Pan African raises confidence in higher end of 2024 gold target
PAN African Resources increased forecast production for its 2024 financial year to between 180,000 to 190,000 ounces following a strong showing in the first...
Sibanye-Stillwater unveils $500m bond to finance expansion
SIBANYE-Stillwater is to issue $500m in convertible bonds which it will use to finance the recently announced $155m acquisition of recycling operations in the...
Blyvoor Gold says underground protest over after declared illegal
BLYVOOR Gold said today an underground sit-in at its mine by "a minority of employees" had ended after the Labour Court declared the protest...
Tensions brewing at Blyvoor Gold were miners stage sit in
TENSIONS are brewing at the Blyvoor Gold mine on the West Rand near Carletonville where more than 800 workers have staged a sit-in underground,...
Gold Fields says progress “slower than expected” on AngloGold JV
GOLD Fields said it was taking longer than expected to conclude an agreement to form a joint venture with AngloGold Ashanti on adjacent mines...
Harmony Gold to delay Eva Copper project as seeks new permits
HARMONY Gold said it expected "a bit" of slippage on its Eva copper project after saying earlier this week permit authorisations would take "longer than...
Harmony Gold opens 2024 with barnstorming performance
HARMONY Gold kicked off its 2024 financial year in barnstorming fashion reporting today first quarter operating free cash of R3.2bn – nearly four times...
Gold One suspends mining at East Modder amid signs of renewed...
GOLD One suspended mining operations at its Modder East facility in Springs on Thursday after threats of more protests, said BusinessLive.
The mine’s management initially...
Sibanye-Stillwater bulks up US recycling with $155m Reldan deal
SIBANYE-Stillwater has spread its global net further afield after announcing today the $155.4m (R2.89bn) acquisition of a US metals recycling business which has joint...
AngloGold to adopt new mining method at Obuasi after output falls
ANGLOGOLD Ashanti said it would change its mining method at Obuasi after the Ghana mine produced a disappointing third quarter performance.
The mine's gold production...