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Gold Fields production down due to unbundling of certain assets in South Africa into a newly created company called Sibanye Gold. [45] 3 of the companies took on major writedowns on their assets in the last quarter of 2011 and that affected their annual profits (Newmont $1.6B, Kinross $2.94B, Agnico-Eagle Mines $644.9M).

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South Africa's Sibanye declares war on illegal gold, Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as .

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