Simmers to cut 1,200 jobs at Buffelsfontein
Simmer & Jack Mines says it may cut almost a third of its workforce at Buffelsfontein mine ahead of the group's merger with Village Main Reef.
Simmers sinks fangs into Village
Simmer & Jack has outraged investors one last time with a dismal set of financial figures, causing a collapse in the share price of new proprietor Village Main Reef.
Gold Fields to meet Peru’s Humala
Nick Holland, CEO of the South African gold producer, says he hopes to schedule a meeting with Peru's new president shortly to "present the group's credentials".
Pan African targets higher profit margins
Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.
Acid drainage claims another shaft
Acid mine drainage in the East Rand Basin has claimed another operation, with Gold One saying it will close its Sub Nigel 1 shaft due to rising water levels.
Most SA gold mines to close in 10 years
Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Aurora liquidators deny bias claims
Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.
Creditors are gunning for Aurora
Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.
Probe Aurora and Motala: Cosatu
Trade union federation Cosatu says the politically-connected Aurora Empowerment Systems and the liquidators of Pamodzi Gold need to be investigated.