Workers down tools at Gold One’s Modder East
Gold One International said it had issued an ultimatum to striking workers at its
Modder East mine and would consider dismissal as the walk out was unprotected.
AngloGold sees gold at $1,600
The direction for gold looks like it may continue to be strong on the upside, says AngloGold Ashanti CEO Mark Cutifani.
No quiet exit for First Uranium
The chances of First Uranium being afforded a dignified death seem slim as
disgruntled shareholders are organising a rebellion against the disposal of key
assets.
AngloGold reports Savuka fatality
AngloGold Ashanti has reported a fatality at its Savuka mine near Carletonville, following a fall of ground accident.
First Uranium outlines stark choices
First Uranium has spelled out the possible consequences if shareholders reject the sale of the company’s key assets to AngloGold Ashanti and Gold One International.
Village Main’s Buffels spared the axe
Village Main Reef’s Buffelsfontein mine will stay in business, with the higher gold
price and improved production offering the mine lifeline, for now.
Gold One again under ASX spotlight
The Australian Stock Exchange has for the third time in as many months queried Gold One International on the company’s share trades and corporate activities.
GFMS: gold to breach $2,000 by year-end
Gold prices are likely to break through $2,000 an ounce by year-end to new record highs, says metals consultancy GFMS.
Hedge-free AngloGold sees cash coming in
AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.
Wits Gold strategy remains “intact’
Junior miner Wits Gold says its strategy to become a profitable mid-tier gold
producer remains unchanged, despite the breakup of its proposed venture with
Pan African Resources.