Lower South Deep output dents Gold Fields’ FY18 profit. Dual-listed Gold Fields achieved normalised profit from continuing operations of $27-million for the year ended December 31, 2018, compared with the $154-million posted for 2017. The company’s profi...

Mantashe calls for more security at mines following Gloria coal mine incident. Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and ...

Nevada like Witwatersrand of 1970s – Bristow. JOHANNESBURG (miningweekly.com) – Nevada is like the Witwatersrand of the 1970s, says new Barrick Gold president and CEO Dr Mark Bristow, whose Randgold Resources is now merged into Barrick to form the...

Barrick advancing autonomous gold production – Bristow. JOHANNESBURG (miningweekly.com) – Autonomous production systems and projects are being advanced across Barrick Gold as the group focuses on boosting mining efficiency, new Barrick president and CEO Dr ...

South32 finalising preferred list of coal mine bidders. JOHANNESBURG (miningweekly.com) – The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, whe...

Sibanye considers restructuring gold operations; says FY loss to narrow to 1 billion rand. JSE- and NYSE-listed Sibanye-Stillwater will consult with stakeholders about the possible restructuring of its gold operations and associated services, as a result of ongoing financial losses. In a ...

Lower grades, higher costs contribute to lower FY18 adjusted earnings for Barrick. Since merging with Randgold Resources six weeks ago, Barrick Gold Corporation on Wednesday said it has made progress in achieving its short-term priority goals and its full-year objectives. Barrick ...

Bristow snaps into fast action wearing Barrick crown. JOHANNESBURG (miningweekly.com) – Dr Mark Bristow has snapped into fast action wearing the Barrick crown. His Randgold Resources, which now falls under the Barrick Gold umbrella, on Wednesday bowed ...

Eskom grid upkeep increasingly problematic – DRDGold. JOHANNESBURG (miningweekly.com) – The quality of maintenance of the Eskom distribution infrastructure is becoming increasingly problematic, DRDGold CEO Niël Pretorius said on Wednesday. At the compa...

Sibanye considers closing unprofitable shafts at gold mines. JOHANNESBURG – Sibanye Gold is considering shutting unprofitable shafts and cutting jobs at its South African gold mines amid a three-month-old wage strike that’s curbing output. The nation’s large...