Home News Page 1193

News

Lower earnings for SA gold mines

0
September quarter results from the main South African gold producers will be down on levels reported for the June quarter, because of cost increases and the impact of the strong rand.

Harmony gets nod for Wafi-Golpu

0
Harmony Gold has obtained approval to start developing its Wafi-Golpu gold project in Papua New Guinea.

Mine water report kept under wraps

0
A government-appointed team of experts has completed a report on acid mine drainage, but the document will not be made public yet, officials say.

Don’t trust gold shares

0
For many years - perhaps forever and currently too - investors have believed the prices of gold shares will outperform the gold price itself, even if the latter increases.

Three miners die in separate incidents

0
Three mine workers have died in separate accidents in the past two days, says the National Union of Mineworkers.

Sandi Majali arrested

0
The South African Police Service have confirmed the arrest of controversial businessman Sandi Majali for the alleged hijacking of Kalahari Resources.

Govt yet to decide if CoAL can restart Vele

0
CoAL of Africa says no decision has yet been made by the South African government concerning the restarting of its flagship Vele Colliery in the Limpopo Province.

DRDGOLD: time for ‘waffling’ to end

0
DRDGOLD CEO Niel Pretorius has given an impassioned but forthright assessment of how exorbitant costs, uncertainty and nationalisation talks are hurting SA's mining industry.

Cele: Police take part in illegal mining

0
Police members are involved in organised crime syndicates which orchestrate illegal mining, says national police commissioner General Bheki Cele.

Power hikes hit DRDGOLD

0
Eskom's winter power surcharge and wage increases have cut into the fortunes of gold producer DRDGOLD, which reported a 24% quarterly decrease in operating profit.