Sibanye-Stillwater to post loss of at least R4.6bn for 2017
SIBANYE-Stillwater is to post an attributable loss of at least R4.6bn, equal to $350m, for its 2017 financial year ending December 31, the Johannesburg-listed...
Pan African raises alarm as criminal group runs riot at Elikhulu
THE construction of Pan African Resources' (Pan African's) R1.7bn Elikhulu surface gold project is being put at risk by a "criminal grouping" which has...
Sibanye turns attention to growth strategy ahead of market shift
SIBANYE-Stillwater CEO, Neal Froneman, said the group had moved into a phase a growth even though the rest of the market was focused solely...
Anglo heading for solid production year led by diamonds, iron ore
ANGLO American is poised to turn in a solid production year announcing today year-to-date copper equivalent production across all its operations some 8% higher with...
Lonmin confirms 1,000 jobs at risk as market pressures intensify
LONMIN confirmed it was cutting jobs in order to protect its operations against sustained low platinum group metal (PGM) prices and increasing cost pressures.
Reuters...
Pressure turned up a notch on Petra as net debt climbs...
THE pressure on Petra Diamonds' balance sheet was turned up a notch at the close of the first quarter after net debt came in...
Gold Fields stages Q3 recovery, but South Deep to miss target
GOLD Fields responded strongly to the previous quarter's operational setbacks staging a $152m positive swing in cash flow during the third quarter, and nibbling...
Analysts would prefer AngloGold divorce from SA, but is that wise?
THE purchase of the Moab Khotsong gold mine in South Africa's Vaal region for about R4bn is primarily a Harmony Gold story, but attention...
Acacia unveils blueprint for cash in teeth of Tanzania crisis
ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a...
Barrick inks 50/50 deal with Tanzania, pays $300m in goodwill
BARRICK Gold has agreed to share equally the "economic benefits" generated by the mines of its 63.9%-held listed subsidiary, Acacia Mining, with the Tanzanian...