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Saturday, January 18, 2020

Tag: gold

Gold cards for everyone. How a bank for the forgotten made its investors very...

How do you get a stock to increase 144,000% in less than two decades? For one South African bank, the answer is a relentless focus on customers others forgot. Capitec Bank was...

SA wins first gold medal at World Para Athletics

South Africa seems to be on a sport-high this year, with spectacular achievements at the 2019 World Para Athletics Championships currently on in Dubai. Anrune Weyers won the women’s 400m T47,...

SA’s gold mines in crisis as profitable producers shrink to 20%

The state of SA’s gold mining industry is worse than first thought, with fewer than 20% of gold mines making money at prevailing prices — while large job cuts are forecast...

South Africa’s Sibanye confirms over 2,000 layoffs at gold mines

South African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making Cooke shafts where illegal mining syndicates have...

AngloGold Ashanti debt too high for split of assets: CEO

AngloGold Ashanti’s chief executive has not ruled out the possibility of separating the gold miner’s South African assets from the rest of the portfolio but said its debt remained too high. ...

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Substantial cost savings achieved as Konecranes upgrades old Wolff Crane

A 35 T/15 T Wolff Crane, that was installed in a local metal plant in 1989, was recently upgraded by Konecranes. The modernisation of...

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