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Great Basin widens loss

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Great Basin Gold has reported a wider pre-tax quarterly loss, hurt by higher expenses.

Gold crunch to test DRDGold’s capex strategy

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Almost seven years of capital investment by DRDGold will boil down to this year with the gold price collapse testing the resilience of the gold treatment firm's model.

Gold surges towards $2,000/oz taking JSE’s gold shares up 5% in...

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JOHANNESBURG'S gold index surged over 5% in the first two hours of trade as the dollar gold price moved through $1,900/oz towards $2,000/oz as...

Gold set to extend gains, peak in 2011

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Gold's record-breaking climb should continue for at least six months, corresponding to the planned duration of the USA's monetary stimulus, according to an analyst poll.

Rand helps SA gold firms absorb Eskom hike

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Assuming a relatively stable gold price of $1,400/oz, SA gold shares can start to offer some value with the rand weakness already offsetting power tariff increases.

CRG may be forced to close mine

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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.

AngloGold lays down new chapter of 350,000 oz/y for Sunrise Dam

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ANGLOGOLD Ashanti has set down plans to transform the performance of its Sunrise Dam mine in Australia which could produce as much as 350,000...

B2Gold to extend Fekola after deal with Mali on mining code

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B2GOLD is to proceed with extension projects, including an underground mining project, at its Fekola Complex after resolving a dispute with the Mali interim...

Gold Fields merges Kloof and Driefontein

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Gold Fields has merged its flagship Kloof and Driefontein mines, shedding 115 top management jobs in the process, as it looks to lower costs and improve profit margins.

Endeavour aims at Ity expansion to 300,000 oz/year after first gold...

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ENDEAVOUR Mining may double the throughput of its recently completed Ity CIL project which it completed at a cost of $420m producing as much...