Monday, September 25, 2017

AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.

Harmony's Graham Briggs insists the firm is in good shape, but analysts think his successor, Peter Steenkamp, has a job of work on his hands.

Simmer and Jack stock recovered from near 12-month lows on Thursday, after its board clarified an alternative financial structure to the proposed R360m rights offer.

Even in today's gold bear market, the idea of hedging gold is rejected by miners, but shouldn't risk protection have some place?

A striking workforce is not the only challenge Village Main Reef faces at its recently acquired Blyvoor mine.

Metallon Gold, the company owned by Mzi Khumalo, is planning acquisitions and growth in Zimbabwe despite the difficulties in operating in the country.

There is great excitement about a promising new technology which could make deep underground mining possible and ensure the future of SA's gold industry.

GOLD Fields will keep the gold industry's feel-good factor pumping when it reports a 14 US cents increase in interim share earnings next month....

The hefty decline in the price of gold this year has wiped $560bn off the value of Central Bank gold holdings which own about 19% of all gold ever mined.

Liquidator Enver Motala confirmed Aurora Empowerment Systems had received a sum of money to pay salaries at its mines and other basic services, but declined to divulge the actual amount.