SA parliament warns against Aurora misdemeanours at Optimum
SOUTH Africa's Department of Mineral Resources (DMR) was urged by parliament's Portfolio Committee on Mineral Resources to ensure the activities at the Grootvlei and Orkney...
Anglo’s Cutifani not in favour of increasing Charter equity target
ANGLO American CEO, Mark Cutifani, said he was not in favour of setting higher equity targets in a new Mining Charter as this benefited...
Pan African points to low cost gold amid Evander restructure talks
PAN African Resources, currently involved in restructuring discussions at its loss-making Evander Gold Mines, sought to highlight the upside of its activities, saying that...
SA miners in white knuckle ride as Cyril Spring fires-up rand
IT'S hard for South African miners to catch a break.
Having spent years being penalised for the anti-investment administration of former president, Jacob Zuma, they...
Panaf may save jobs despite NUM 1,722 Evander job loss claim
PAN African Resources (Panaf) played down a statement issued by the National Union of Mineworkers (NUM) on Sunday that it was preparing to retrench...
‘Half-glass empty’ AngloGold boss asks analysts for “a chance”
ANGLOGOLD Ashanti collected a bit of flak from some analysts today for its decision to allocate $500m to the redevelopment of Ghana's Obuasi underground...
AngloGold sanctions $500m spend to reopen Ghana’s Obuasi
ANGLOGOLD Ashanti is to spend up to $500m reopening its Ghana mine Obuasi which will eventually ramp up to 450,000 ounces/year, effectively replacing the...
Acacia exploring “expressions of interest from Chinese”
ACACIA Mining, the gold firm in which Barrick Gold has a 64.9% stake, on Friday confirmed media speculation it was considering a sale of...
Pretorius defends Sibanye deal against claim it was too cheap
THE financial benefits for DRDGold shareholders from the deal struck with Sibanye-Stillwater (Sibanye) to acquire the West Rand tailings retreatment project outweigh the penalty...
Holland concedes lack of leadership key to South Deep failures
TURNOVER in head of operations at South Deep - equal to an average tenor of between 18 months to two years - was a...