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Silver could top 2011’s precious pack

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Platinum is drawing investment as a financial asset and palladium boasts an enviable market balance, but silver could top the precious pack this year, says GFMS's Philip Klapwijk.

Kibali mine running by 2014 – Randgold

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Randgold Resources and Anglogold Ashanti's Kibali joint venture in northeastern Congo will be fully operational by the beginning of 2014, says Randgold's CEO.

CRG’s let-off a boost to acid drainage plans

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The Department of Mineral Resources’ decision to let Central Rand Gold continue with mining has removed a major obstacle for dealing with acid mine drainage.

CRG’s great expectations amid licence row

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Central Rand Gold says it may become one of SA’s lowest cost gold producers and be the solution to rising acid mine water, if only the courts will return its revoked mining right.

Gold choppy, but safe bet in long term

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The outlook for gold would remain choppy, analysts said, with repeated liquidations, but in the long-term the metal would serve as a base to offset broader economic risks.

DRDGOLD lets go of alter ego

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DRDGOLD has nailed its colours to the mast, saying it will focus solely on low-cost operations and shed the last remnant of its erstwhile reputation as a leveraged gold miner.

Swanepoel granted R9m in Village share options

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Bernard Swanepoel and fellow directors were granted share options totaling R24.2m in value at a price of R1.53/share.

Gold hovers around $1,600, eyes euro zone summit

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Spot gold is trading around $1,600, with investors waiting for the outcome of a euro zone summit on Greece's debt crisis, while concerns around the US debt ceiling talks continue to support sentiment.

Gold Fields output stays flat

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Gold Fields has reported first-quarter production figures of 827,000 ounces, largely flat compared to Q1 2011's 830,000oz.

Harmony sees gold at $1,500/oz in 2011

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Harmony Gold, the world's fifth-largest gold miner, expects gold to rise further this year and trade at around $1 500 an ounce in 2011.