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...
Food shortage ends SA’s latest mine ‘hostage drama’
THE latest underground 'hostage drama' at a precious metals mine in South Africa was nearing its conclusion after workers started to return to surface.
EWN,...
Hummingbird shores up balance sheet with $30m placement
HUMMINGBIRD Resources on Thursday took steps to shore up its balance sheet announcing terms of a $30m share placement with institutions, led by investment...
Sibanye-Stillwater secures 45% of SA renewable power target
SIBANYE-Stillwater said it had procured 178MW of renewable power from two projects taking total wind and solar power supplied to its South African mines...
Blyvoor Gold valued by US-listed takeover partner at $425m
RIGEL Resource Acquisition Corporation, a New York-listed 'blank-check' company was in talks to combine with South African gold miner Blyvooruitzicht Gold Mining (Blyvoor Gold),...
Gold surges to high but risk of short-term pull back
THE gold price surged to its highest level since the Covid pandemic amid growing expectations for US rate cuts early next year. This was...
Sibanye-Stillwater to retrench 575 from SA gold operations
SIBANYE-Stillwater is to retrench 575 employees, mainly from its Kloof 4 shaft, in an effort to stem losses at its South African gold mining...