Blyvoor may shed 12pc of workforce
Record rand gold prices will do nothing for at least 500 workers at DRDGold's Blyooruitzicht underground mine following the group's intention to consider retrenching 12% of the mine's workforce.
CRG loses rights in public blaze
Media were asked to join the mineral resources department as it delivered notice to Central Rand Gold it had lost its mining rights.
Harmony loses miner, rescue team
A miner and the men sent to rescue him were killed at Harmony's Evander mine, the company said today.
AngloGold aims for 5.5 mln oz by 2014
AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.
Gold already 20% down from high
The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.
Gold price spurs drive to get more from dumps
The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.
Gold weakens on dollar rally
Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.
Gold Fields’ Philippine mine to cost up to $2bn
Gold Fields may invest up to $2bn to develop a gold and copper prospect in the Philippines, says a government official, although the company maintains it is far too early for such estimates.
All that glitters is not just gold, say CEOs
Prices for silver are expected to strongly rise due to a worsening economic landscape, mining CEOs say, with some predicting a price of $50/oz within six months.
Workers hurt at DRD’s Blyvoor, says NUM
The National Union of Mineworkers says that a seismic event has rocked DRDGold's troubled Blyvoor mine.