The chief executive of Sibanye-Stillwater has floated the idea of South Africa’s biggest mining companies merging to rival the world’s largest gold producers Newmont and Barrick Gold. Neal Froneman said he believed that combining Sibanye with fellow JSE-listed miners Gold Fields and AngloGold Ashanti would be...
Mining giant Gold Fields has declared that it will lose 32,000 ounces of production at its South Deep mine in South Africa following a nationwide lockdown to tackle the spread of COVID-19. The international gold producer said the mine in Western Gauteng had commenced a staged...
South Africa’s mining industry made modest growth during the second quarter of 2018 according to latest figures from Statistics SA. Month on month, mining production increased by 2.8% in June, enough to pull the world’s fifth largest mining industry (in terms of economic value) out of...