SA’s gold industry is running out of growth options. That’s where...
GOLD has been mined in South Africa for about 140 years. Now, the maturity of the resources are beginning to show. It’s costly and...
Better cash returns among 16 demands by gold investors including Paulson,...
GOLD investors including billionaires Naguib Sawiris and John Paulson, have published an open letter to the industry asking producers to improve performance on issues...
Cash flush AngloGold plans $100m Geita expansion
ANGLOGOLD Ashanti said on Tuesday it planned to spend $100m expanding production a fifth at Tanzania mine Geita to 600,000 ounces a year.
The New...
DRDGold to become defensive with cash
Having shelled out R58m buying its own shares in two separate tranches,
DRDGold will enter a period of conservatism while it oversees the completion of
its Ergo consolidation project.
Harmony delivers Kusasalethu miners safely
The gold producer said all 486 miners were returned to surface safely, but the suspension of mining is another blow to the operation.
Gold holds near $4,000 after China tax change
GOLD held around $4,000 an ounce after a weak start on Monday, as China ended a long-standing tax rebate for some retailers, said Bloomberg...
Gold price quickens as Bernanke unveils Q3
The Federal Reserve’s largest and most sustained plan to speed recovery in the US
market by providing it with more cash, known as quantitative easing, could see the
gold price test $1,900/oz.
Barrick puts Kibali imbroglio behind it with agreement to pay DRC...
BARRICK Gold is to pay dividends from the 750,000 ounce a year Kibali mine to the Democratic Republic of Congo (DRC) earlier after heading...
Asanko Gold buys Ghana prospect from AngloGold Ashanti
NEW York-listed Asanko Gold has bought the Miradani prospect neighbouring its Asanko Gold Mine in Ghana from AngloGold Ashanti, and will begin a drilling...
VMR rejects R400m bid for Tau Lekoa, Buffels
Village Main Reef confirmed that it had rejected an offer for its Tau Lekoa mine saying the bid far undervalued the cash generating capacity of the operation.