SA mine strike 'counterproductive', says Chamber

South Africa's Chamber of Mines (CoM) was "disappointed" with the strike that curbed mining production in the country on Wednesday, saying that the action was "counterproductive", senior executive Frans Barker told Mining Weekly Online. He said...

Simmers lifts Q3 gold production by 16%

JSE-listed gold-miner Simmer & Jack Mines (Simmers) increased its gold production for the December quarter by 16% to 41 046 oz, when compared with the figure for the corresponding period the previous year, it said on Tuesday.

Anglo’s earnings rise, production flat

The world's second-biggest bullion producer AngloGold posted an expected slight rise in fourth quarter earnings on Friday, but added that production was flat, leaving analysts unimpressed.

AngloGold reports solid earnings

AngloGold, which won a takeover battle this week for Ghana's Ashanti Goldfields, posted an expected dip in third-quarter profits at the weekend on a weak dollar and higher labour costs.

Gold producer's earnings dip despite higher output

South African miner Avgold boosted gold output by mining richer ores, but posted a quarterly paper loss yesterday due to unrealised losses on foreign exchange instruments as the local currency surged.

AngloGold reports lower earnings, higher output

South Africa's AngloGold, the world's second-biggest gold-producer, said yesterday a robust rand trimmed second quarter earnings, but the decline was partly cushioned by higher gold output.

Wage crisis could be averted – analysts

South African mineworkers and gold mining firms are likely to forge a last-minute pact to head off a threatened strike since a stoppage would batter both sides, analysts said on Friday.