AMCU defies court at Harmony’s Kusasalethu which loses 150kg in output
HARMONY Gold said it has lost up to 10 days production - equal to about 150kg (52,000 ounces) - at its Kusasalethu mine, west...
Global gold output to fall in 2017/18 after hitting fresh record
THE gold price would average $1,259 per ounce in 2017, according to the GFMS Gold Survey 2017, published by ThomsonReuters which warned, however, that...
Gold shares flicker but political gloom descends on SA
SOUTH African gold shares were lifted as investors sold rands, but the currency sell-down was a consequence of a tumultuous overnight cabinet reshuffle in...
Harmony strike at Kusasalethu over, sheds four production days
A STRIKE at Harmony Gold's west Rand mine, Kusasalethu, was ended this afternoon, but the gold producer had lost between three to four days...
Endeavour Mining calls off merger talks with Acacia
ENDEAVOUR Mining has called off its planned merger with Acacia Mining providing little details, but saying it could not derive "adequate value" from initial...
Panaf confirms 976 face chop at Evander as rand crushes margin
PAN African Resources (Panaf) confirmed up to 976 employees at its Evander Gold Mines would be retrenched after the firm served a Section 189...
Perseus clinches $40m in funds for Sissingué
PERSEUS Mining has clinched $40m in debt funding for the development of its Sissingué gold project in Côte d’Ivoire just under two years after...
Margin pressure grips SA gold mines as rand stands strong
THE volatility goes on for South Africa’s gold stocks.
After recording fresh 12-month highs mid-way through 2016, shares in the large counters such as...
Holland defends Gold Fields’ multi-billion rand project pipeline
A FEATURE of Gold Fields’ year-end results presentation last month was the degree of development risk the group is taking on in an effort...
Northam picks up Eland from Glencore for R175m in cash
NORTHAM Platinum is to buy the Eland Platinum mine from Glencore for R175m in cash, an operation that once formed the vanguard of Xstrata's...