South African mining groups doing well in South America

South America is a continent whose richness in natural resources became legendary through myths such as El Dorado or the Emerald Mountain. Neither of these ever existed, of course, but today the continent produces antimony, bauxite, coal, cobalt,...

South African mining groups doing well in South America

South America is a continent whose richness in natural resources became legendary through myths such as El Dorado or the Emerald Mountain.

Gold Fields achieves cyanide code accreditation seven of its mines

Gold mining major Gold Fields has recently become the first mining group, registered as a signatory with the International Cyanide Management Institute (ICMI), to obtain accreditation for all its eligible operations from the International Cyanide...

Gold Fields to boost Q4 output by 4%

South Africa-based gold-miner Gold Fields would again increase its gold production by 4% in the fourth quarter of the 2009 financial year, it said on Friday. In May, the company reported that it had increased production by 4% to 871 000 oz in the...

Gold Fields restructures executive team

A growing global footprint has prompted the world’s fourth-largest gold-miner Gold Fields to reorganise and strengthen its executive team, with the group’s international portfolio now split into three portfolios. “These changes will...

Gold Fields sees higher quarterly output, eyes acquisitions

JSE-listed gold producer Gold Fields was likely to reach its short-term production target of one-million ounces in the March quarter, CEO Nick Holland said on Wednesday. The company, Africa’s second-largest gold producer, produced 798 000 oz in...

Electricity and gold price affect headline earnings

JSE- and New York Stock Exchange-listed gold miner Gold Fields announced its R1 246-million headline earnings for the March 2008 quarter in the group’s quarterly report released in May 2008.

Daily podcast – July 14, 2008

In today's podcast: the newly launched Enterprise Investment Programme could in the long-term evolve into a tool to support the agriculture industry, World Bank President Robert Zoellick expects food prices to remain above 2004 levels until at...

Gold Fields grows international assets as it targets 5Moz

Africa’s second-biggest gold producer, Gold Fields, had plans to produce five-million ounces of the yellow metal in the next three to four years, from the current four-million ounces. Senior vice president: North American investor relations,...

Gold Fields mulls South American growth prospects

Gold-miner Gold Fields hopes to produce one-million ounces a year of gold equivalent in South America within the next three to four years, or at least to be well on its way to that target. Its new Cerro Corona mine in Peru, scheduled to start...

Gold Fields expects to complete safety review of pillar-mining method next month

All resources companies that mine pillars in South Africa would have to embark on a review process of this type of mining, which Gold Fields hoped to complete on its operations in August, a company official told Mining Weekly Online. “Everybody...

Cockerill departs Gold Fields for unnamed group, dismisses Angloplat rumours

Number-two African gold producer Gold Fields on Monday announced that CEO of six years Ian Cockerill will leave the company at the end of April to join a non-gold producer, and CFO Nick Holland will replace him. There was some market speculation...