CoM confirms NUM pondering 8% wage offer
The Chamber of Mines said the union was weighing an offer but plans for a profit share system had been rejected.
Sibanye’s Kloof resumes mining, talks continue
Operations at Sibanye Gold had returned to 80% of planned capacity after workers at Kloof resumed production amid signs of a wage entente with unions.
Pan African, Village agree 8% wage lift
Pan African Resources' Evander Mine and Tau Lekoa owned by Village Main sign up to 8% and 7.5% wage lifts with the NUM providing insight into discussion progress.
Gold firms mull lock-outs as wage talks fail
Gold producers say wage talks had stalled after 30 days of arbitration with both unions and companies threatening to bring production to a halt.
SA firms table ‘final’ wage offer as gold ticks up
South African gold producers tabled a 6.5% two-year wage increase for entry-level workers - an offer that comes against another uptick in the gold price.
AngloGold balance sheet “a moving picture”
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, said the group's balance sheet remained "a moving picture" evidenced by the relaxation of its convents last week.
Silver lining provided by DRDGold
DRDGold has long retired its Roodepoort Rocket preferring a more pedestrian profile that nevertheless is delivering returns to shareholders.
Holland extends Gold Fields’ transformation
Nick Holland's transformation of Gold Fields has been extended well beyond the unbundling of its SA assets by dint of the gold price.
Sibanye issues R1.2bn in shares for Cooke
Sibanye Gold will offer 17% of its stock for 260,000 ounces a year from Gold One International's Cooke operations on the West Rand.
Opaque gold retains power to perplex
The world's gold leaders remain as vulnerable to the gold market as ever as they repeatedly fail to read a deeply occluded market.