Gold Fields’ Muller says South Deep ‘dysfunctional’
Newly appointed VP of South Deep, Nico Muller, delivered a withering appraisal of South Deep's management and engineering track-record.
Acacia targets higher dividend for 2015
Acacia Mining unveiled a 40% increase in its total dividend for the 2014 financial year and said the payout may be increased this year as a percentage of cash flow.
Sibanye halts Beatrix as NUM, AMCU clash
In an ominous turn of events, nine employees were injured at Sibanye Gold's Beatrix mine after rival union members clashed.
Pan African’s Holding retires, Loots steps up
Ron Holding, who is 62, has taken retirement and will be replaced by former Shanduka Resources MD, Cobus Loots.
SA gold share climb supported by rand
South African gold shares hit the ground running this year but analysts believe a weak rand will help them to further ratings improvements.
RioZim chases $10m for gold mine restart
RioZim, an associate of Rio Tinto, is seeking $10m in a rights offer to pay for the reopening of its Cam and Motor gold mining project in Zimbabwe.
Sibanye unveils R50m profit plan for Cooke 4
Sibanye Gold unveiled plans to save jobs at its Cooke 4 section primarily through a new work cycle which will add up to R50m in profits a year.
Sibanye Gold targets 1.67m oz for 2015
Sibanye Gold produced record quarterly output in the fourth quarter taking full-year production to guidance of 1.59 million ounces.
Acid test for DRDGold as Ergo FFG re-starts
DRDGold said its high grade gold re-treatment technology would be re-started by the weekend - a development that will test the virtue of some R600m in outlay.
Acacia surpasses 2014 gold output forecast
Analysts said Acacia deserved to be re-rated as it turned in another solid quarter of cost reduction and gold production increases.