Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.
GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.
Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.
Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.
Gold has suffered a broad retreat, triggered by a stronger dollar, talk about euro zone sovereign debt and speculation China may hike interest rates.
AngloGold Ashanti's figures received a shot in the arm from the rallying gold price and an increase in production, posting adjusted headline earnings of R2.1bn for the September quarter.
Shares in AngloGold Ashanti have traded at levels last seen early 2009 - an indication that sentiment for SA’s gold miners may begin to catch up with the ongoing gold rally.
World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.
Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.
AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.