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FILE: Miners at a Gold Fields mine. Picture: Gold Fields Limited Facebook page

Gold fields

Gold Fields sees 300% profit rise on gold rally

By Reuters

Gold Fields has already said the COVID-19 pandemic would have a limited negative impact on its performance, even though miners have had to shut operations...

  • Sibanye-Stillwater's Kloof mine on the West Rand. Picture: Sibanyestillwater.com

    SA mining firms work together against COVID-19 as mines reopen

    President Cyril Ramaphosa agreed last week to partially ease a national lockdown that temporarily shut all mines, except for some production of coal, the main fuel used for power generation in Africa’s most industrialised nation.

    748 days ago
  • FILE: Miners at a Gold Fields mine. Picture: Gold Fields Limited Facebook page

    Gold Fields third-quarter production falls

    South Deep has faced numerous operational obstacles in a tough geological setting 3 km below the surface and is undergoing restructuring that would cut around about 1,100 jobs.

    1285 days ago
  • Amcu president Joseph Mathunjwa briefs the media on 4 August 2018. Picture: Kayleen Morgan/EWN

    'The revolution is imminent'

    Joseph Mathunjwa warned last week of unspecified industrial action by his Amcu at Implats over its plans to cut around a third of its workforce, in a bid to return to profits in the face of depressed prices and soaring costs.

    1369 days ago
  • FILE: Miners gather during commemorations to mark the fourth anniversary of the Marikana Massacre in Rustenburg on August 16, 2016. Picture: AFP

    Put your foot down on job cuts, Marikana miners tell Ramaphosa

    Napoleon Webster says that President Ramaphosa should exercise his power in dealing with mine management who are determined to retrench workers.

    1369 days ago
  • FILE: Mineral Resources Minister Gwede Mantashe. Picture: Thomas Holder/EWN.

    I’m not considering resigning, says Gold Fields CEO

    Mining Minister Gwede Mantashe has said Gold Fields’ plans to slash jobs is taking the ‘easy way out’ and avoids tackling the real issue of poor management.

    1369 days ago
  • FILE: Mineral Resources Minister Gwede Mantashe. Picture: Thomas Holder/EWN.

    Mantashe: Going for job cuts in mine sector the easy way out

    Gold Fields, which is due to report half-year results later, said this week it would cut 1,100 permanent jobs at its South Deep mine, sending its shares plummeting.

    1370 days ago
  • FILE: ANC NEC member Zizi Kodwa. Picture: Ihsaan Haffejee/EWN

    [LISTEN] Kodwa: ANC emphatically against mining sector retrenchments

    Radio 702's Karima Brown interviews the ANC's head of presidency, Zizi Kodwa.

    1370 days ago
  • Miners at a Gold Fields mine. Picture: Gold Fields Limited Facebook page

    Gold Fields' CEO says South Deep lay-offs 'last-gasp measure'

    The company made the announcement on Tuesday, citing mounting losses and a 'consistent failure to meet mining and production targets' among the reasons for the move that could see a third of its labour force trimmed.

    1371 days ago
  • Mineral Resources Minister Gwede Mantashe. Picture: @DMR_SA/Twitter

    Mantashe vows to confront Minerals Council over job losses

    Minister Mantashe says mining companies should find ways they could optimise production and not run to cutting jobs.

    1371 days ago
  • FILE: Mineral Resources Minister Gwede Mantashe. Picture: @GCISMedia/Twitter.

    Look for other options before retrenching, Mantashe tells mines

    This follows Gold Field's announcement on Tuesday morning that it may shed at least 1,500 jobs.

    1371 days ago
  • Miners at a Gold Fields mine. Picture: Gold Fields Limited Facebook page

    Gold Fields plans to slash jobs in mine restructure

    The bullion producer said it would restructure its last South African asset as it can no longer sustain losses.

    1372 days ago
  • FILE: The Constitutional Court. Picture: Christa Eybers/EWN

    [OPINION] Why South Africa needs formal rules for class action lawsuits

    South African shareholders and the Dutch Investors Association plan to launch a lawsuit against Steinhoff following allegations of accounting fraud.

    1534 days ago
  • FILE: Miners at work in a shaft. Picture: AFP

    Miners’ silicosis lawsuit close to settlement - report

    The suit was launched almost six years ago on behalf of miners suffering from silicosis, a fatal lung disease contracted by inhaling silica dust in gold mines.

    1560 days ago
  • FILE: Miners walk down a mine shaft. Picture: AFP

    SA's Gold Fields quarterly bullion output rises 3%

    Gold Fields, which also has operations in Australia, West Africa and South America, saw gold production rising to 567,000 ounces for the quarter ended 30 September.

    1667 days ago
  • Sibanye Gold's Cooke 1 shaft. Picture: Sibanyegold.co.za

    Sibanye Gold sets aside R1.1bn for possible settlement

    A class action suit, mostly relating to the fatal lung disease silicosis, was filed on behalf of miners in 2012.

    1734 days ago
  • Miners at work in a mine shaft. Picture: AFP

    Gold Fields, Anglo American set aside millions for possible silicosis settlement

    The mining companies released their earnings figures on Thursday.

    1754 days ago
  • Picture: Supplied.

    Gold Fields confirms miners' death in Vereeniging

    A mineworker has died in a fall of ground incident following a 1.5 magnitude seismic activity.

    2073 days ago
  • Supporters of the sick former mineworkers outside the Johannesburg High Court. Picture: Gia Nicolaides/EWN.

    South African mining firms to appeal silicosis ruling

    The court decision allowed class action suits seeking damages for up to half a million miners.

    2173 days ago
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