage hike
The Chamber of Mines has offered unions a 4% wage and benefits increase opening a chasm in expectations and economic reality.
DRDGold kicks off new era, aided by rand
A lift in recoveries and rand weakness from the strike contagion helped DRDGold to
a 51% operating profit gain in the September quarter.
Gold Fields output stays flat
Gold Fields has reported first-quarter production figures of 827,000 ounces, largely flat compared to Q1 2011's 830,000oz.
AngloGold’s Dushnisky talks up $550m plan to breathe new life into...
NEW AngloGold Ashanti CEO, Kelvin Dushnisky, has given a glowing endorsement of the prospects for the group’s Obuasi gold mine currently under development at...