Harmony overhauls Golpu project
Harmony intends developing the Golpu mine in Papua New Guinea as a smaller, higher-grade operation which will deliver higher profit margins.
Harmony to douse Kusasalethu cash burn
Harmony Gold is to cut production its cash haemorraghing west Rand mine, Kusasalethu as restructuring intensifies in the South African gold industry.
Acacia talks up growth as opens new chapter
Brad Gordon, CEO of Acacia Mining, said the company was seeking M&A while assets were cheaper than ever before.
Gold Fields says AngloGold mine is interesting
Gold Fields identified AngloGold Ashanti's Ghana mine Iduapriem as an example of an asset in which it might have an interest in acquiring.
CRG attracts $148m rival bid from Chinese
In one of the most unusual bidding wars in Johannesburg's gold sector for years, two Hong Kong firms will bid up to $150m for troubled miner Central Rand Gold.
Gold Fields in R688m tax dispute with SARS
A creditable operating performance in the third quarter by Gold Fields was drowned out as another legal tussle is added to the group's corporate struggles.
AngloGold demerger may be revisited
AngloGold may have set the ball rolling on cost-cutting in South Africa, but further out, mine closures and even more profound restructuring may be required.
Sibanye restructure held up by commission
Sibanye Gold will first have to prove to the Competition Commission that it is not in contravention of a two-year moratorium on job losses owing to the merger with Cooke assets.
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.