Sibanye-Stillwater confirms 7,000 employees cut at Cooke
SIBANYE-Stillwater said it had completed a restructuring process at its Cooke gold and uranium shafts on the West Rand cutting a total of 6,976...
NUM to stage mass meeting at Cooke as Sibanye readies axe
SOUTH Africa's National Union of Mineworkers (NUM) is to hold a mass meeting at Sibanye-Stillwater's Cooke shafts, west of Johannesburg, on November 1 after the...
SA gold’s 23% AISC lift in H1 2017 easily outstrips rest...
THE cost of mining gold in the first half of 2017 was comfortably the most expensive in South Africa than anywhere else in the world...
Acacia readies for Barrick deal in 2018, stands firm on tax...
ACACIA Mining acknowledged a statement from 64.9% shareholder, Barrick Gold, on October 25 that a proposal for a new relationship with the Tanzanian government...
Pan African raises alarm as criminal group runs riot at Elikhulu
THE construction of Pan African Resources' (Pan African's) R1.7bn Elikhulu surface gold project is being put at risk by a "criminal grouping" which has...
Gold Fields stages Q3 recovery, but South Deep to miss target
GOLD Fields responded strongly to the previous quarter's operational setbacks staging a $152m positive swing in cash flow during the third quarter, and nibbling...
Analysts would prefer AngloGold divorce from SA, but is that wise?
THE purchase of the Moab Khotsong gold mine in South Africa's Vaal region for about R4bn is primarily a Harmony Gold story, but attention...
Acacia unveils blueprint for cash in teeth of Tanzania crisis
ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a...
Barrick inks 50/50 deal with Tanzania, pays $300m in goodwill
BARRICK Gold has agreed to share equally the "economic benefits" generated by the mines of its 63.9%-held listed subsidiary, Acacia Mining, with the Tanzanian...
Steenkamp styles Moab deal “a new ball game” for Harmony
FIRST on Harmony’s do-list following the handover of AngloGold’s Moab Khotsong mine in the Vaal River Region will be an analysis on how it...