Gold Fields’ KDC East ends 23-day strike
Some 8,100 workers were reinstated at Gold Fields KDC East mine after a 23-day
strike at the mine was ended, the company said.
SA’s latest gold ETN strips out rand risk
It’s bad enough trying to forecast gold without having to factor in the effect the rand
will have on your investment, says Investec of its newly-launched gold product.
West Rand Ergo one step closer
Posting an otherwise dire quarterly update on operations, Gold One
International says the scoping study of a proposed surface venture has shown
promising results.
Harmony says Kusasalethu strike nears end
Further evidence that the wildcat strikes that dogged South Africa’s mining sector
are winding up with Harmony saying its Kusasalethu mine had a good turnout this
morning.
DRDGold kicks off new era, aided by rand
A lift in recoveries and rand weakness from the strike contagion helped DRDGold to
a 51% operating profit gain in the September quarter.
AngloGold counts cost of strikes, Obuasi troubles
Third quarter production would come in at 1.03 million ounces, well below guidance
and raising the likelihood of more profound output losses and higher cash costs for
the year.
AngloGold issues strike ultimatum
AngloGold Ashanti has finally issued its striking workforce an ultimatum to return to
work, close to a month after all its SA operations were brought to a standstill.
Gold Fields confirms KDC West strike over
A month-long strike at Gold Fields KDC West mine was confirmed over by Gold Fields
in the early hours of this morning.
Harmony says wage proposal is gaining traction
Harmony Gold CEO Graham Briggs says a proposal originally rejected by unions to
improve wages an average 1.5% by changing job grades was gaining acceptance at
the company’s operating mines.
Randgold’s Bristow warns DRC on code changes
The Democratic Republic of Congo risks damaging returns from its fledgling mining
industry - as does the rest of Africa - if regulatory uncertainty becomes the norm.