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Anglo, AngloGold in R464m out of court silicosis deal

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ANGLO American South Africa (AASA) and AngloGold Ashanti have agreed to pay at least R464m in compensation to miners who allegedly contracted silicosis, a...

Sibanye weighing sub-Saharan gold expansion

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Sibanye Gold reported a heavy decline in earnings for 2015 but a surprise 90c per share final dividend hints at confidence for 2016 amid stronger rand revenues.

Harmony hedges R6.2bn of future gold sales

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Harmony has swapped a degree of unpredictable leverage for surety in the form of a rand hedge over a third of its gold production for the next 12 months.

Panaf plans 25% gold output lift at Elikhulu

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Pan African Resources said it would produce 50,000 ounces of gold from its Elikhulu surface gold project, currently subject to a definitive feasibility study.

AngloGold talks up Obuasi re-opening

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AngloGold Ashanti said it was confident it would find a joint venture partner for Obuasi, its Ghana gold mine currently in mothballs.

Steenkamp coasts into Harmony but perils lurk

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As far as starts go, life couldn't have been more seamless for Harmony Gold's new CEO, Peter Steenkamp. But challenges lie in wait.

Gold Fields targets 30% output lift at South Deep

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Gold Fields is relying on its struggling South Deep mine in South Africa to do more of the heavy-lifting in 2016 as output from its other regions falls.

Optimism grows for extended gold price hike

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Geopolitical risk and interest rate decreases mean gold is back in the news, but unlike previous rallies in 2014 and 2015, this one looks like it could be sustained.

DRDGold enters era of “aggressive” returns

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DRDGold CEO, Niel Pretorius, promised shareholders there was more to come from the gold retreatment firm at current rand gold prices.

Harmony Gold unveils $2.6bn Golpu giant

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Harmony said the first stage of its Golpu project would produce 500,000 gold equivalent ounces at peak production and cost $2.5bn to build on an 100% basis.