Sibanye cash generating power priced in, say analysts
SIBANYE Gold doubled revenue in the March quarter year-on-year to R6.7bn and cut net debt by more than half owing to an increase in...
Tax charge takes shine off Acacia output lift
Tanzanian gold miner Acacia Mining’s ongoing dispute with tax authorities has seen it make a $70m provision and agree to make forward payments to...
Anglo confirms long-standing CFO Medori to quit
ANGLO American’s finance director, René Médori, will retire when he turns 60 in 2017.
Médori, who has been in his position since 2005, is one...
South Deep provides hope for Gold Fields
Better than expected production results from its South Deep operation in South Africa and a development agreement in Ghana may provide Gold Fields investors...
DRDGold finds long term solution for Ergo
DRDGold increased production by 4% quarter on quarter for quarter to end-March.
It produced 1,187 kilograms, despite a 7% drop in throughput to 5.896 million...
Improved cash flow brings Harmony’s Papua New Guinea dream closer
Harmony Gold Mining Company has freed up cash and at least partially allayed some investors’ concerns that it will not be able to fund...
New “significant” copper-gold drill results for Harmony Gold
Harmony Gold Mining Company has announced "new significant copper-gold drill results" at its Kili Teke prospect in Hela, Papua New Guinea.
The results are more...
KEFI seeks approval for Tulu Kapi $120m finance plan
UK-listed KEFI Minerals said it would submit a $120m finance plan for its proposed 115,000 ounce a year Tulu Kapi Gold Project in Ethiopia...
AMCU suspends strike as Sibanye calls in all unions for talks
THE Association of Mineworkers & Construction Union (AMCU) suspended a strike at the operations of Sibanye Gold at the eleventh hour after entering into...
Sibanye may ice shafts if AMCU strike is well supported
SIBANYE Gold would mine surface ore stockpiles, shut down certain shafts, and operate other shafts on a partial basis if a strike called by...