Gold Fields’ South Deep heads for Q1 break-even
Better-than-expected production and an increase in the rand gold price could see Gold Fields' South Deep project break-even much sooner than forecast.
HSBC ups gold outlook
HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.
Sibanye’s Froneman calls for SA president Jacob Zuma to quit
SIBANYE Gold CEO, Neal Froneman, believed it was time for South African president Jacob Zuma to relinquish power as governance issues were deterring investment.
In...
Gold rally delivers windfall for SA’s mining investors
SURGING gold prices are generating substantial benefits across emerging economies, strengthening investor confidence in nations that produce and accumulate the precious metal, said Bloomberg...
Hummingbird to develop $90m Guinea project following all-scrip deal with Cassidy...
HUMMINGBIRD Resources said it will double production following agreement with Cassidy Gold Corporation to swap shares for control of the Canadian firm's Kouroussa gold...
Needle pointing in right direction for Acacia as momentum returns to...
THERE was a growing understanding in Tanzania that there were "no winners" as a result of the two-year dispute between the country's government and...
El-Raghy to relinquish executive duties at Centamin in 2018
CENTAMIN unveiled a number of board and management changes including the proposed retirement of Josef El-Raghy, the company's executive chairman who was responsible for steering...
AMCU could halt gold sector central bargaining
The Association of Mineworkers & Construction Union has upped the ante with the Chamber of Mines saying it is opposed to central bargaining in the gold sector.
More cash as SA gold firms make “final offer”
South African gold producers promise to pay R12,500 and R13,200 per month for entry-level workers in three years as a key concession in its "final offer".
Harmony bullish on cash flow after quarter output rises 10%
THE good news story at Harmony Gold looks set to continue until the year-end at least after the company said September quarter production was...