Gold Silver Reports (GSR) – South African Gold Producers Reach Lung-Disease Settlement — The agreement provides for compensation for all eligible workers suffering from silicosis or tuberculosis who worked in the companies’ mines at any point since March 1965, the parties said in a statement Thursday. The six producers, which also include AngloGold Ashanti Ltd. and Gold Fields Ltd., last year set aside about 5 billion rand ($390 million) to settle the lawsuit. The settlement will be submitted to South Africa’s South Gauteng High Court for ratification.
Gold Producers
`Disastrous’ Deals Sideline Gold-Mining M&A as Metal Rises
Gold Silver Reports – `Disastrous’ Deals Sideline Gold-Mining M&A as Metal Rises — Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world’s major goldproducers have cut way back on mining deals — even as metal prices posted their biggest rally since 2010.