Much of the overall decline in reported gold output was due to a significant quarter-on-quarter production declines from AngloGold Ashanti, Goldcorp, and Sibanye Gold.
The miner, which is the world’s No.4 bullion producer, said unreasonable wage demands and escalating power costs in South Africa will likely push the country’s industry down the slippery slope.
Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.
Report shows there are 39 assets in production within the Ebola-affected region.
They will look at compensation and medical care for workers with occupational lung disease or "silicosis."
Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals.
Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.
Investors unhappy with $2 billion equity raising convinces world number three producer to drop restructuring plans.
The miner has revealed a major restructuring involving a plan to raise $2.1 billion in a rights issue and spin its international assets into a new London-listed company.
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
Firm also working to restructure Obuasi mine in Ghana.
After the WHO declared the current outbreak an “international public health emergency.”
Forecast slump in gold prices to drive more mine sales, says the firm.
Decision comes on the heels of a finished inventory of permits, which aimed to clean up the sector.
Pipeline seen saving miner millions.
As members pay per ounce of metal produced, both companies said they had to look at the cost-benefits of staying in the organization.
Navachab had gold Mineral Resources of 3.91 million ounces.
The union leading the five-month strike in the platinum sector take any industrial action affecting gold producers.
Preliminary investigations indicate the deceased, an electrician, was fatally injured in a heavy equipment incident.
AngloGold had agreed to sell its Navachab gold mine to a private group, but the country's wants a piece of the pie too.
Despite extreme measures taken by gold miners to balance their books, the sector continues to suffer the aftermath of last year’s precious metal price nosedive.
The miner is also said to be ready to shut down operations at its Obuasi gold mine, in Ghana, for up to two years.
Platinum belt already paralyzed.
Labour action would halt production at the world's top three platinum producers.
After its first quarter of operation, the $1.7 billion project in the DRC is now expected to meet its forecast of 550,000 ounces for the current year.
Study claims the massive project would jeopardize a river basin, potentially reducing water supply for agriculture and consumption.
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