Gold Fields
latest news & developmentsMechanisation is still to come into its own in South Africa’s gold industry
Gold Fields’ South Deep hopes to turn the situation around with its super driller and indications are that extraction will shift from 85% to 93%.
Investing in critical minerals is the only way for a clean energy transition – report
Due to the move to net-zero carbon emissions, demand for these minerals is surging
Green shoots for energy security, bad news for Eskom’s revenue
Additional energy will take demand pressure off Eskom’s strained supply, but the downside will be a reduction in revenue for the power utility
Mines turn to solar power because of Eskom’s unreliable electricity supply
Mines turn to solar power because of Eskom’s unreliable coal-generated electricity supply
Tshiamiso Trust makes due on silicosis payout
Beneficiaries will now be able to apply to get money from the settlement almost two years after the Johannesburg high court ruled on the matter.
New offer to end Gold Fields strike likely to be rejected, says union
NUM downed tools on November 2 in protest against 1 082 employees and 420 contractors losing their positions
Gold Fields set to cut jobs in restructure
The mining company is set to cut more jobs despite numerous restructuring efforts
Parliament won’t probe Mbete’s Gold Fields BEE deal
Parliament has cleared Baleka Mbete of any breach of the code of conduct regarding her share deal with Gold Fields – because she wasn’t an MP in 2010.
‘Busy’ Mbete drops bribery beef
Parliamentary speaker lets go of complaint against newspaper due to her busy schedule
Gold Fields likely to appeal court finding on Oz land claim
The gold producer says it will probably appeal a court decision which found it had no right to mine parts of its New South Wales site.
Full production at Gold Fields’ South Deep mine delayed to 2017
The goldminer says ramp up has been too slow and reaching full production at its only South African mine will be delayed once again.
Sibanye Gold’s mine deal puts hold on retrenchments
The Competition Tribunal has ruled no retrenchments are allowed when Sibanye Gold acquires a majority stake in Gold One’s Cooke operations.
Australia’s Ngadju tribe claim Gold Fields land
The Ngadju people say Gold Fields did not comply with the Native Title Act 1993 when it acquired the mining tenements south of Kalgoorlie.
Gold Fields vice-president resignation unlikely to affect BEE investigation
The US Securities Exchange Commission will continue investigating the BEE deal plaguing the mining firm despite Michael Fleischer’s abrupt departure.
Gold Fields legal chief quits amid probe into BEE deal
Gold Fields’s general counsel Michael Fleischer has resigned amid a probe by the US Securities and Exchange Commission into a BEE sale.