Gold Fields to shut 70% of South Deep
Gold Fields suffered more production troubles at its South Deep gold mining project saying a safety review would lead to a four month shut-down of most of the mine.
Gold industry’s high rollers embrace thrift
True to their word, the world's gold producers have replaced thrift with expansion which raises the question as to where the next greenfield projects will come from.
AngloGold lauded as cost cutting bears fruit
The group's Obuasi gold mine will be restructured as part of a cost drive that had borne fruit for CEO, Srinivasan Venkatakrishnan.
Caledonia to extend Blanket to 750m depth
Zimbabwean gold producer Caledonia Mining Corporation will dig for gold at a depth of 750 metres as part of the operation's expansion strategy.
DRDGold declines to set date for FFG fix
DRDGold said it had improved gold production in April after suspending its flotation fine grind circuit but give no indication when it would be fixed.
Randgold sets about 10-year bankable plan
Randgold Resources hopes to extend bankable reserves at some of its mines to 10-years while it sets about finding "the next big elephant".
South Deep hiccough tempers Gold Fields
Gold Fields produced good March quarter figures in which it lowered net debt, but a minor output adjustment at South Deep will give grounds for unease.
Harmony may pay dividend after upbeat figures
Harmony Gold said plans to reward shareholders were intact after improved March quarter figures and prospects of a continued good performance this quarter.
Sibanye registers interest with Amplats
Sibanye Gold has made contact with Anglo American Platinum regarding buying its high cost, underground platinum shafts in Rustenburg.
SA golds ‘beyond reasonable level of value’
Have South African gold stocks exceeded their reasonable level of value as suggested by their recent weakening?