BEE poser for Galaxy Gold
Navigating a way through South Africa's complex black economic empowerment requirements adds to the financial challenges faced by Peter Skeat at new venture Galaxy Gold.
Absa plans gold ETF expansion
Botswana is to get its first gold backed exchange traded fund with more planned for the rest of Africa, according to Absa which developed the R14.7bn NewGold ETF.
Swanepoel to return to gold
Bernard Swanepoel says he may consider returning to the gold industry in an effort to bulk up the asset base of listed firm Village Main Reef.
Gold forges on, BIS swap ‘positive’
A timely reminder that all was not well in Europe has given gold some fresh impetus while the swap of gold for currencies by the Bank of International Settlements in its last financial year has been hailed by GMFS.
Burnstone plant start up delayed by 2 weeks
Great Basin Gold, the international mining company developing a gold mine on the Witwatersrand, says the start up of its Burnstone metallurgical plant will be delayed by two weeks.
More options on gold being offered
Gold bulls are being offered more long-shot investment options following the pioneering work of Wits Gold in exploring the unmined, deep-level resources left on the Witwatersrand.
Harmony closes Joel temporarily
Harmony has shut down the Joel mine in the Free State for up to six weeks to carry out repairs and modifications in its North Shaft.
Mineworker dies at AngloGold’s Tau Lekoa mine
The National Union of Mineworkers (NUM) has reported a fatality at AngloGold Ashanti's Tau Lekoa mine in Matlosana - formerly Klerksdorp.
Harmony to sell Mt Magnet for $35m
In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.