Harmony hedges 20% of gold as eyes task of building Golpu
HARMONY Gold has hedged a fifth of its gold production for two years - equal to about 432,000 ounces - as it seeks to...
CoAL abandons bid for Universal amid Eskom contract delay
COAL of Africa's (CoAL's) R1.38bn (A$126.4m) bid for Australian-listed Universal Coal has been called off because a sales contract with Eskom had not been...
Gupta’s Oakbay listing in jeopardy after fails to find sponsor
Oakbay Resources & Energy, the company owned by the Gupta family, has been unable to find a sponsor to replace Sasfin in the specified...
‘Era of uncertainty’ sends gold into new bull phase
IF there’s one thing that can be said for gold, it’s that it never wastes a good crisis.
The last time bullion was at current...
Light at the end of the tunnel for silicosis victims
IT has been a difficult year for the mining industry insofar as health and safety has been concerned, but the tide is turning for...
Decision time as Exxaro Resources gears up for new era
"UNFORTUNATELY, you are a week too early," said Mxolisi Mgojo, CEO of Exxaro Resources. That’s his response to a question about whether the group...
Self-inflicted damages worsen metals downturn for Africa
IN Southern Africa, severe drought conditions, a drop in commodity prices, and increasing pressure on the state purse have hit key mining economies. Some...
“We’re ahead at South Deep for first time since I can...
NICK Holland has received a few knocks in his eight years as CEO of Gold Fields including an investigation by the US Securities Regulation...
Eskom serves Anglo with “list of questions” about coal mines
ESKOM has delivered a list of questions to Anglo American intended to help it establish whether it has ownership rights to the thermal coal...
Anglo would consider Kumba’s role in SA mining champion
ANGLO American would consider a proposal to use its 70% stake in Kumba Iron Ore as a founding asset to create "a different type...