Can Giyani Gold prosper where many failed?
Gold exploration firms tend to struggle in South Africa. So it's with interest that the JSE welcomes Giyani Gold.
Pan African starts BTRP, sweats on Evander
The low cost Barberton Tailings Retreatment Project was commissioned by Pan African Gold, but it will be sweating on the gold price after the R1.5bn Evander deal.
SA gold sector being remodelled: Holland
Nick Holland, CEO of Gold Fields, believes that the South African gold industry is in the process of forming smaller mines with lower stated reserves and resources.
SA gold firms ‘close to the wire’
Even without factoring in the effects of wage increases, the South African gold industry was teetering on the edge and would be burning cash after capital spend.
AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
Harmony Gold to write down Hidden Valley
The decline in the gold price and the poor performance of Hidden Valley meant Harmony Gold would have to write down a portion of the asset, it said.
Rand helps SA gold firms absorb Eskom hike
Assuming a relatively stable gold price of $1,400/oz, SA gold shares can start to offer some value with the rand weakness already offsetting power tariff increases.
SA golds surge back as rand burns through 10
The rand gold price is now only a shade below the first quarter's average despite a $225/oz decline in the dollar gold price - the results of rand/dollar weakness.
Sibanye stays axe over Beatrix West
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
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.