Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
New mining method nudging South Deep towards breakeven
DRDGold posts higher H1 profit, output
And, zero external funding a possibility for new $2.6 billion Harmony mine
Gold mining company Gold Fields increased production in the three months to December 31, when it generated $47-million of cash flow.
Gold Fields CEO Nick Holland:
Despite incurring a 15% increase in total cash operating costs for the six months ended December 31, surface gold miner DRDGold achieved a 1% increase in operating profit to R165.9-million
DRD Gold CEO Niël Pretorius:
Gold mining company Harmony said its current expectation was that it would not require any external funding to build the Golpu copper/gold mine with its 50% JV partner Newcrest and buy-in from the Papua New Guinea
government
Harmony South East Asia CEO Johannes van Heerden:
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Edited by: Creamer Media Reporter
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