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South Deep weighs as Gold Fields fails to break out of net loss

By: Martin Creamer Johannesburg- and New York-listed Gold Fields came within a hair’s breadth of breaking even in the March quarter, when it narrowed the high $491-million net loss position of the December quarter to $0.3-million. Normalised earnings from continuing operations were up $7-million to $21-million for... 

Company Announcement: PMI Gold Corporation Appoints General Manager

PMI Gold Corporation is pleased to announce that it has appointed experienced Ghanaian gold mining executive Charles Amoah as General Manager – Obotan Operations.  

Damang mine, Ghana

By: Lisete Bigala Damang mine is located in south-western Ghana. 

Latest pump offering proves itself

The latest pump offering from slurry equipment solutions provider Weir Minerals, the Warman Mill Circuit (MC) slurry pump, has been trialled at a number of mines in West and Central Africa and has recorded significant success in increasing mill throughput capacity and doubling the lifespan of... 

Software solutions provider awarded Ghanaian gold mine contract

By: Jessica Hannah Mining and exploration software solutions provider Micromine was awarded a contract to implement its Pitram 3 Optimisation software solution at gold producer Gold Fields’ Damang openpit mine, in Ghana, in May. 

Gold Fields expects December quarterly output to be flat

By: Petronel Smit South African miner Gold Fields reported on Monday that its attributable production for the December quarter was expected to be about 900 000 oz, which is similar to the previous quarter and in line with its expectations. The group’s cash costs were expected to be about $730/oz and notional cash... 

West Africa: One of world’s fastest-growing mining investment destinations

By: Martin Creamer Many of the member states of the West African region, seen to be one of the world’s fastest-growing mining investment destinations, have harmonised their mining codes.

By and large, the regulatory framework for the mining industry among the members of the Economic Community of West African... 

Mining code harmony boosts West Africa as mining destination

By: Martin Creamer The harmonisation of many of the mining codes of West African states and the subsequent spirit cross-border infrastructural cooperation is boosting the region as a mining investment destination, Mining Weekly Online can report. By and large, the regulatory framework for the mining industry among... 

Looking to step up international production

By: Jade Davenport The fourth-largest global gold-mining company Gold Fields is currently undertaking a diversification strategy that will balance the group’s asset portfolio worldwide, thereby reducing the company’s exposure to the South African gold-mining industry. 

Gold projects to stabilise SA's falling output

By: Martin Zhuwakinyu A new mantra has emerged at South Africa’s gold-mining houses. And it comprises just two words: organic growth. 

SA Gold goes organic

By: Martin Zhuwakinyu A new mantra has emerged at South Africa’s gold-mining houses.?And it comprises just two words: organic growth. 

Gold No 2 pursues organic growth prospects

South African gold miner Gold Fields - one of the first companies last year to hint that organic growth would be preferable to acquisitions as the gold environment turned increasingly positive - has reinforced this view by announcing a significant increase in its exploration spend and a pipeline... 

Gold Fields pursues big organic growth prospects

By: Terence Creamer South African gold miner Gold Fields - one of the first companies last year to hint that organic growth would be preferable to acquisitions as the gold environment turned increasingly positive - has reinforced this view by announcing a significant increase in its exploration spend and a pipeline... 

Good growth prospects for SA's gold No 2

By: Joanne Delaurentis After a successful end to 2001, this year’s first quarter looks encouraging for South Africa’s second-largest gold producer, Gold Fields. 

Fresh Ghana gold acquisition by SA major

South African gold producer Gold Fields and Toronto-based Repadre Capital Corporation said they had reached a memorandum of understanding with Australia’s Ranger Minerals to buy Ranger’s 90% interest in Abosso Goldfields, an unlisted Ghanaian company holding 100% of the Damang... 

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