Wits Gold is an “opportunity” for Sibanye
Wits Gold could provide an opportunity for Sibanye Gold, the firm created after Gold Fields unbundled its mature South African mines.
AngloGold investment grade upheld by S&P
AngloGold Ashanti said it diverse geographic base contributed towards maintaining an investment grade rating of its debt following a review by S&P.
The rollercoaster career of Neal Froneman
Neal Froneman, CEO-designate of Sibanye Gold, is back on top in a career where the quality of the highs are only matched by the depth of the troughs.
All eyes on AngloGold as next unbundling candidate
Shares in AngloGold Ashanti rose in Johannesburg after Gold Fields unveiled plans to unbundle its SA assets, a strategy analysts said AngloGold may visit.
Gold Fields plans 5-year South Deep return
Gold Fields CEO, Nick Holland, said that income of R6.5bn a year would help pay back the R35bn in total investment in South Deep within five years.
Gold Fields unbundles SA mines, creates Sibanye
Gold Fields is to unbundle its South African mines creating a 1.4 million oz/year producer listed on the JSE and led by former staffer, Neal Froneman.
Sibanye Gold’s Froneman demurs on ‘pac-man’ deals
Neal Froneman, CEO-designate of Sibanye Gold, may look at acquisitions, but his goal was to build in Sibanye a company attracting Asian investors.
Gold Fields warns of fourth quarter strike pain
Only a portion of lost production owing to strikes had been accounted for in the September quarter, Gold Fields said which also warned of imminent restructuring.
Harmony deplores deaths at Kusasalethu
Harmony Gold's Graham Briggs said deaths at the company's Kusasalethu mine on the west Rand was related to inter-union rivalry.
Renowned gold bull flies to defence of Wits Gold
Media-shy chairman of Wits Gold, Adam Fleming, says he will buy shares in the firm, the valuation of which was "anomalous".