Gold Fields to meet Peru’s Humala
Nick Holland, CEO of the South African gold producer, says he hopes to schedule a meeting with Peru's new president shortly to "present the group's credentials".
Pan African targets higher profit margins
Pan African Resources will increase production from its Barberton Mines by 20% through a dump retreatment operation, and also intends improving profit margins by generating its own power.
Acid drainage claims another shaft
Acid mine drainage in the East Rand Basin has claimed another operation, with Gold One saying it will close its Sub Nigel 1 shaft due to rising water levels.
Most SA gold mines to close in 10 years
Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.
Aurora assets to be audited for sale
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.
Aurora liquidators deny bias claims
Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.
Creditors are gunning for Aurora
Creditor are sharpening their teeth for the directors of embattled mining company Aurora Empowerment Systems.
Probe Aurora and Motala: Cosatu
Trade union federation Cosatu says the politically-connected Aurora Empowerment Systems and the liquidators of Pamodzi Gold need to be investigated.
Aurora, Shandong cancel Pamodzi meeting
Both Aurora Empowerment Systems and its potential Chinese investor have cancelled a meeting scheduled with Pamodzi Gold unions and liquidators, says an official.
Tanzanian explorer to list on JSE
AIM-listed gold exploration group Kibo is to list on the JSE's AltX, but is not looking to raise any money at this stage for its five projects in Tanzania.