Sibanye to weigh platinum mines as safety stoppages hit viability
SIBANYE Gold said it was studying the viability of operations held in its newly acquired Aquarius Platinum following the issuance of safety-related stoppages, the...
How could Harmony have got Kusasalethu so horribly wrong?
I am gobsmacked by Harmony Gold’s announcement that it will chop the remaining life-of-mine at Kusasalethu from 24 years to five years through a...
Gold price must improve to incentivise industry recovery: Holland
THE world's gold industry will need the price of its metal to improve further in order to support investment in fresh resources, said Gold...
Section 54s cost SA mines R4.8bn in 2015, and 2016 may...
A REPORT by the Chamber of Mines of South Africa (CoM) estimates the application of safety stoppages - known as Section54s in terms of...
South Deep lifts Gold Fields, but CEO Nick Holland scolds analysts’...
GOLD Fields' shares surged on the JSE this morning - at one stage trading at R87.95 nearly 5% up on Wednesday’s closing price -...
Harmony declares dividend, plots 50%, three-year output growth
HARMONY Gold will pay a 50 cents/share dividend - its first in four years - and in a statement of intent amid a stirring...
AngloGold describes Obuasi invasion as “surreal”
THE situation at AngloGold Ashanti’s beleaguered Obuasi mine in Ghana - which has been invaded by thousands of illegal miners - has stunned management...
AngloGold says mass safety audits debilitate its mines
SRINIVASAN Venkatakrishnan, CEO of AngloGold Ashanti, has added his voice to criticism that the South African government is wrongly applying safety-related audits and checks.
He...
AngloGold to fire up dividend in 2017 as net debt cut...
ANGLOGOLD Ashanti made hay amid an improved gold price and weaker local currencies against the dollar cutting net debt by a third and positioning...
Randgold takes beating, but vows to reach 1.25moz gold forecast
RANDGOLD Resources CEO, Mark Bristow, described the second quarter as "one of the toughest in years", but vowed to catch up on its 1.25...