Lonmin leaks cash in Q1 as low productivity, absenteeism strike
LONMIN'S operational and financial woes deepened in the first quarter of its 2017 financial year in which it said it was losing money and...
Zwane hits back at Sibanye, AngloGold for refusing to obey law
SOUTH Africa mines minister, Mosebenzi Zwane, said he was concerned Sibanye Gold and AngloGold Ashanti were refusing to adhere to the country's laws in...
Endeavour’s gold output guided up to 10% higher in 2017
ENDEAVOUR Mining will produce up to 640,000 ounces of gold in its 2017 financial year while all-in sustaining costs (AISC) would be $860-905 per...
Job cuts at AngloGold SA mines crucial precursor to reinvestment
THE viability of its current operation as well as several projects that would extend the lives of its South African mines partly rested on...
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...
Sibanye clears anti-trust condition as ‘first step’ in Stillwater bid
NEAL Froneman, CEO of Sibanye Gold, described approval of US anti-trust conditions as "an important first step" in its audacious R30bn takeover of Stillwater...
Harmony on course to beat 1.05m oz gold output target
HARMONY Gold was on course to exceed full-year guidance of 1.05 million ounces in gold production after announcing it had produced 8% more gold...
Sibanye to hit DMR with R26m claim for Section 54 stoppage
SIBANYE is to issue South Africa's Department of Mineral Resources (DMR) with a R26m legal claim following the application of a number of Section...
Endeavour likely to call the shots in £3bn Acacia combination
A UK analyst was quoted to have said that the possible combination of Acacia Mining with Endeavour Mining Corporation would be one of those...
Harmony to launch investigation as Kusasalethu returns to work
WORKERS at Harmony Gold's West Rand gold mine Kusasalethu returned to surface last night rather than spend a second a night underground with the...