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Rupert family score big in gold-backed ETFs

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INVESTORS that held the proverbial golden egg — in other words, physical bullion — can’t quite claim a 50-fold return, but a 600%-plus return...

Gold lobbyist says global sector can bridge the ESG gap in...

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THE economic and social pressures of the Covid-19 pandemic have provided the world’s gold industry with a unique opportunity to respond to the question:...

Gold hedging losses to knock Pan African profits 23%

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PAN African Resources was on the wrong end of its hedging contract in the 12 months ended June booking a $5.8m loss on one...

Barrick raises Q2 gold output but copper price weakness to weigh...

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BARRICK Gold increased second quarter gold production but said it had received a lower average price for copper amid a recent sell off in...

Pan African will protect rights in IFM rescue

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Cobus Loots, CEO of Pan African Resources, said he would protect the firm's contract to treat the tailings of International Ferro Metals now in business rescue.

Sibanye debut masked by ETF sales

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It's about a month since Sibanye Gold began life on the JSE. Liquidations of gold-backed ETFs, however, have muddied the waters on the gold stock's debut.

Central Rand Gold seeks image makeover

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Central Rand Gold is seeking to restore its credibility in the market as it prepares shareholders for a future fundraising, saying it is working on the details of a credible long-term strategy.

Barrick tables 50/50 deal with $300m sweetener in bid to end...

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BARRICK Gold CEO, Mark Bristow, made short work of negotiations with the Tanzanian government in an effort to end its near two-year dispute with...

Finger of blame falls on Pamodzi liquidator

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Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.

Sawiris opens talks with Egyptian Govt. over buying 51% stake in...

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NAGUIB Sawiris, the Egyptian billionaire-turned-gold bull is holding talks to buy a 51% stake in Shalateen, the state-owned mining company, said Reuters. Sawiris chairs private...