Wits Gold and Sibanye seal the deal

Wits Gold has signed an implementation agreement with Sibanye Gold, in terms of which Sibanye will acquire the company’s entire issued ordinary share capital...

Kumba closes for Mandela’s funeral

Kumba will close for three hours on 10 December 2013 during the late Nelson Mandela’s memorial service at Johannesburg stadiums, said Gert Schoeman, spokesman...

Hedging unlikely although gold continues to fall

Gold producers are unlikely to return to large-scale hedging of the magnitude seen during the 1990s, Barclays’ analysts said in a research report. This is...

JSE pauses trade to mark the passing of Nelson Mandela

The Johannesburg Stock Exchange (JSE) will be pausing trade to mark the passing of former South African president Nelson Mandela. “It is with great sadness...

Northam Platinum strikers lose R50m in basic wages

Losses in revenue and wages because of a month-long strike at Northam Platinum's Zondereinde mine in Limpopo are running at R400m. “Revenue losses for the...

Endeavour Mining pours first gold ahead of schedule

Endeavour Mining has poured its first gold bar from the Carbon In Leach and Gravity gold circuits at the Agbaou Mine in Côte d’Ivoire. The...

DiamondCorp sells its first diamonds from Lace tailings

DiamondCorp has completed the first sale of diamonds recovered from tailings re-treatment activities at the Lace diamond mine in the Free State province of...

Deadlock in Zimbabwean mine negotiations

The main labour union in Zimbabwe has reached a deadlock in wage negotiations with local mining companies after demands that wages should be more...

Rio Tinto unveils breakthrough pathway for iron ore expansion in Australia

Rio Tinto has set out its breakthrough plan to optimise the growth of its world-class iron ore business in Western Australia. Mine production capacity will...

Rockwell recovers a 287-carat diamond

Rockwell Diamonds has recovered of a 287-carat diamond from its operations in the Middle Orange River region which is of commercial colour (tinted white)...

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