Rand recovery punishes SA's aging, costly gold mines

2017-08-17 17:32

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

Anglo, gold miners set aside millions for lung disease claims

2017-07-27 13:43

South African mining firms, including Anglo American, are preparing a R1bn settlement with as many as 100 000 former workers suffering from deadly lung diseases.

International markets positive following French election

2017-04-24 18:19

The JSE caught the wave of positive movements extending across international markets after the French election outcome followed the predicted polls.

Mining firms hope for settlement in silicosis class action

2017-02-08 16:26

Mining companies facing class action from mine workers who contracted silicosis on South Africa’s gold mines, remain hopeful that there will be an out of court settlement.

Harmony Gold expects higher earnings

2017-01-30 13:56

Harmony Gold expects that earnings for the six months ended 31 December 2016 will be higher than for the six months ended 31 December 2015.

Harmony miners return to surface after illegal sit-in

2017-01-13 08:18

About 1 600 miners who spent nearly 48 hours over 2km below the surface of Harmony Gold’s Kusasalethu mine during an illegal sit-in have returned to the surface.

1 700 workers start strike 2.4km below Harmony mine

2017-01-12 11:11

About 1 700 miners have refused to return to the surface of Harmony Gold’s Kusasalethu mine in the West Rand, with the miner saying they have embarked on an illegal sit-in.

Investors cheer Harmony results

2016-08-17 13:13

Investors have cheered Harmony Gold Mining’s interim results, sending the share price up more than 5% after the gold miner posted a net profit of R949m.

'We are not toys, we deserve better' former miner says after Silicosis judgment

2016-05-14 16:38

Former mine workers suffering from Silicosis or TB believe the High Court ruling in their favour will teach mining companies to value the lives of their employees better.

Fatality at Harmony's Phakisa mine

2016-04-12 19:00

Harmony Gold mine has reported that a rock drill operator was fatally injured in a fall of ground accident at its Phakisa mine near Welkom.


Harmony pays higher dividend as profits climb

2017-08-17 08:39

Harmony Gold has posted a 35% increase in headline earnings per share of R2.98 and has declared a 35c dividend for its year ended June 30, which was a 70% increase on the prior year.

Harmony Gold reports production well in reach

2017-05-09 11:36

Harmony Gold has issued an operational update for the 9 months till the end of March 2017.

‘Trump tweet sees investors rush to safety’

2017-04-11 18:30

Markets ended firmer as banks and retailers gained on the back of a stronger rand, with gold being the main beneficiary of heightened geopolitical risk led by US President Donald Trump’s latest twitter threats.

Harmony to maintain momentum as it pays interim dividend

2017-02-02 08:40

Harmony has announced an interim dividend of 50c and posted strong headline earnings amid a speed-up in production as it pays off debt.

Harmony miners end wildcat strike

2017-01-15 06:15

This week’s short-lived sit-in by about 1 700 employees of Harmony Gold’s Kusasalethu mine in Carletonville, western Johannesburg, has tested the gold mining company’s relationship with Amcu.

Kusasalethu sit-in: Fears raised over safety of miners

2017-01-12 19:02

Amcu president Joseph Mathunjwa is fearing for the safety of over 1000 mineworkers who have staged an underground sit-in at Harmony Gold’s Kusasalethu mine.

Harmony Gold hunts deal to fill output gap

2016-08-24 09:50

Harmony Gold is willing to use debt and equity to buy a profitable mine that will offset falling production and help fund a major new project in Papua New Guinea.

SA’s ‘living corpses’ backed by US lawyers who beat big tobacco

2016-08-17 07:22

While it’s taken more than seven years, the unlikely combination of deep-pocketed US lawyers and SA's silicosis mining victims is finally having some success.

Harmony CEO takes note of new draft mining charter

2016-04-15 20:00

The CEO of Harmony Gold Mining Company says the mine will hold talks with the government over the new draft mining charter.

Kusasalethu halts work after fatality

2016-04-11 14:30

Harmony Gold's Kusasalethu mine has stopped mining activities after an employee was fatally injured in a fall.

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