Fifteen miners rescued after ground collapse at Zimbabwe’s Redwing
FIFTEEN 'subsistence' miners trapped in an underground shaft at Redwing mine in Zimbabwe after it collapsed on January 4 were rescued on Sunday.
Reuters reported...
Central banks key to stamping out global scourge of illicit gold
ILLEGAL mining, especially in gold, is not unique to South Africa. Billions of dollars in illegally mined gold has been sold to traders in...
Cockerill takes helm at Endeavour after CEO dismissed for “serious misconduct”
ENDEAVOUR Mining announced Ian Cockerill would take over running of the company after firing its CEO of seven years Sébastien de Montessus for "serious...
Gold Fields says miner killed underground at South Deep
MIKE Fraser's tenure as CEO of Gold Fields couldn't have gotten off to a worse start after the company today said a miner had...
Shanta Gold board gives support to $141m all cash takeover offer
TANZANIAN gold mining company Shanta Gold said in December it had received a $141.95m all-cash takeover offer effectively taking the company private.
The offer, equal...
West African Resources draws down on first $100m Kiaka loan
WEST African Resources said it had drawn the first tranche of a $265m loan secured from investors for its Kiaka Gold project in Burkina...
Gold Fields orders review of Salares Norte amid new delays
GOLD Fields has announced a review of its Salares Norte project in Chile amid a fresh round of production revisions.
The Johannesburg-headquartered firm said on...
Gold Fields to sell 45% stake in Asanko for $170m
GOLD Fields is to sell its 45% stake in Ghana mine Asanko to joint venture partner Galiano Gold, a Toronto-listed firm, for $170m.
An upfront...
Sibanye-Stillwater’s Froneman prepared to intensify restructuring
SIBANYE-Stillwater was prepared to increase its cost cutting exercises were current commodity prices to persist or worsen.
Speaking to BusinessLive, the precious metal miner's CEO...
SA Govt’s plan to unleash army on illegal mining is doomed
SIBANYE-Stillwater’s Neal Froneman has more reason than most to want crime and corruption in the mining sector tackled. The precious metals miner, of which...