SA gold sector in danger of self-destruction
South African gold producers, like their global counterparts, are not moving quickly enough to ensure the survival of the sector, say company executives.
Auramet makes case for hedging gold
Even in today's gold bear market, the idea of hedging gold is rejected by miners, but shouldn't risk protection have some place?
DRDGold caps off recovery with 10c dividend
DRDGold completed a highly satisfactory financial year paying shareholders a 10 cents per share dividend and may now consider a share buy-back.
Sibanye would hike debt R9bn to fund future
Neal Froneman, CEO of Sibanye Gold, said he would take debt to R10bn from the current R1.7bn in a combination of organic and acquisition growth opportunities.
AngloGold Ashanti to buy back $810m in bonds
AngloGold Ashanti is looking to save up to $69m in interest charges over the next year through buying back its outstanding 8.5% bond issue early.
Treating acid mine drainage will cost R8 billion
It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.
Gold Fields on a recovery track
Gold Fields returned to profitability in the June quarter and is fortunate that its foreign operations can compensate for more lost production at South Deep.
Harmony on track despite losing top executives
Harmony's key strategy is to get the value of the Golpu project reflected in the share price according to departing CEO Graham Briggs
Harmony seriously at risk to a long strike
Harmony CEO Graham Briggs says his group is seriously at risk from a long strike given its financial situation and dependence on South African operations.
AngloGold hangs tough on wage negotiations
AngloGold CEO Srinivasan Venkatakrishnan has made it clear his group is in a strong position if it comes to a strike because of its foreign operations.