Lenders loosen Sibanye Gold R6bn debt leash
Lenders to Sibanye Gold say the firm can pay an interim dividend provided it has agreed wage increases with unions that include AMCU and NUM.
Gold Fields to recoup lost Ghana output
Gold Fields said it hoped to produce as much as 1.9 million ounces this year as guided but second quarter all in costs are worryingly close to the dollar gold price.
Time to temper gold’s bearish prospects?
Gold has had a meat hammer taken to it, but perhaps the time has come to acknowledge that while the outlook must be bearish, the metal has been oversold.
Failure at Burnstone will ruin Wits Gold: Kotze
The stakes couldn't be higher for Philip Kotze, CEO of Wits Gold, who said a R72m bid for Burnstone was the first steps to generate cash for shareholders.
Gold firms take scalpel to head office costs
Hundreds for management jobs in South Africa's gold mining sector have been cut in the second quarter as prospects dim.
UK gold explorers crying into their teacups
It's no fun being a gold exploration firm seeking capital at a time when the market is fleeing from anything connected with the yellow metal.
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.