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Sibanye stays axe over Beatrix West

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Sibanye Gold stayed the axe over two-thirds of the 3,000 employees potentially affected by restructuring at its Beatrix mine in the Free State province.

Wits Gold bullish on rights offer success

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Wits Gold said in the current depressed market assets were cheaper than ever, and that shareholders would support a capital raising to buy such an asset.

Amcu weighs centralised gold wage talks

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Joseph Mathunjwa, Amcu president, said his union may join the Chamber of Mines in centralised wage talks for members in the gold industry.

SA gold wage talks kicked off by NUM

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The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.

SA shares choked as gold may test $1,300/oz

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Problems with "SA Inc", and gold price weakness, turned the heat up again on the country's gold shares which continued to slide.

Village pulls plug on Buffelsfontein, finally

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Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.

AngloGold’s Venkat sets out stall in strong debut

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AngloGold Ashanti CEO, Venkat, sought to impose his own style of leadership at the group saying profits would not be sacrified for production growth.

Headwinds put Gold Fields on back foot

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Gold Fields was in capital preservation mode as it cut exploration expenditure and suffered the effects of lower March quarter gold output at nearly all its operations.

AngloGold picks Venkat as restructure beckons

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Srinivasan Venkatakrishnan has been appointed CEO of AngloGold Ashanti amid huge pressure on company margins that analysts say will inevitably lead to a group restructure.

Congo army said to be smuggling gold

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Congolese army officials were allegedly smuggling gold through Burundi to Dubai, according to a report by Global Witness.