Gold One misses target, blames labour

South African gold miner Gold One has blamed labour actions and the slower-than-expected start up of operations following the Christmas break, for missing its March-quarter production forecast by 9%, or 6 375 oz. The ASX- and JSE-listed miner...

SA may turn to private sector for help with mine-water pollution

The South African government is considering turning to the private sector to help it close the prevailing funding gap to implement projects to deal with the serious acid mine drainage (AMD) problem being experienced across the Witwatersrand...

Water Affairs confirms movement on long-term AMD study

South Africa’s Department of Water Affairs (DWA) has confirmed that a feasibility study has been initiated to assess longer-term solutions for South Africa’s acid mine drainage (AMD) problem. The investigation began in December and should be...

West Rand ‘Ergo’ on cards as Gold Fields, Gold One mull gold/uranium JV

“It’s potentially another Ergo”, is how Gold One CEO Neal Froneman describes the Gold Fields/Gold One plan to combine and reprocess their West Rand surface deposits. The aim of the proposed joint venture (JV) will be to recover a potential...

TCTA again warns of funding shortfall for acid water projects

South Africa’s Trans-Caledon Tunnel Authority (TCTA) reports that it is making some progress in implementing emergency and near-term projects designed to deal with the problem of acid mine drainage (AMD) arising on the eastern, central and...

Gold One completes Rand Uranium acquisition

South African miner Gold One on Monday reported it had completed the acquisition of Rand Uranium for $250-million, after fulfilling all the conditions precedent. Gold One said in a statement that it had now settled $137.7-million of the purchase...

Gold One meets 2011 sales target

ASX- and JSE-quoted Gold One said on Thursday it hit its 2011 gold sales target, thereby avoiding triggering a “claw-back” in its takeover deal with a Chinese consortium called Jintu. The group, led by Baiyin Non-Ferrous, had acquired 89% of...

Cooke uranium project, South Africa

Gold One is in the process of acquiring Rand Uranium subject to the necessary consents being obtained from the Department of Mineral Resources.

Affected communities have not beeen consulted on AMD solution, activist says

No consultation process has been carried out on the proposed acid mine drainage (AMD) solution for the affected individuals, says Federation for a Sustainable Environment (FSE) CEO Mariette Liefferink.

Aberrant production practice rearing its head in mining, says security executive

A new aberrant production practice is rearing its head in mining, says the executive of a security company.

Aberrant production practice rearing its head in mining, says security executive

A new aberrant production practice is rearing its head in mining, says the executive of a security company. The new mining malaise allegedly comes in the form of the irregular creation of undisclosed production streams that benefit insiders.

AngloGold, Gold Fields, Harmony workers to down tools

Workers at AngloGold Ashanti, Gold Fields, Harmony and Rand Uranium would go on strike on Thursday evening, after a deadlock over wages. Gold companies represented by the Chamber of Mines (CoM) were offering between 8.5% and 9% for entry-level...