CRG may be forced to close mine
Central Rand Gold (CRG) may have to close its mine as early as next week after a government order, the Sunday Times reported, citing Bheki Khumalo, spokesman for the Department of Mineral Resources.
Swanepoel granted R9m in Village share options
Bernard Swanepoel and fellow directors were granted share options totaling
R24.2m in value at a price of R1.53/share.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.
Gold eases through $2,000/oz as Covid-19 cases rise, US Congress mulls...
AFTER several days of near misses, gold finally breached the $2,000 per ounce level ending Comex trade $34,70/oz higher to settle at $2,021,00/oz, said...
Gold powers above $1,500
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.
Sibanye-Stillwater suffers $2.58bn in asset impairments
SHARES in Sibanye-Stillwater fell under renewed pressure after the group said in a trading statement on Wednesday that the carrying value of assets had...
Investors take a shine to AngloGold
Shares in AngloGold Ashanti have traded at levels last seen early 2009 - an indication that sentiment for SA’s gold miners may begin to catch up with the ongoing gold rally.
Banro facing share consolidation if fails to add vim to price
BANRO Corporation has six months to conduct a share consolidation or add fresh vim to its share price, the company said in an announcement...
Sibanye-Stillwater approves R6.8bn in gold, PGM projects as focus shifts to...
SIBANYE-Stillwater declared a final dividend of R9.4bn, equal to 321 South African cents a share, for its 2020 financial year, and said it would...
Don’t trust gold shares
For many years - perhaps forever and currently too - investors have believed the prices of gold shares will outperform the gold price itself, even if the latter increases.