Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Struggling South Africa is now the smallest piece of Gold Fields’ Australia-heavy production.
DRDGold enters the nanotechnology realm in its relentless pursuit of more gold from dumps.
And, Sudan workers are in a race for gold.
Gold Fields – which was once South Africa’s second-largest gold producer – says that it has “improved its sovereign risk profile” by cutting its South Africa production, which is the smallest of its four global regions, and dramatically increased its Australian production base to its biggest by far.
Gold Fields CEO Nick Holland
Dump gold miner DRDGold, which recovered nearly 150 000 oz of gold from Gauteng’s mine dumps in the 12 months to end June, has entered the realm of nanotechnology in its relentless pursuit of every last particle of gold from the mountain of surface material at its disposal.
DRDGold CEO Niël Pretorius
More than a quarter of a million Sudanese are trying to make their fortune from the country's gold resources despite the dangers, and before the big mining firms move in. Reuters’ Joanne Nicholson reports.
Video courtesy Reuters
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