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ex-Gold Field’s Mali project, Humming along to first gold

by Lawrie Williams Junior gold explorer/developer Hummingbird Resources appears to be making excellent progress on bringing Gold Fields’ former Yanfolila gold project in Mali into production. It is...

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Gold Fields: Technology the White Knight, reverse setting sun (Jobs?)

In my short career as a TV journalist, from around 2010, I have covered stories calling the end of the gold sector in South Africa. And as the sun sets on the sector, five years later, the same...

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Zuma’s FinMin crisis leads gold sector recovery, currency lift threw ‘lifeline’

Even the most scorched earth offers opportunity and one can apply this analogy to the recent Finance Ministry musical chair scenario. The aftermath of Zuma’s decision to fire Nhlanhla Nene, replace him...

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Gold Fields stock plunges 24%, most since 1985. Swings to 4Q loss.

By Kevin Crowley (Bloomberg) — Gold Fields Ltd. fell the most on record after saying production for 2016 will decline and leave the company relying on South Deep, its delayed South African operation,...

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Rand at best level since Nenegate as market eyes another interest rate hike

JOHANNESBURG, Feb 18 (Reuters) – South Africa’s rand firmed to a seven-week high against the dollar on Thursday supported by expectations of interest rate hikes, while Gold Fields fell sharply as the...

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David Melvill: Ugly duckling turned swan – Sibanye trumps Gold Fields

Top financial advisor David Melvill is crunching numbers again, and this time he’s comparing the returns of Gold Fields and Sibanye Gold. In 2013 Sibanye was split out of Gold Fields, holding on to the...

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Swapping Gold for Platinum – Nico Muller new Implats CEO

Cape Town – Gold Fields [JSE:GFI] on Wednesday announced the resignation of its executive vice-president Nico Muller, who will be leaving the company to take up the position of chief executive officer...

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SA’s ailing mining industry drills for answers at annual indaba

Mining in South Africa is harder and costlier than ever and industry investments are flowing outwards instead of inwards – that’s the uncomfortably warm water delegates to the annual Mining Indaba in...

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SA gold mining will be dead by 2033 if it fails to adopt tech – industry expert

The days of South Africa being the world’s biggest gold producer have come and gone. The country has slipped to the world’s seventh biggest producer in recent years as other nations such as Russia and...

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What the banker saw: Inside story of Sibanye’s R35bn swoop on Stillwater

LONDON — Entrepreneurs who pull off the major deals get the headlines, but the heavy lifting is usually done behind the scenes. Which was clearly the case after Sibanye’s aggressive CEO Neal Froneman...

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WORLDVIEW: Corruption watch: More dirt on KPMG uncovered

We’re quick to criticise politicians for having their snouts in the trough, yet turn a blind eye to corporations who are part of the corruption equation. This is a Biznews Premium article. Please...

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Once-mighty mining giant Lonmin dies feeble death as Sibanye moves in to pick...

EDINBURGH — Lonmin shareholders should grab an offer by gold miner Sibanye to acquire the company with both hands, says the Financial Times. Although the deal marks a feeble end to Lonmin’s century of...

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PREMIUM: Old Firm – First Steinhoff, now Aspen – understanding the Viceroy...

It’s now common cause that the report circulated by Viceroy Research brought down the 90 000 employee-strong Steinhoff. This is a Biznews Premium article. Please login or sign up for a free 1-month...

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Gold mines take it on the chin with R5 billion health claim payout

CAPE TOWN — It was not without a fight that AngloGold Ashanti Ltd and Gold Fields this week capitulated with a R5 billion settlement for tens of thousands of mine workers who contracted TB and...

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Swapping Gold for Platinum – Nico Muller new Implats CEO

Cape Town – Gold Fields [JSE:GFI] on Wednesday announced the resignation of its executive vice-president Nico Muller, who will be leaving the company to take up the position of chief executive officer...

View Article


Image may be NSFW.
Clik here to view.

SA’s ailing mining industry drills for answers at annual indaba

Mining in South Africa is harder and costlier than ever and industry investments are flowing outwards instead of inwards – that’s the uncomfortably warm water delegates to the annual Mining Indaba in...

View Article

Image may be NSFW.
Clik here to view.

SA gold mining will be dead by 2033 if it fails to adopt tech – industry expert

The days of South Africa being the world’s biggest gold producer have come and gone. The country has slipped to the world’s seventh biggest producer in recent years as other nations such as Russia and...

View Article


Image may be NSFW.
Clik here to view.

What the banker saw: Inside story of Sibanye’s R35bn swoop on Stillwater

LONDON — Entrepreneurs who pull off the major deals get the headlines, but the heavy lifting is usually done behind the scenes. Which was clearly the case after Sibanye’s aggressive CEO Neal Froneman...

View Article

Image may be NSFW.
Clik here to view.

WORLDVIEW: Corruption watch: More dirt on KPMG uncovered

We’re quick to criticise politicians for having their snouts in the trough, yet turn a blind eye to corporations who are part of the corruption equation. This article is exclusive to Biznews Premium....

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Image may be NSFW.
Clik here to view.

Once-mighty mining giant Lonmin dies feeble death as Sibanye moves in to pick...

EDINBURGH — Lonmin shareholders should grab an offer by gold miner Sibanye to acquire the company with both hands, says the Financial Times. Although the deal marks a feeble end to Lonmin’s century of...

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