Randgold targets $500m warchest
The gold industry was currently unsustainable which would create opportunities for growth, said Randgold which wants to take cash to $500m for finance growth.
SA sceptical LBMA system will influence gold
South African economists and gold producers said it was unlikely the gold price would be positively influenced by the LBMA electronic gold price fixing platform.
Rand papers over cracks of SA’s gold stocks
The December quarter was another difficult period for Harmony Gold with 30% of its mines losing cash while other gold stocks also struggled despite the weak rand.
Pan African rebuts claim Shanduka interferes
Pan African delivered interim figures as per market expectations but had to bat away questions about the influence of BEE partner, Shanduka in its affairs.
AMCU agreed to centralised gold wage talks
The Association of Mineworkers & Construction Union agreed to centralised bargaining in the gold sector this year when it signed recognition agreements.
DRDGold hoping to win back value investors
Improving the share price and growing DRDGold turns on winning back the interest of value investors, and that means operating consistency.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
AngloGold claims ‘intense competition’ for mines
AngloGold Ashanti said asset sales were progressing citing 'intense competition' from among conventional and non-conventional players seeking access to gold.
Fears over 486 as fire hits Harmony mine
A fire had trapped some 486 workers underground at Harmony's Kusasalethu mine although 287 were safe in the mine's refuge bays.
Sibanye may build R3bn power plant
Sibanye Gold said power disruptions owing to Eskom load-shedding had forced it to consider building a R3bn solar-power plant or a coal-fired power station.