Higher Electricity Costs
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GOLD
Simmers Q1 gold production down 27%
Gold output by South African miner Simmer & Jack Mines (Simmers) fell 27% to 17 879 oz in the quarter ended June 30, 2010, mainly as a result of a 19-day safety closure at its Buffelsfontein mine.
This was compared with the 24 541 oz of gold...
By: Chanel de Bruyn
24th August 2010
GOLD
Merriespruit only remaining potential Harmony closure
The 1 400-employee Merriespruit 1 is the only remaining gold shaft within Harmony Gold's virtually completed restructuring programme that may yet be closed, Harmony Gold CEO Graham Briggs tells Mining Weekly Online in a video interview.
The...
By: Martin Creamer
16th August 2010
LABOUR
De Beers may face strike at SA operations
The National Union of Mineworkers (NUM) has warned that its members could go on strike at diamond miner De Beers’ South African operations, should the parties not be able to conclude a wage agreement.
The trade union on Friday declared a wage...
By: Chanel de Bruyn
3rd May 2010
GOLD
Simmers narrows loss on increased gold production
JSE-listed gold producer Simmer & Jack Mines (Simmers) cut its net loss for the three months ended June 30 to R52,7-million, which was 45% less than the previous quarter, after it boosted gold production by 21%, it said on Tuesday.
By: Matthew Hill
21st August 2007
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