No nationalisation, says Gold Fields
Gold Fields CEO Nick Holland remains confident that nationalisation will not happen, although he concedes it is increasingly worrying foreign investors.
Write-down hurts Aquarius Platinum
A strengthening in the value of the rand, and non-cash write-downs at its Blue Ridge operation, took Aquarius Platinum to a full-year net loss despite better production and higher revenue figures.
Mponeng operations halted after fatality
An AngloGold Ashanti worker has been killed at the Mponeng mine after a seismic event, bringing mining operations to a halt in the affected area.
Aurora stuns with R15m refund claim
Aurora Empowerment Systems has stunned unions and drawn the anger of liquidators, saying it should be refunded for losing its preferred bidder status of the Pamodzi Gold assets.
Doubts remain over gold shares
The rand price of gold has risen close to 30% since January, yet analysts are unsure whether higher margins will rally local gold equity prices.
Gold fixes sights on $1,800
The resurgence of equities in Johannesburg, following a similar movement in the US yesterday, would do nothing to dampen gold's popularity.
ArcelorMittal furnace out of action
ArcelorMittal SA says a furnace at its Newcastle plant has failed and will be out of service for the next two months.
Big concern over Namibia’s mining tax plans
The Namibian government’s proposals for additional taxes on mining may shake the foundations of the country’s industry, say sector players.
Gold marks time; more gains predicted
While gold hovers near a lifetime high, traders say the Federal Reserve’s promise to keep interest rates low should benefit the precious metal.
Uranium One profit soars
Uranium One has posted a more than five-fold increase in profit, as the company boosted production by 33% and was paid more per pound of uranium sold.