Sibanye heads for record drop

2016-08-25 16:42

Sibanye Gold has headed for the biggest drop on record as safety stoppages meant the miner produced less of the precious metal than it could have in the first quarter.

Market-beating SA fund gains 110% on gold revival

2016-08-22 16:50

Old Mutual's Meryl Pick’s Gold Fund has gained 110% this year, beating the average 2.6% across South African investments tracked by Bloomberg.

Sibanye sees gold output over 1 million ounces for 12 yrs

2016-07-28 11:55

Sibanye Gold says investments in its operations mean it will maintain output at more than 1 million ounces annually for at least 12 years.

Sibanye targeting gold acquisition by end of 2016

2016-05-24 19:36

Sibanye Gold wants to buy a gold-producing asset by the end of the year, adding to its acquisitions of platinum operations in its home country, says CEO Neal Froneman.

Sibanye to spend R95m on former Aquarius mines

2016-04-26 14:06

Sibanye Gold plans to spend R95m for the year to end-December 2016 on its newly-acquired platinum business, formerly Aquarius Platinum, says CEO Neal Froneman.

Zwane willing to give breather on Mining Charter

2016-04-22 10:39

Mines Minister Mosebenzi Zwane says he is willing to extend the 30-day period of consultation with industry players over a new draft of the controversial Mining Charter.

Sibanye wage offer: Rival unions protecting capitalists, says Amcu

2016-04-11 16:56

Amcu president Joseph Mathunjwa has defended his union's success at getting Sibanye Gold to present a new wage offer, despite criticism from other unions.

Sibanye will not bow to Amcu pay demands - CEO

2016-04-04 15:43

Sibanye Gold CEO Neal Froneman is adamant that Amcu's demands for a wage hike will not materialise after the union threatened to bring the mine to a standstill.

Amcu threatens strike at Sibanye over job cuts

2016-03-18 18:35

Amcu has said it could strike at Sibanye Gold if the firm does not stop its plans to cut more than 500 jobs at its recently acquired platinum mines.

SHARE WATCH: Resources, healthcare firms in spotlight

2016-02-22 07:50

Overberg Asset Management's Kirk Swart looks at three resource companies, and two companies that are active in the medical field in this week's "five shares to watch".


Sibanye profit soars on higher gold price

2016-08-25 10:42

Sibanye Gold's earnings have climbed more than sixfold and the miner has raised its dividend as a rising bullion price and a weak rand boosted profit margins.

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.

Sibanye Gold to cut jobs at loss-making Cooke 4 mine

2016-07-11 11:15

Sibanye Gold has begun talks with unions for job cuts at its Cooke 4 mine after failing to stem heavy losses at the operation.

JSE resource-stock slump may just be getting started

2016-05-05 07:50

A drop of more than 6% this week for JSE-traded resources stocks may presage further declines, say analysts citing indicators and excessive optimism among investors.

Sibanye maintains production forecast, lifts output

2016-04-25 11:06

Sibanye Gold has maintained its full-year forecasts after output rose and costs declined in the first quarter when compared with the same period in 2015.

Planned mining laws unacceptable - Sibanye

2016-04-18 13:36

Sibanye Gold has criticised the planned Mining Charter, saying some aspects of the legislation are “not acceptable” in their current form.

Amcu claims victory over NUM with Sibanye wage offer

2016-04-10 21:49

Mines union Amcu has claimed its first victory over the National Union of Mineworkers as its members voted unanimously in favour of a new wage offer by Sibanye Gold.

Gold firms form working group on lung disease

2016-03-20 13:26

SA gold-mining firms, some of which are being sued for incidents of lung disease, have formed a working group to pay compensation and prevent new cases occurring.

Sibanye gets regulatory nod for $294m Aquarius bid

2016-03-17 12:18

The Competition Commission and the Commission Tribunal have given regulatory approval to Sibanye Gold's acquisition bid for Aquarius Platinum.

Boost for SA producers as platinum prices gain ground

2016-02-19 06:29

Improving sentiment that platinum prices are rebounding could pay off for Sibanye Gold, which is keen to have a heavy presence in platinum mining.

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