kloof

Sibanye’s gold output up 11%

SA gold miner Sibanye Gold has reported an 11% production increase in Q1 of 2014, compared with the same quarter last year. The company released its operating update for the March 2014 quarter on Thursday, reporting that despite disruptions at its...
the life of wits basin dumps

Sibanye Gold and Gold One merge West Rand assets

Gold One International has entered into an agreement with Sibanye Gold to merge its 74% shareholding in Newshelf 1114 Proprietary, which owns Rand Uranium. Newshelf holds a 100% shareholding in Rand Uranium – being the Cooke 1-3 underground...
South Africa's deep level gold mine

Sibanye Gold’s old ladies still deliver

Sibanye Gold has delivered higher gold production and operating profit for the six months ended 30 June 2013, proving that the countries oldest gold mines still hold value. CEO Sibanye Gold’s Neal Froneman, said the results for the period under...
South Africa's deep level gold mine

Ripe with opportunity in the twilight years

Many believe that South Africa’s deep level gold mining sector is in its twilight years as a result of rising operational costs, extreme depths and steep wage increases, and old age. The need for replacement ounces and lifespan extensions will...

A true Gold Fields commitment

Meeting gold production targets may be Gold Fields’ core business focus. But reducing its energy consumption and carbon footprint is rapidly moving to the top of its priority list, writes Laura Cornish. Because energy costs keep rising, and already...