Pan African slashes net debt R251m
Pan African Resources slashed net debt and would pay a R210m dividend by accessing its R800m revolving credit facility.
Pan African will protect rights in IFM rescue
Cobus Loots, CEO of Pan African Resources, said he would protect the firm's contract to treat the tailings of International Ferro Metals now in business rescue.
Steenkamp crazy to have taken Harmony job?
Harmony's Graham Briggs insists the firm is in good shape, but analysts think his successor, Peter Steenkamp, has a job of work on his hands.
Gold Fields in Damang recap poser
Gold Fields produced a solid quarter as its Australian assets showed up, but the re-engineering of South Deep and the future of Damang weigh.
Safety blunders smack AngloGold SA output
AngloGold Ashanti took its eye of the ball in the September which resulted in five fatalities and a loss of gold production.
SA gold wage deal was bitter-sweet: Venkat
Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, said the recent gold wage settlement was not what the industry wanted, but it had upside as well.
Harmony to zap R2.7bn debt pile in two years
Harmony Gold hopes to be debt-free when it sets about funding its Golpu project in about two years time.
Randgold “still scrambling” at Obuasi
Randgold Resources CEO, Mark Bristow, said it was impossible yet to call whether the UK firm would take on the joint recapitalisation of AngloGold's Obuasi.
AngloGold ordered to reinstate 579 AMCU workers
AngloGold is studying its options after the Labour Court said it should reinstate more than 500 workers unfairly dismissed at its Moab Khotsong mine.
AMCU gold strike could sound NUM death-knell
Don't be surprised if the once mighty National Union of Mineworkers collapses completely within the next six months as it battles AMCU.