Gold One output jumps 21%
The increase in gold production at Gold One was largely due to development at Modder East.
Kidnapping case looms over Van Kerrebroeck
Alleged company hijacker and diamond thief Dennis van Kerrebroeck is also being investigated for kidnapping the CEO of the company he allegedly tried to hijack.
Great Basin Gold’s sales down
Great Basin Gold has sold 27% less gold sequentially in the third quarter from its operations in Nevada and South Africa.
Central Rand Gold looks to a second coming
Central Rand Gold may well become a modern-day Lazarus after being left for
dead by the markets barely nine months ago.
Pan African sells Manica
Pan African Resources has finally sold its Mozambican gold project, Manica, in a cash and shares transaction potentially worth R52.5m, the company says.
Aurora running out of options
Aurora Empowerment Systems is seemingly losing a race against time to secure the backing of Chinese investors for the acquisition of Pamodzi Gold’s former assets.
Gold miners again take to hedging
Gold mining companies in the second quarter reported their first consecutive quarterly net hedging in 10 years, says GFMS and Societe Generale.
Jim Rogers says bearish on gold
The euro may rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, says investor Jim Rogers.
Randgold rallies as Bristow walks the talk
Shares in Randgold Resources have gained more than 7% after a strong set of results affirmed the erstwhile exploration start-up’s ability to be a one million ounces producer by 2015.
Harmony slides on Q3 output decline
Disruptions at Harmony Gold's Kusasalethu mine was behind the expected 15% decline in third quarter gold production.