Harmony to target debt before deals; rules itself out of Acacia
HARMONY Gold had prioritised paying down debt among its capital allocation plans, but said that once it had achieved this - probably by the...
Sibanye employees attacked amid illegal strike at Cooke
FOUR employees of Sibanye Gold were injured, two seriously, following illegal industrial action during the night shift on October 3 at the firm's Cooke...
Safety audits underpin dysfunctional DMR, industry relationship
ANGLOGOLD Ashanti CEO, Srinivasan Venkatakrishnan, came up with an interesting illustration of how the increasing number of safety audits conducted on South Africa’s mines...
Is it viable to decriminalise South Africa’s zama-zamas?
ONE interesting development to come out of the latest illegal mining disaster in which miners - ‘zama-zamas’ – were killed at Langlaaate near Johannesburg...
Jan Nelson quits Xtract Resources
Shares in AIM-listed junior Xtract Resources have sunk to all-time lows after two body blows in the departure of charismatic CEO Jan Nelson and the decision...
Watch gold run if Donald Trump wins says Mark Bristow
The outcome of the US presidential election could provide a further boost for gold but Randgold Resources (Randgold) will achieve a position of financial...
Mark Bristow lambastes Ghana as a mining destination
Randgold Resources walked from a proposed joint venture with AngloGold Ashanti on the Obuasi mine in Ghana because of a combination of technical mining...
SA gold juniors starting to stir again as gold price recovers
THE one quarter improvement in the dollar gold price this year - but only about 14% in rand terms – has brought the metal’s...
Panaf registers record R300m payout, weighs new gold mine
PAN African Gold (Panaf) is to pay its largest final dividend yet of R300m, a 42% increase on last year's payout following a strong...
Sibanye’s Froneman calls for SA president Jacob Zuma to quit
SIBANYE Gold CEO, Neal Froneman, believed it was time for South African president Jacob Zuma to relinquish power as governance issues were deterring investment.
In...