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AngloGold CEO warns on SA gold mines future

The South African gold mining industry risks going the same way as the failed Obuasi mine in Ghana if a new approach to setting wages is not reached.

Cadiz and Peter Skeat working on Blyvoor resurrection

Cape Town financial institution Cadiz Corporate Solutions is spearheading the raising of US$70m to start two mining projects – one surface and one underground...

Curtain falls on Mzi Khumalo’s Zimbabwe gold exploits as files for...

THE curtain has fallen on South African mining entrepreneur, Mzi Khumalo's Zimbabwean gold mining exploits after Metallon Corporation subsidiaries, Mazowe Mining Company and Goldfields...

All eyes on gold majors’ numbers

The strong rand is expected to erode the benefit of the rise in gold's dollar price for SA’s top three producers - scheduled to report third-quarter earnings in November.

Better days still ahead, says Briggs

Harmony Gold investors will have to be patient a little longer before the significant investments in the group’s growth assets start to deliver output and income growth.

Gold One confident on year-end metal target

Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.

Pan African shares surge

Pan African Resources hit a new 12-month high on the JSE on Friday following the announcement that the Phoenix platinum project should be in full production by the end of next year.

AMCU suspends strike as Sibanye calls in all unions for talks

THE Association of Mineworkers & Construction Union (AMCU) suspended a strike at the operations of Sibanye Gold at the eleventh hour after entering into...

Froneman sets out Rand Uranium strategy

Gold One aims to more than double its gold output with the purchase of Rand Uranium, saying it will prioritise gold before developing any uranium assets.

Randgold maintains production outlook

Randgold Resources CEO Mark Bristow reckons the group's gold production will remain with 5% of his original forecast for 2010 despite the problems at the Loulo mine in Mali.