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AngloGold balance sheet “a moving picture”

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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

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DRDGold has long retired its Roodepoort Rocket preferring a more pedestrian profile that nevertheless is delivering returns to shareholders.

Holland extends Gold Fields’ transformation

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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

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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

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The world's gold leaders remain as vulnerable to the gold market as ever as they repeatedly fail to read a deeply occluded market.

Trying times for ‘hunkering down’ VMR

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Prior to his resignation, Bernard Swanepoel, CEO of Village Main Reef, said the next year would be one of survival for the company.

Harmony confirms Golpu to be repositioned

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The Wafi-Golpu project would be smaller and expandable as Harmony Gold joined in the austerity push currently being undertaken by the world's gold mining industry.

Sibanye declares turnaround strategy intact

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Sibanye Gold has targeted 1.35 million ounces in annual gold production and says it is starting to see a turnaround in mines previously earmarked for harvesting.

CoM to pop wage dispute with profit share

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The Chamber of Mines has now lifted its basic pay offer 1.5% to 5.5% for gold industry members to which it has added a profit share mechanism.

Gold CEOs call on unions to help repair relations

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Two of South Africa's most prominent gold mining CEOs have called on unions to repair their fractious relationship described by one as the broken 'circle of trust'.