Union, gold firms resume wage talks
The National Union of Mineworkers hopes to secure a 14% pay increase when it meets gold mining industry representatives in further salary talks, says a senior official.
SA gold output falls
Gold output during the first quarter of this year has fallen 9.3% compared to the fourth quarter of 2010, says the Chamber of Mines.
Gold Fields in $60m loan with Stanbic Ghana
Stanbic Bank Ghana says it has closed a $60m senior revolving loan with Gold Fields' operations in the country.
Village to sell non-core First Uranium stake
Village Main Reef has confirmed its intention to discard the 26% stake in First Uranium it obtained through the acquisition of Simmer & Jack.
Mzi Khumalo crosses the border
Controversial mining magnate Mzi Khumalo is closing shop in South Africa as his main corporate entity goes into final liquidation.
AngloGold takes 11.5% stake in Stratex
AngloGold Ashanti has taken an 11.5% stake in Stratex International, an exploration and development company with mines in Turkey, Ethiopia and Djibouti.
DRDGOLD cuts Blyvoor’s lifeline
DRDGOLD says it will suspend financing of Blyvoor mine and begin with business rescue proceedings to keep the asset operational.
Increase in resouce for Pan African’s Manica
Pan African Resources has reported a significant increase in the mineral resource for its Manica gold project in Mozambique.
State mulls legal action against Aurora
A department of mineral resources official says it is getting advice on whether criminal charges can be laid against Aurora and Pamodzi Gold's liquidators.
Assets of troubled miner for sale
Pamodzi Gold's assets have been put up for sale by its liquidators, according to newspaper advertisements.