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.
Gold Fields in lashing over mine deaths
Deputy Minister of Mineral Resources, Godfrey Oliphant, has singled out Gold
Fields as the biggest contributor to mine deaths in the year so far.
Modder East strike hits Gold One output
Gold One International’s second-quarter production has come in lower than
guidance, mainly due to labour-related disruptions at its flagship Modder East
mine.