Gold Fields Limited
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Sibanye calls for mega-merger with AngloGold, Gold Fields
Sibanye Stillwater (JSE: SGL; NYSE: SBGL) said on Monday that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (NYSE: NEM) and Barrick Gold (TSE: ABX; NYSE: GOLD), or risk being acquired. Chief…
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Hexagon and Gold Fields complete safety project installation in Ghana
Hexagon’s mining division announced the completion of a significant safety installation with Gold Fields in Ghana. More than 220 mine vehicles were equipped with Hexagon’s MineProtect Collision Avoidance System (CAS) at Gold Fields’ Tarkwa Mine in Ghana’s western region. MineProtect’s…
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Franco-Nevada posts record revenues, income
With most major mining assets back up and running after COVID-related stoppages earlier this year, and amidst strong commodity prices, royalty company Franco-Nevada has reported record third-quarter financial results. These include new records in revenues recorded, at US$279.8 million, adjusted…
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Australian consortium aims to revolutionize gold plant data analysis
Gekko Systems is part of a consortium that has received funding from the METS Ignited Growth Centre, in Australia, to commercialize a solution for collection and analyzing gold plant data in real time. The project aims to revolutionize the industry’s…
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INTEROPERABILITY: RPMGlobal teams up with Australia’s Testlab to advance mining standards
AUSTRALIA – RPMGlobal has partnered with the University of Western Australia’s (UWA) Energy and Resources Digital Interoperability Industry 4.0 (ERDi i4.0) Testlab and Enterprise Transformation Partners (ETP) to help advance standards-based interoperability for the mining industry. Under the partnership, RPMGlobal…
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MINERAL PROCESSING: Outotec to deliver equipment for Gold Fields in Chile
CHILE – Outotec has won a contract to deliver process equipment to Gold Fields’ Salares Norte greenfield gold project in the country’s Atacama region. The contract was booked with the company’s second quarter orders at approximately €14 million. Outotec’s scope of work…
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COVID-19: South African mines to suspend operations for 21 days
On Monday evening, South Africa’s president Cyril Ramaphosa announced a 21-day nationwide lockdown as of midnight on Mar. 26 to slow the spread of the COVID-19 virus. As a result, companies operating mines in the country, such as Anglo American,…
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PERMITTING: Gold Fields receives EIS approval for Salares Norte
CHILE – The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields’ Salares Norte project in northern Chile — paving the way for the company to proceed with a construction decision in the first half of 2020.…
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COPPER-GOLD: Gold Fields takes 16% stake in Chakana Copper
PERU – One of the largest gold mining companies in the world has taken a shine to Vancouver-based Chakana Copper and its Soledad project in Peru. South African Gold Fields is spending $8 million to buy 15.69 million Chakana shares at $0.51 per…
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GOLD: Gold Fields plans mega solar power plant at Grannie Smith
WESTERN AUSTRALIA – South African-based Gold Fields has announced plans to build one of the world’s largest solar power and battery facilities at its Granny Smith gold mine 400 km northeast of Kalgoorlie. The system will be powered by more…
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GOLD: Court sides with Gold Fields as South Deep strike continues
SOUTH AFRICA – The strike by National Union of Mineworkers (NUM) members that began on Nov. 2 continues at the South Deep gold mine. About 150 to 200 union members blockaded the entrances to the mine. The job action began…
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GOLD: Gold Fields restructures South Deep operation
SOUTH AFRICA – Johannesburg-based Gold Fields has announced a restructuring at its South Deep gold mine. The mine, located 45 km southwest of Johannesburg in the Witwatersrand Basin, has been a challenging operation since Gold Fields purchased it from Barrick…
