AngloGold urges quick silicosis redress, lawyer says less dust will cut incidence, RBC eases $100bn implied-damage sum

South Africa’s largest gold miner is urging quick action on a compensation structure for silicosis sufferers; a lawyer says that the cutting of dust levels to 0,1mg/mm2 will reduce the rising silicosis problem;and analysts have backtracked on...

AngloGold urges quick action on silicosis compensation

South Africa’s largest gold miner is urging quick action on a compensation structure for silicosis sufferers. AngloGold Ashanti CEO Mark Cutifani tells Mining Weekly Online in a video interview that he would like to see the industry arriving at...

South African mining facing implied $100bn silicosis damage – RBC

The South African mining industry is facing “a very serious” threat from silicosis claims that could result in implied damage of $100-billion, says RBC Capital Markets equity research unit. RBC analyst Leon Esterhuizen and associate analysts...

Harmony Gold shares surge on analysts takeover comment

South African gold-miner Harmony Gold may become a takeover target on the back of the outstanding exploration results seen at the Wafi-Golpu deposit in Papua New Guinea (PNG), RBC Capital Markets said in a report on Thursday. Analysts Leon...

Analysts expect pounded DRDGold to lift itself off canvas

Medium-sized, unhedged gold miner DRDGold, which was beginning to enjoy a brief spell of solid profit, plunged back into a R63,3-million loss in the latest reporting quarter - but analysts expect it to come off the canvass as its surface...

Gold shares to outshine platinum shares, Zim central bank moots mining overhaul, manganese smelter to close for two months

South African gold shares are poised to outdo South African platinum shares in the first half of 2009, Royal Bank of Canada Europe analysts Leon Esterhuizen, Arnold van Graan and Yuen Low calculate.

SA gold shares to outshine platinum shares, says Royal Bank of Canada

South African gold shares were poised to outdo platinum shares in the first half of 2009, Royal Bank of Canada Europe analysts Leon Esterhuizen, Arnold van Graan and Yuen Low said on Monday. In an 11-page analysis, the analysts identified a clear...

Strong poised to grow stronger as platinum industry mulls consolidation

On the one hand, the National Union of Mineworkers (NUM) president Senzeni Zokwana is calling for the creation of a State-owned platinum mining company, and on the other are an acquisitive Impala Platinum and an emerging Xstrata Resources, both...

Booysendal 'next Impala Rustenburg', may replace Leeuwkop – analysts

Shallow Booysendal had the potential to be the next Impala Rustenburg and might replace Impala Platinum’s (Implats') deep Leeuwkop project, Royal Bank of Canada (RBC) analysts said on Monday. RBC Europe analyst Leon Esterhuizen, with associates...