Hostility grows over First Uranium deals
More First Uranium shareholders have indicated their opposition to the sale of
the company’s key assets, with some saying a bankruptcy process will serve
their interests better.
Gold Fields shortens KDC’s estimates
Gold Fields’ Kloof-Driefontein complex on the West Rand, one of the country’s
largest gold mines, will be exhausted by 2028.
Renova “offers $80m for Ezulwini’
UPDATED: First Uranium confirms Renova's offer. Russia’s Renova is said to be bidding $80m for First Uranium’s Ezulwini, trumping Gold One International’s earlier offer by $10m.
Renova in rival bid for Ezulwini – report
Russia’s Renova group has made a joint counter-bid for First Uranium’s
Ezulwini mine, Bloomberg reported on Friday.
Another blow for First Uranium shareholders
First Uranium’s shareholders will have to accept a smaller than previously
announced payout when the proposed sale of the group’s key assets is
completed.
Gold Fields increases Chucapaca investment
Gold Fields has increased the initial investment for its Peruvian Chucapaca project to
$1.2bn, the company's vice president for South American tells Reuters.
Grootvlei’s tailings dams still up for sale
Gold One International and Goliath Gold’s acquisition of the majority of
Pamodzi Gold’s East Rand assets did not include the historic gold dumps
situated on the properties.
Neal Froneman snaps up Grootvlei
UPDATED: Neal Froneman’s Gold One International and Goliath Gold have
confirmed the companies would acquire the liquidated Pamodzi Gold’s East
Rand assets for R70m.
Gold Fields output stays flat
Gold Fields has reported first-quarter production figures of 827,000 ounces, largely flat compared to Q1 2011's 830,000oz.
Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.