Home News Gold Page 161

Gold

Van Kerrebroeck fights back

Canadian businessman Dennis van Kerrebroeck has hit back hard at his accuser Mashudu Nengwenda in affidavits filed today at the South Gauteng High Court over an alleged company hijacking.

Randgold “still scrambling” at Obuasi

Randgold Resources CEO, Mark Bristow, said it was impossible yet to call whether the UK firm would take on the joint recapitalisation of AngloGold's Obuasi.

Criminal miners may be behind Phakisa explosion

Harmony Gold Mining has hinted that criminal miners might have been behind last week's explosion at its Phakisa mine in the Free State.

Mine plans, not warring personalities, to decide Barrick, Newmont takeover tussle

THE nuts and bolts of achieving synergies in Nevada is likely to be the deciding factor in whether shareholders turn down Newmont Mining's bid...

Barrick to record ‘material impairment’ of Acacia investment as predicament worsens

BARRICK Gold said it would impair its 63.9% investment in Acacia Mining this quarter following a due diligence of the UK-listed firm's Tanzanian mines...

Venkat quits AngloGold Ashanti to become CEO of Vedanta

AngloGold Ashanti CEO Srinivasan “Venkat” Venkatakrishnan has resigned and will leave the group at the end of August to become CEO of diversified...

Simmers takeover goes ahead

Former Harmony CEO Bernard Swanepoel is firmly back into mainstream mining following overwhelming shareholder approval for the reverse takeover of Simmers by Village Main Reef.

Gold One output jumps 21%

The increase in gold production at Gold One was largely due to development at Modder East.

Gold bulls warned to rein-in horns

Gold gained about 60% - less in rand gold terms as the South African currency firmed - but bulls were warned that the Fed's QE tapering threat could return, and soon.

Gold tops $1,850/oz

Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.