SA firms table ‘final’ wage offer as gold ticks up
South African gold producers tabled a 6.5% two-year wage increase for entry-level workers - an offer that comes against another uptick in the gold price.
AngloGold balance sheet “a moving picture”
AngloGold Ashanti CEO, Srinivasan Venkatakrishnan, said the group's balance sheet remained "a moving picture" evidenced by the relaxation of its convents last week.
Keaton bids R182m in part-share deal for Xceed
Keaton Energy has made an all-share offer for Australia's Xceed Resources principally for the firm's Moabsvelden project which borders Vanggafontein.
Silver lining provided by DRDGold
DRDGold has long retired its Roodepoort Rocket preferring a more pedestrian profile that nevertheless is delivering returns to shareholders.
Doubts cast on Merafe dividend ambition
A declaration by Merafe Resources that it hoped to pay dividends at some future point was met with astonishment by analysts.
Shale gas, coal tipped as ‘game changers’
South Africa's government was increasingly relying on shale gas and construction of a third coal-fired power station as it seeks a way of avoiding a future energy crisis.
Holland extends Gold Fields’ transformation
Nick Holland's transformation of Gold Fields has been extended well beyond the unbundling of its SA assets by dint of the gold price.
Sibanye issues R1.2bn in shares for Cooke
Sibanye Gold will offer 17% of its stock for 260,000 ounces a year from Gold One International's Cooke operations on the West Rand.
Opaque gold retains power to perplex
The world's gold leaders remain as vulnerable to the gold market as ever as they repeatedly fail to read a deeply occluded market.
Impala likely to pass on dividend
Impala Platinum is likely to give up its final dividend restricting shareholders to a modest full-year payout as impairments hit home while wage negotiations loom.