Gold Fields hedges Aussie gold as volatility risks capex plan
GOLD Fields has hedged three-quarters of its Australian gold production for the second half of its financial year owing to volatility in commodity prices...
Shanta Gold launches $14m book-build to fund Helio takeover
Shanta Gold, a UK-listed mining firm operating in Tanzania, is to raise $14m through a share book-build the proceeds of which will be used...
Pallinghurst wins 61% support for controversial Gemfields bid
PALLINGHURST Resources has claimed enough support to make its $150m all-share offer for Gemfields unconditional with just over 60% of total shareholders in the...
Sibanye registers better luck with US union after NUM outrage
THREE days after being accused of barbarism by the National Union of Mineworkers (NUM), Sibanye Gold registered better luck with the major union at...
SA mining in crisis as CoM takes Govt’s Mining Charter to...
SOUTH Africa's mining sector as represented by the Chamber of Mines (CoM) is to turn to the courts in order to contest elements of...
‘Once empowered, always empowered’ not recognised as 30% target set by...
THE redrafted mining charter will not recognise past empowerment deals and has given the mining sector a year to comply with a new ownership...
Acacia hopeful Govt talks will “rebase operating environment”
NEGOTIATIONS between the Tanzanian government and Acacia Mining - along with its major shareholder Barrick Gold - had yet to start, but Acacia would...
CoM boycotts ‘suspicious’ eleventh hour mining charter meeting
THE launch of a redrafted mining charter will get off to the worse possible start tomorrow after the Chamber of Mines said it would...
Froneman stumps up R19m as follows rights in Stillwater deal
NEAL Froneman, CEO of Sibanye Gold, has subscribed for R19.4m shares in the company in terms of its $1bn rights issue, the proceeds of...
Fosun promises China riches in 10% bid premium for Gemfields
HONG Kong-listed conglomerate Fosun International has put flesh on the bones of its potential rival offer for Gemfields saying it would pay a 10%...