Wits Gold delivered on a plate to Sibanye
At the end of the day, Wits Gold just ran out of cash and avenues to raise more effectively presenting itself on a plate to Sibanye Gold.
Fleming to reinvest funds in Sibanye Gold
Adam Fleming, chairman of Wits Gold, said Sibanye Gold's Neal Froneman had the "energy and power" to bring about the "ultimate consolidation" of the SA gold industry.
Sibanye in R400m knockout bid for Wits Gold
Neal Froneman, CEO of Sibanye Gold, has finally swooped landing a R400m blow for struggling gold exploration and development company, Wits Gold.
VMR unmoved by fresh Tau Lekoa bid
Renewed attempts to prise Tau Lekoa from Village Main Reef has left CEO, Ferdi Dippenaar, unimpressed.
Holland declares he’s right man for Gold Fields
Nick Holland, CEO of Gold Fields, said he did not intend going anywhere and that the group would pay a dividend and that South Deep would deliver.
Gold Fields in flux despite return to profit
Gold Fields clawed itself to profit in the September quarter, but the group is selling assets, closing others, and awaits the outcome of the SEC investigation.
Three crumbs of comfort for gold and its bulls
Clearly the gold price is under pressure. But two lessons from history, and a forecast of the future may give gold bulls some cheer.
Harmony restores that profitable feeling
Yet the gold miner operates under wafer-thin margins which has put the onus on more cost-cutting and getting stalwart mines to perform to their best.
Sibanye, Harmony swap Free State gold
Sibanye Gold and Harmony Gold made good on long-standing proposals to swap gold resources in the Free State in a parcel of non-cash deals.
Randgold relying on cash to fund growth
Mark Bristow, CEO of Randgold Resources, said the firm would not use its $200m facility as cashflows were sufficient to fund growth if gold stayed above $1,000/oz.