Promise for South Deep as Gold Fields tracks 2016 output target
GOLD Fields will keep the gold industry's feel-good factor pumping when it reports a 14 US cents increase in interim share earnings next month....
Dividends on agenda despite Harmony’s debt, capital ‘priorities’
ONE of the painful lessons learned by the mining sector since the collapse of the commodity market has been the importance of using cash...
Harmony hedges 20% of gold as eyes task of building Golpu
HARMONY Gold has hedged a fifth of its gold production for two years - equal to about 432,000 ounces - as it seeks to...
‘Era of uncertainty’ sends gold into new bull phase
IF there’s one thing that can be said for gold, it’s that it never wastes a good crisis.
The last time bullion was at current...
Light at the end of the tunnel for silicosis victims
IT has been a difficult year for the mining industry insofar as health and safety has been concerned, but the tide is turning for...
“We’re ahead at South Deep for first time since I can...
NICK Holland has received a few knocks in his eight years as CEO of Gold Fields including an investigation by the US Securities Regulation...
Sibanye may shut Cooke 4 as losses put complex at risk
SIBANYE Gold has raised the prospect of closing its Cooke 4 mine and Ezulwini gold and uranium processing plant, west of Johannesburg, which was...
M&A ‘flurry’ in Africa mirrors gold’s new found popularity
THE improvement in the gold price has precipitated a flurry of merger and acquisition activity in the sector, especially in Africa – a development...
Resolute to lift Syama output 25% to 250,000 oz
AUSTRALIAN-listed gold producer, Resolute Mining, has approved the $95m extension of its 80%-owned Syama gold mine in Mali which will increase production a quarter...
High flying AngloGold redeems $471m in 2020 bonds
HIGH flying after a 22% recovery in the dollar gold price this year, AngloGold Ashanti has cancelled $471m in debt through the early redemption...