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PAF to mine Mozambique gold by 2012

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Pan African Resources said it hoped to produce gold from its Mozambican projects by 2012 following completion of a feasibility study.

Ex miner drags AngloGold to Con Court

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The Constitutional Court will hear the case of a former miner claims working underground AngloGold Ashanti's mines caused severe damages to his health.

Aurora confirms illegal miner deaths

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Aurora Empowerment Systems claims illegal mining has cost the company at least R80m worth of damages at its East Rand operations. Four illegal miners perished at its Grootvlei mine.

AngloGold to keep hedge options open

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AngloGold Ashanti's Mark Cutifani says the group will keep an open mind on removing the remainder of its hedge book, now less than a year's production.

Anarchy and death at Aurora mine

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Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.

Great Basin narrows June quarter loss

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Great Basin Gold reported a narrowing in year-on-year losses for the June quarter and said its flagship South African mine, Burnstone, would reach commercial production in September.

Simmers settles R100m of RMB loan

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Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to Rand Merchant Bank as part of the R220m bridge loan.

Gold Fields converts South Deep

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Gold Fields has been awarded a new order mining right for South Deep but the terms of the related black economic empowerment deals show it has had to pay a high price for this.

Gold Fields BEE package deal

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Gold Fields CEO Nick Holland says the three latest BEE transactions approved by government form a "package deal" with the previous Mvelaphanda Resources transaction.

Randgold maintains production outlook

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Randgold Resources CEO Mark Bristow reckons the group's gold production will remain with 5% of his original forecast for 2010 despite the problems at the Loulo mine in Mali.