Let mine waste pay for mining’s cleanup, says Niël Pretorius
DRDGOLD CEO Niël Pretorius has spent much of the past two decades trying to show that cleaning up the legacy of South Africa’s gold mining industry does not simply have to be an…
DRDGold won’t rush Withok as tailings project slips to 2029
DRDGOLD is giving itself more time to develop its Withok tailings storage facility, saying the long-term importance and complexity of the project mean it cannot afford to rush…
Gold price boost lifts DRDGold profit 83% in ‘year of delivery’
DRDGOLD benefited from a 40% increase in the average gold price in its 2026 financial year, helping operating profit jump 83% even as the company invested R3.5bn in expansion…
For Sibanye-Stillwater, home is where the ore is
SIBANYE-Stillwater got its name as a result of offshore expansion, but following a damaging decline in metal prices that exposed its balance sheet, its new CEO is promising a…
DRDGold earnings set to nearly double as projects deliver
DRDGold expects full-year earnings to rise by as much as 95% after higher gold prices and better-than-expected production. Key projects in its Vision 2028 expansion also moved…
DRDGold needs SA’s dilatory Govt to play ball. Will it?
THE mining of surface gold dumps ought to be much simpler than underground mining. Instead of descending into the earth’s depths, which poses challenges from ventilation to…
DRDGold waiting on permits before completing R10bn expansion
DRDGOLD said this week it had not yet received permitting for its proposed R10bn expansion to 200,000 ounces even though half the capital had been deployed and some new assets…
Sibanye-Stillwater will look to Africa for new gold output
SIBANYE-Stillwater has raised the prospect of weighing new gold acquisitions in Africa when returns to dealmaking in the future. “I can speculate on where I see our gold future…
JSE gold shares surge on hopes of US-Iran deal
GOLD and silver recorded their sharpest gains in about a month on Wednesday as optimism grew that the US and Iran are approaching a deal to end their war, pushing the dollar and…
DRDGold upbeat on dividend after third quarter cash boost
DRDGOLD increased cash nearly R600m in the third quarter, and remained debt free, while forging on with a major capital expansion programme – all thanks to the gold price. In an…
Soaring metal prices give Sibanye-Stillwater stellar start to 2026
SOARING gold and platinum prices made all the difference to Sibanye-Stillwater in the March quarter boosting group adjusted earnings before interest, tax, depreciation and…
Record gold prices fail to lift SA output
RECORD gold prices are prompting South Africa’s mining industry to pursue alternative extraction methods, but a meaningful increase in the country’s stubbornly low production…
Harmony studying plans to expand surface gold output
HARMONY Gold is weighing up plans to expand its surface remining activities which includes development of tailings facilities accessing 5.7 million ounces in gold resources in…
Waste not, want not: DRDGold’s R2.7bn bonanza
IT’S fair to say that almost no-one saw DRDGold as a multibillion-rand-market-cap miner over a decade ago. Back in 2015, at R2.45 a share, most had written it off as a weird…
DRDGold moots plan to buy Sasol’s cyanide facility
DRDGOLD CEO Niël Pretorius has highlighted the danger posed to South Africa’s gold producers by shortages of sodium cyanide produced by Sasol which is the country’s only…
Sibanye-Stillwater to recognise R5.3bn in impairments
SIBANYE-Stillwater will report another set of all-action but ultimately noisy financial numbers for its 2025 financial year on Friday. Full year basic earnings will reflect a…
DRDGold makes light of R10bn outlay with record dividend
DRDGOLD raked it in during the six months to end-December as an average gold price received of $3,788/oz (R2.1m/kg) transformed the gold dump retreater’s results despite a…
Sibanye-Stillwater cuts gold reserves as Kloof curtailed
SIBANYE-Stillwater’s gold mineral reserves fell 6.3% to 9.4 million ounces at end-December owing to a significant writedown at its Kloof mine in Johannesburg. The…
DRDGold finalises five-year wage deal at Ergo
DRDGOLD has concluded a five-year wage agreement with unions at its Ergo operations, heading off strike action that had been scheduled to begin on December 18. The agreement,…
Sibanye-Stillwater targets R3bn savings in back to basics strategy
SIBANYE-Stillwater has targeted R3bn in cost savings over the next two years as part of newly launched strategy focusing on simplification and organic growth. “Spoiler alert:…