Gold Fields shuns SA exit on South Deep turnaround

2020-02-14 09:56

Gold Fields won’t be rushing to join AngloGold Ashanti in exiting the country after its last mine in SA returned to profit last year.

In a surprise turnaround, Gold Fields' last SA mine is finally making money

2019-11-12 09:26

Gold Fields said the turnaround of South Deep opens the way for the company to do a deal at its last South African mine.

Chest X-rays and mobile clinics across Southern Africa: the mammoth task after the landmark R5bn mining settlement

2019-07-26 17:24

The six companies will payout R5bn in claims and miners will receive between R70 000 and R500 000, depending on which of four categories they fall into.

Lengthy strike over Gold Fields job cuts ends

2018-12-18 20:50

An agreement has been reached, bringing the 45-day strike by NUM members to an end.

NUM's Gauteng regional chair stabbed at mass meeting

2018-12-03 14:12

The National Union of Mineworkers has confirmed that its Gauteng regional chairperson Ndlela Radebe was stabbed and injured at a mass meeting on Monday.

Workers have lost R56m in wages as Gold Fields strike nears four weeks

2018-11-23 13:03

Gold Fields' South Deep mine has lost R178m in revenue since the strike by the National Union of Mineworkers started nearly four weeks ago, and workers have missed out on more than R56m in wages.

National NUM intervenes in Gold Fields impasse amid ongoing violence

2018-11-15 14:26

This is the first time that the union’s national leadership has met with Gold Fields since the beginning of the strike.

Blame in all directions for violence during Gold Fields strike

2018-11-05 17:45

While the National Union of Mineworkers claims two of its members have been hospitalised, Gold Fields says the union has been perpetrating violence during the strike, which is costing the company R3m per day.

Gold Fields CEO asks for 'more time' as investors get antsy

2018-10-12 16:54

Gold Fields shareholders getting impatient over the company’s failure to stem losses at the huge South Deep deposit in South Africa shouldn’t lose hope, says chief executive officer Nick Holland.

Gold Fields CEO determined to save South Deep

2018-08-16 19:44

Gold Fields has no plan to let go of its loss-making South Deep mine, having announced looming retrenchments of 1 560 workers.


Gold Fields launches R4bn bookbuild to fund Chilean mine

2020-02-12 20:43

Gold Fields has announced an accelerated bookbuild aimed at raising R4bn to fund its Salares Norte project in Chile.

Landmark silicosis ruling a 'huge relief' even if it took 15 years - lawyer

2019-07-27 07:30

The approval by the Gauteng High Court in Johannesburg for a landmark R5bn settlement with ill gold miners has been broadly welcomed by the affected parties.

A year in strikes: Mines hobbled, buses grind to a halt

2018-12-24 17:24

Strikes at two gold producing companies have shown no sign of abating, with no production taking place at Gold Fields since workers downed tools on November 2. Fin24 takes a look at 2018 in strikes.

SA gold industry enters final phase of slow death

2018-12-09 13:43

The nation’s 130-year-old gold industry - which has produced half the bullion ever mined on Earth - is locked in the final stages of a decades-long death spiral.

New offer to end Gold Fields strike likely to be rejected, says union

2018-11-28 12:49

Gold Fields has presented a new offer to the National Union of Mineworkers in an attempt to end the union’s strike against retrenchments - now in its fourth week- but union officials say it is unlikely to be accepted.

Gold Fields smuggles in workers by night to bypass strikers

2018-11-16 14:36

Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike.

Gold Fields cuts output forecast as SA mine struggles

2018-11-09 09:35

Gold Fields has lowered 2018 output forecasts after workers at its South African mine embarked on a go-slow and a strike protesting the producer’s plans to cut jobs.

NUM strike to put a stopper in Gold Fields production

2018-11-02 15:05

NUM, which represents 80% of the Gold Fields workforce, will withdraw labour from South Deep on Friday afternoon, the union has said.

Sword of Damocles hangs over miners' heads

2018-08-19 06:03

Only a fifth of those who could lose their jobs at South Deep mine, western Johannesburg, would be able to find other jobs.

Mantashe slams job losses, 'backward' leadership at Gold Fields

2018-08-15 16:05

Mineral Resources Minister Gwede Mantashe has slammed Gold Fields management over its planned retrenchments, saying the job losses reflect "backward" leadership and scapegoating.

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