Lesotho gets lucky with 'pink gold'

2014-03-21 05:30

The idea of Japanese consumers eating sushi from a tiny African country with no coastline may sound improbable, but the kingdom of Lesotho is pulling it off.

Gold Fields Q4 earnings slightly higher

2014-02-13 10:41

On a year-on-year basis, Gold Fields earnings were down 85%, a reflection of the falling gold price, which shed 28% in 2013.

Relief rally in Naspers buoys JSE

2014-01-28 13:12

A recovery in the Naspers share price, which lost more than 9% of its value over the previous two sessions, has kept the JSE afloat.

Eskom: Power outlook slightly better

2013-11-20 11:19

Eskom says the power supply outlook has improved slightly after it declared a power "emergency" the previous day, although the grid remains vulnerable.

Hawks to probe Mbete Gold Fields deal - report

2013-09-30 09:31

The Hawks will investigate allegations of bribery in a Gold Fields empowerment transaction involving ANC chair Baleka Mbete, according to a report.

What to watch on JSE

2013-09-22 17:00

Certain shares should be watched carefully in the next few months after the most recent comments by Reserve Bank governor Gill Marcus.

Sibanye pays dividends as independent firm

2013-09-12 12:05

Gold producer Sibanye Gold's board has declared a dividend equivalent to 25% of normalised earnings within its first six months as an independent company.

Gold Fields in BEE probe

2013-09-10 15:20

Bullion producer Gold Fields says it is being investigated by the US Securities and Exchange Commission over a 2010 black economic empowerment deal.

Gold Fields staff back after strike

2013-09-09 14:47

Striking workers of Gold Fields have returned to work at the South Deep mine after receiving a two-year salary offer, the company says.

BEE deal was legal, says Gold Fields

2013-09-06 15:28

Gold Fields says its board of directors did not break the law in relation to a controversial 2010 black economic empowerment deal.

NUM set for gold sector strike

2013-09-02 16:45

The National Union of Mineworkers says its members will strike until gold mine employers revise their pay offer.

Strike to hit gold sector

2013-08-30 14:30

The National Union of Mineworkers has served major gold miners with a notice of a strike over pay demands.

NUM mulls strike in gold sector

2013-08-29 18:29

The National Union of Mineworkers is in talks with its members about the possibility of embarking on a strike in the gold sector.

Silicosis lawsuit consolidation sought

2013-08-23 17:09

Lawyers for three separate class actions against gold mining companies have applied to the South Gauteng High Court to have the cases consolidated.

Gold Fields CEO waives bonus

2013-08-22 12:29

Gold Fields CEO Nick Holland has offered to waive his bonus after an investigation into the company's BEE transaction at its South Deep mine.

Ramphele: Govt stealing from the poor

2013-08-21 22:19

The ANC government is abusing its power and has been stealing from impoverished people for over two decades, says Agang SA leader Mamphela Ramphele.

Gold sector pay talks continue

2013-07-24 12:29

The National Union of Mineworkers says negotiations with the Chamber of Mines are resuming to broker a wage deal.

Gold Fields appoints Jefferies as advisor

2013-05-24 15:18

Gold Fields has announced that its wholly owned subsidiary, Gold Fields Orogen, has appointed Jefferies International as exclusive financial advisor

Gold Fields revenue increases

2013-05-10 13:39

Gold Fields reported a 3% increase in revenue in rand terms from R6.926m to R7.159m for its South African operations in the March 2012 quarter.

Mining stocks shine after sell-off

2013-04-19 12:07

The JSE mining index gained more than 2% as mining companies rebounded after a week-long sell off.

Gold Fields Ghana miners to resume work

2013-04-08 12:26

Striking Gold Fields' workers in Ghana are likely to resume work following the conclusion of talks between their leaders and management to resolve their grievances.

Gold stocks stage technical rally

2013-03-07 09:52

Shares in gold producers have rallied on what appears to be technical factors after charts showed they were oversold, analysts say.

Strikes bite into Gold Fields' earnings

2013-02-14 09:21

Major bullion producer Gold Fields has reported a 20% fall in fourth-quarter headline earnings, largely because of the impact of illegal strikes.


Australians to dig Gold Fields out of trouble

2014-02-19 11:11

Down under the South African earth, Australian accents are leading a drive to unlock the wealth of one of the world's largest gold reserves.

Gold Fields put on CreditWatch Negative

2014-02-02 12:45

The CreditWatch Negative placement of Standard & Poor's ratings services on Gold Fields was triggered by the change in S&P's gold price assumptions.

Gold Fields back in the black

2013-11-20 12:33

Bullion producer Gold Fields has returned to quarterly profit on Wednesday, helped by cost cuts and higher production.

Gold Fields to acquire Barrick's mines

2013-10-01 16:44

Gold Fields says it has finalised its $270m acquisition of mines belonging to Barrick Gold in Australia.

Hawks to probe Mbete Gold Fields deal

2013-09-30 09:04

The Hawks will investigate allegations of corruption and bribery in a Gold Fields empowerment transaction involving ANC chairperson Baleka Mbete, it has been reported.

Minerals dept denies dictating BEE deal

2013-09-22 11:46

The mineral resources department did not dictate to Gold Fields which people should benefit from a controversial 2010 empowerment deal, according to a report.

M&G must retract Mbete story - ANC

2013-09-10 23:30

The ANC says the Mail&Guardian must retract its story that ANC chairperson Baleka Mbete was bribed by Gold Fields and apologise to her and the party.

Relief as gold mining operations resume

2013-09-09 16:59

Gold producers say they are pleased that striking miners are back at work, adding that a two-year salary agreement will be signed shortly.

Gold producers want strike action to end

2013-09-06 20:02

The Chamber of Mines SA says it is hoping that its new pay offer and the terms and conditions to mine workers will bring an end to the gold mine strike.

Gold mine strike fizzling out

2013-09-06 14:39

Some gold miners have ended their strike for higher wages after just three days, bolstering confidence that the strike could be formally called off.

Mines must give big increases - NUM

2013-08-30 18:05

The National Union of Mineworkers has dismissed as "a joke" the offer made by mining companies, as it prepares for strike action.

Gold strike can be averted - chamber

2013-08-29 23:12

The Chamber of Mines says no official notice of planned strike action in the gold mining sector has been received, adding that it wants to avoid industrial action.

JSE surges to record close

2013-08-26 19:10

Gold and platinum indices have rallied to push the JSE to a record high.

Gold Fields to obtain Australian mines

2013-08-23 11:14

The world's largest gold producer, Barrick Gold, has agreed to sell three of its high-cost gold mines in Australia to Gold Fields.

Gold Fields posts loss, snaps up Barrick assets

2013-08-22 09:38

Gold Fields has posted a quarterly loss, hit by impairments in Ghana and lower prices, but says it will spend $300m to snap up Barrick Gold's Australian assets.

Gold Fields names operations head

2013-07-30 12:17

Bullion producer Gold Fields has named a veteran mining executive to head its West African business.

Price pinch hits SA's fading gold sector

2013-07-08 08:45

The sun is setting on an industry that has produced a third of the world's bullion but today is crushed between a toppling price and climbing costs.

Gold stocks rally as rand tanks

2013-05-30 17:51

Gold stocks have rallied with Harmony Gold mine soaring nearly 20% on the combination of a firmer gold price and rand weakness.

Strike fears as NUM seeks 60% pay hikes

2013-05-19 21:02

The intention of the National Union of Mineworkers to seek pay hikes of between 15% and 60%, has reignited fears of last year's deadly mine strikes.

SA gold firms bleeding cash

2013-04-21 17:20

If you owned all three of South Africa’s major gold mining companies in June last year, you would have lost about R100bn by now.

Gold Fields strike in Ghana ends

2013-04-09 14:12

Unprotected strike action at two Gold Fields mines in Ghana have come to an end, the company says.

Gold Fields confirms probe into BEE deals

2013-03-13 13:35

Gold Fields has confirmed that its black economic empowerment deals are under investigation, after press reports raised questions about them.

Aussie miners fired for Harlem Shake

2013-03-04 15:29

An Australian mining services company has fired up to 15 workers who performed an underground version of the Harlem Shake and posted it online.

NUM: Ramphele's resignation long overdue

2013-02-13 16:23

The National Union of Mineworkers has lauded Mamphela Ramphele's decision to step down as chair from Gold Fields, saying she did not care for miners.

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