Sibanye Gold to lift capex

2015-01-27 10:45

South African-focused Sibanye Gold will increase its capital expenditure in 2015, a rare case of a mining company boosting capex as rivals cut costs.

Gold Fields dips on lower output

2014-11-20 09:50

Bullion producer Gold Fields has posted a 6% drop in third-quarter earnings after its flagship South Deep mine saw an 18% decline in production.

Gold Fields clarifies historic claim

2014-08-22 11:40

Gold Fields has issued a statement regarding a historic claim relating to a period of time prior to purchasing the company involved.

Gold Fields sells stake in Peru project

2014-08-19 10:16

Gold Fields has agreed to sell its stake in Canteras del Hallazgo the company that manages the Chucapaca project in southern Peru.

Gold mining giants shaken by quake

2014-08-05 13:30

AngloGold Ashanti, Harmony Gold, Gold Fields and Sibanye Gold have felt tremors in their headquarters, with reports of mineworkers being trapped underground.

Gold Fields to shut South Deep mine

2014-05-30 19:34

Gold Fields will close its South Deep mine for between three and four months for safety upgrades, but job cuts are also on the cards, says CEO Nick Holland.

Inspection at Gold Fields completed

2014-05-29 15:13

The department of mineral resources has completed an in-loco inspection of the scene of a second accident at Gold Fields, says the company.

Gold Fields Ghana mine back to profit

2014-05-08 10:04

Bullion producer Gold Fields says its Damang mine in Ghana has swung back to profit and is now expected to make a "significant" contribution to bottom line.

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 Fields costs could be better than expected

2015-01-16 17:30

Gold Fields has provided an update on production and cost for the quarter and the year ended December 2014.


Gold Fields boss Nicholas Holland tells Fin24 that there are rewards for those who believes in the future of the gold market, but they must have patience.

0 comments89 Views

Gold Fields earnings up on low-cost mines boost

2014-08-21 10:28

Gold Fields has reported a rise in quarterly profit despite a fall in prices and production as output increased at its lower-cost mines.

Gold Fields: South Deep licence not at risk

2014-08-11 10:51

Gold Fields says government has expressed concern about its social and labour plans, but believes the licence at its flagship South Deep mine is not in jeopardy.

Gold Fields mine back in business

2014-06-02 15:00

Gold Fields announced that the South Deep Project is again operational after an inspection into the circumstances surrounding two separate fatal accidents.

Gold mine stops production after deaths

2014-05-30 18:45

Gold Fields has halted production at the South Deep mine after two employees died in underground accidents.

Gold Fields South Deep miner killed

2014-05-27 16:35

A miner has died in an industrial accident at Gold Fields' South Deep Project, south-west of Johannesburg.

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.

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go! - shop online today

Valentine’s Day gifts – 14 Feb!

Gifts to spoil him and her. While stocks last. Shop now!

Games on Sale!

Save up to 60% on selected games. While stocks last. Shop now!

Up to 30% off All Textbooks

Save up to 30% off an extensive range of prescribed textbooks for all major universities and FET colleges. Shop Now!

Save up to 40% on outdoor accessories!

Tents, sleeping, day packs and more. While stocks last. Shop now!

30% off fragrances

Get 30% off fragrances for him and her. While stocks last. Shop now!

OLX Free Classifieds [change area]

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.