CRG reviews $150m offer from China’s Hiria
Central Rand Gold said it may sell its South African assets for $150m but had decided to suspend underground mining in the short-term.
AngloGold begins fresh round of cost cutting
The National Union of Mineworkers said it had held preliminary talks regarding voluntary separation packages for workers in some categories.
Randgold back in black as debt blitzed
Randgold Resources generated enough cash in the third quarter to pay its RCF and said it was on target to produce a maiden one million ounces in gold this year.
Briggs chides Kusasalethu as ponders change
Harmony Gold said worker attitudes and absenteeism were some of the problems that had to be tackled at its West Rand mine, Kusasalethu.
AngloGold may ‘call’ $1.25bn bond in 2016
The gold firm has targeted debt reduction of $1bn in three years and may buy back its 8.5% 2020 bond. Asset sales seems a nailed-on certainty, however.
Illegal mining forces Harmony to halt mine
Harmony is to shut its Kusasalethu mine for two weeks while it attempts to flush out illegal miners believed to have caused three underground fires in a month.
Sibanye defends 1.6m oz 2014 output target
Sibanye Gold acknowledges 1.6 million ounces in output for 2014 is "a stretch target" but thinks it can be achieved as the Cooke operations build momentum.
DRDGold pencils in 2015 FFG restart
Niel Pretorius, CEO of DRDGold, is confident the firm's high-tech FFG project would restart in January nearly a year after the R600m venture faulted.
Ebola nears AngloGold Guinea mine
The gold producer said there had been no infections of staff and production continued at Siguiri, but there are fears elsewhere the world has responded too late.
Mzi Khumalo’s Metallon Gold on comeback trail
Metallon Gold, the company owned by Mzi Khumalo, is planning acquisitions and growth in Zimbabwe despite the difficulties in operating in the country.