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.
Trying times for ‘hunkering down’ VMR
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
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
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
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
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'.
AngloGold cuts dividend in $482m savings drive
AngloGold Ashanti said it would cut the second quarter dividend as it slashed corporate, exploration and capital costs amid a 25% gold price dive.
Randgold ‘revisit’ to net debt will be brief: Bristow
But bringing Kibali into production was the key task of Randgold Resources for the remainder of the financial year as analysts fretted over the firm's balance sheet.
AMCU could halt gold sector central bargaining
The Association of Mineworkers & Construction Union has upped the ante with the Chamber of Mines saying it is opposed to central bargaining in the gold sector.