Gold One to announce possible takeover next week

ASX- and JSE-listed Gold One, said on Friday that the Australian bourse has granted the trading halt of its securities, until it announced a change of control transaction. The company, headed by CEO Neal Froneman, told Mining Weekly Online that...

Modder East mine, South Africa

A gold mine in Gauteng, South Africa.

Gold One pledges to create another 100 jobs

Junior gold-miner Gold One has committed to training and permanently employing over 100 people, on top of the 1 000 people already employed by the company. Gold One spokesperson Ilja Graulich told Mining Weekly Online that the additional staff...

Gold One says no deal yet with NUM workers

ASX- and JSE-listed Gold One on Wednesday denied that it had reached an agreement with National Union of Mineworkers (NUM) members at its Modder East mine, in South Africa’s Gauteng province, who were proceeding with a fifth week of industrial...

Police called in as striking Gold One workers damage property

JSE- and ASX-listed gold-miner Gold One said things were relatively quiet at its Modder East mine on Thursday, after police were called in on Wednesday to deal with some striking workers who the company said had been damaging the mine’s...

Gold One’s Modder East strike in fourth week

There seems to be no end in sight for a wage strike at ASX- and JSE-listed Gold One’s Modder East mine, in South Africa’s Gauteng province, as the industrial action entered its fourth week on Tuesday. National Union of Mineworkers (NUM)...

Gold One wage talks ‘collapse’ – NUM

No resolution had yet been reached in the wage talks between Gold One and the National Union of Mineworkers (NUM), with industrial action continuing at the gold miner’s Modder East mine, in South Africa’s Gauteng province. NUM spokesperson...

Daily podcast – April 7, 2010

South Africa has the opportunity to become the centre of mining finance; and South Africa's National Union of Mineworkers and Gold One resume talks at the CCMA.

CCMA talks in Gold One, NUM dispute continue

South Africa’s National Union of Mineworkers (NUM) and Gold One on Wednesday morning resumed talks at the Commission for Conciliation, Mediation and Arbitration (CCMA). The labour union and the gold miner started talks with the CCMA on Tuesday...

Daily podcast – March 26, 2010

Metorex enters into a new copper hedge deal that is significantly less onerous than the one from which it will be extricated by the end of June; and Gold One plans to resume talks with South Africa's National Union of Mines.

Gold One to resume wage talks with union on Friday

Junior miner Gold One plans to resume talks with South Africa's National Union of Mines (NUM) on Friday, after its entire workforce at the Modder East operations, on Gauteng's East Rand, went on strike over a wage dispute on Tuesday night. The...

Workers down tools at Gold One’s Modder East mine

Junior miner Gold One's entire workforce at its Modder East operations in South Africa downed tools on Tuesday night, as part of a strike over wages. The striking employees are demanding a living-out allowance as many of the workers at the mine,...