DRDGOLD suffers 18% q-on-q knock in first quarter ebitda
DRDGOLD reported an 18% knock in first (September) quarter ebitda which came out at R365.8m despite increasing production 5% to 41,281 ounces.
In a comparison...
Hundreds of East Modder mineworkers return to surface
SOME miners have emerged from the underground workings of Gold One's Modder East mine where more than 500 have been held underground since Sunday.
At...
Perseus raises prospect of special dividend after cash flourishes
PERSEUS Mining increased cash and bullion to $594m at the close of the September quarter which CEO Jeff Quartermaine said boosted the firm's chances...
Over 500 miners held hostage underground at Springs mine
AN estimated 543 miners are being held hostage in an underground gold mine in Springs, east of Johannesburg by the Association of Mineworkers &...
Lily Mine collapse a failure of Govt. to tackle illegal mining
AN INQUEST into the 2016 Lily Mine disaster, in which three people were killed after a catastrophic collapse of ground at the Mpumalanga operation, was...
Centamin says Sukari production to rise in 2024
EGYPTIAN gold miner Centamin has targeted gold production of between 470,000 to 500,000 ounces for the 2024 financial year which it hoped to mine...
What does Mike Fraser as CEO mean for Gold Fields?
GOLD Fields has a new leader. But much to the market’s relief, strategy is not expected to change. Mike Fraser, a former BHP and...
Centamin lifts Sukari’s life of mine gold output
CENTAMIN today published a new mine plan for its Sukari gold mine in Egypt in which production would average 506,000 ounces a year for...
Gold Fields CEO-designate keen to bring junior mining opportunities
GOLD Fields CEO designate Mike Fraser said he hoped to bring his recent experience as CEO of a junior gold mining firm to the...
Gold Fields says former South32 COO Mike Fraser to be new...
GOLD Fields announced that former South32 executive Mike Fraser would be its new CEO, effective from January 2024.
In order to ensure a seamless takeover,...