Randgold Resources ready to pounce
Randgold Resources sees an opportunity to make hay from the woes of distressed
exploration juniors in West Africa, saying the current dynamics of the industry may
produce some targets.
AngloGold lifts lid on Mine Waste Solutions plan
AngloGold Ashanti sees itself becoming an annual producer of five million
pounds of uranium after incorporating First Uranium’s Mine Waste Solutions
into its asset portfolio.
Gold Fields may axe 2,384 South Deep jobs
This is the worst-case scenario if the company and the NUM can’t agree on
changes to continuous operations at its West Wits mine, which is aiming for
700,000 oz in run-rate production by 2015.
First Uranium delivers final insult
Shareholders in First Uranium have to endure one last stomach blow as the
company revises down its earlier guidance on distributions from the sale of all
its key assets.
Gold One to hold Ezulwini by end of week
First Uranium says the sale of its Ezulwini mine to Gold One International is on
track, and is expected to be implemented on Wednesday.
Gold One eyes new prime assets
As Gold One International is about to add First Uranium’s Ezulwini to its
portfolio of assets, CEO Neal Froneman says the company may announce more
acquisitions before the end of the year.
Gold Fields suspends Tarkwa heap leaching
Gold Fields said it was seeking reopening of its heap leaching activities at
Tarkwa gold mine in Ghana after offering to build water treatment facilities
there.
Gold mines face radical downsizing
The decline in SA’s share of world gold production is hardly a new phenomenon,
but the prospect of a structural shift in the industry’s composition has swung
into view for the first time.
Buffelsfontein continues to dog Village Main
Buffelsfontein continues to give mining junior Village Main Reef a hard time,
and was the main contributor to the company missing output guidance for a
third consecutive quarter.
Gold protocol to sideline informal miners
The world’s major gold producers seek to draw an iron curtain between their
mines and especially Africa’s enormous, varied informal gold industry.