Gold industry “screaming out” for consolidation despite price
THE world's gold industry was still ripe for consolidation although the historic price highs in the metal would present some obstacles.
"I suspect over the...
Gold holds near $4,000 after China tax change
GOLD held around $4,000 an ounce after a weak start on Monday, as China ended a long-standing tax rebate for some retailers, said Bloomberg...
Newmont CEO says Ghana’s fiscal stability key
NEWMONT CEO Tom Palmer emphasised the importance of fiscal certainty and equitable taxation in attracting mining capital, as the company inaugurated its $900m Ahafo...
DRDGOLD plans to target offshore tailings partners
DRDGOLD is in early stage planning to expand internationally by establishing partnerships with miners interested in mining tailings.
CEO Niël Pretorius said this week his...
Investors drive gold demand to record $146bn in third quarter
DEMAND for gold reached a record $146bn in the third quarter as investors flocked to the metal and – importantly – central banks increased...
Colombia to purchase gold from informal miners
COLOMBIA will begin buying gold directly from small-scale producers next month in an effort to combat illegal mining and formalise a booming unregulated sector...
Gold below $4,000 described as healthy correction
GOLD prices fell beneath $4,000 per ounce this week which industry figures said was a necessary correction as the metal's rally had driven lately...
Gold forecast to surpass $4,000 in 2026
ANALYSTS predict gold's rally will persist into next year, with prices averaging above $4,000 per ounce for the first time as economic uncertainty and...
Gold traders make a fortune amid hiring surge
A SCRAMBLE for experienced gold traders is underway among commodity houses, hedge funds and banks as precious metals attract unprecedented interest, said Bloomberg News....
Harmony Gold seals $1.01bn MAC Copper acquisition
HARMONY Gold on Friday announced it had concluded the $1.01bn accquisition of MAC Copper, a New York-listed company which operates the 41,000-ton-a-year CSA copper...