Caledonia Mining striving for “premium rating”
By its own admission, Caledonia Mining has under-performed lately, but a $70m expansion and production stability may win it credibility with new investors.
Zim CoM warns gold miners forced to shut
Zimbabwe's Chamber of Mines warned gold miners may shut down owing to a string of difficult operating conditions including taxes, royalties and rule changing.
Sibanye sticks to 1.67m oz output target
Sibanye Gold saw a hefty 31% slide in March quarter output - and a worrying decline in its margin - but said gold production would recover throughout the year.
Tribunal gives nod to Sibanye Cooke 4 restructure
South Africa's Competition Tribunal approves the restructure of Cooke 4 by Sibanye Gold which said it could now derive a R50m profit from the asset.
SA gold miners wrestle with housing targets
South African gold miners spent R1.5bn improving living conditions for employees but it's not enough for the government which believes the sector has failed.
Gold miners in re-think as investors bristle
Lawsuits brought by shareholders against gold companies is one manifestation of the need for the world's miners of the metal to restructure.
Gold Fields agrees 10%, 3-year wage lift
Gold Fields is to pay an average 10% a year wage increase to 3,500 employees at its South Deep mine for three years.
DRDGold BEE practical, but not a precedent
Niel Pretorius, CEO of DRDGold, said the government's approval of the firm's BEE transaction at Ergo was a practical outcome, but it did not set a precedent.
Holland defends gold reserves assumption
Gold Fields CEO, Nick Holland, insists a $1,500 per ounce assumption for calculating the group's gold resources is sensible.
AngloGold prepares to sell US, Mali mines
AngloGold Ashanti is to sell part or all of its stake in its US mine Cripple Creek & Victor and was weighing a bid for its share in Yatela and Sadiola.