Gold Fields warns of gold output downgrades
Gold Fields said production would be no higher than 3.4 million oz and could fall lower as supply disruptions took hold, but it would not compromise on its position as a high yield gold payer.
Naive to think labour ructions isolated: Holland
Gold Fields CEO, Nick Holland, said labour unrest on the country’s platinum
mines was a national issue and suggested the labour landscape was changing.
Village Main’s Buffels may get the chop
The future of Village Main Reef’s Buffelsfontein mine is once again up in the air
following an announcement that the group has embarked on a review of the
viability of the mine.
Manica won’t pay for Pan African’s Evander deal
Pan African Resources says it will soon announce final details on the spin-off of
its Manica project in Mozambique, but the proceeds won’t go towards payment
for Evander.
AngloGold “steady as she goes’
IT'S a difficult time to be a gold company CEO; yet AngloGold Ashanti’s Mark
Cutifani cannot be accused of overpaying for assets or running behind time with
project delivery.
Gold, SA mines a fillip to Harmony’s financials
Harmony Gold’s South African operations have delivered the goods for the
group, enabling the company to make mint of the higher gold price during the
past financial year.
Barrick considers sale of African offshoot
Barrick Gold, the Canadian gold miner, is considering selling its 74% stake in African Barrick Gold following that company's poor performance, according to a report in the Financial Times.
China Gold in bid for $2.5bn African Barrick
Barrick Gold Corporation confirmed it was in talks to sell its 73.9% stake in
African offshoot African Barrick Gold with China National Gold Group.
Briggs “stunned’ over Wafi-Golpu finance queries
Harmony Gold Mining Company CEO Graham Briggs says he is astonished about
the scepticism the group is facing over its ability to finance the future
development of Wafi-Golpu.
Paulson, Soros lift gold holdings as metal falls
Billionaire investors John Paulson and George Soros both lifted their stakes in
exchange traded fund, SPDR Gold Trust, in the June quarter - even though gold
shed 4% during the period.