Aurora’s Zuma, Mandela granted time
Zondwa Mandela and Khulubuse Zuma and other directors of Aurora Management Systems are expected to get more time as they fight R1.8bn in legal claims.
Sibanye can pay R1bn dividend to 2028
Sibanye Gold CEO, Neal Froneman, is still trying to convince some sceptics that shareholder returns will trump empire-building.
Gold Fields lifts spirits with 20c/s dividend
Bumped and scraped by legal and regulatory events, Gold Fields proved it still has the ability to bring cheer to shareholders paying an interim dividend.
Gold Fields sells Peru’s Chucapaca for $81m
Gold Fields continued to exit greenfields gold projects saying it had sold its Peru venture to joint venture partner, Buenaventura.
Harmony shuts Target 3 to stem cash bleed
Harmony Gold laid into more gold production putting Target 3 on care and maintenance but keeping its full-year output guidance at 1.2 million ounces.
Pressure on as Harmony battles price, inflation
Graham Briggs, Harmony Gold CEO, said 2014 was a tough year for the group hit by fire, a lower gold price and with further restructuring a possibility.
AngloGold takes medicine at Obuasi
The $220m cost of a radical re-think of AngloGold's Ghana mine Obuasi weighed on the group's results as it continues its response to the weaker gold price.
AngloGold quake hit mines to resume
AngloGold Ashanti estimated some 30,000 oz would be lost following the six day closure of two quake-hit mines in South Africa's North West province.
Harmony takes R1.4bn hit on Phakisa
Harmony Gold has discontinued the development of its Phakisa decline project owing to gold price weakness, and will impair the asset for R1.4bn.
Randgold to settle $123m Mali tax claim
Mark Bristow, CEO of Randgold Resources, said the new Mali government had the ability to settle a tax claim while steps were also being made for VAT repayments.