Gold wallows near 3-month low
Gold is wallowing near a three-month low, remaining under pressure due to a firm dollar, while investors frets over an important Italian bond auction later in the day.
China bans creation of new gold exchanges
China will stop new gold exchanges being set up in a bid to harden regulation and promote healthier development of the Chinese bullion market, says the central bank.
Gold One given DMR’s go-ahead for Rand Uranium
Gold One International says it has received the go-ahead from the department of mineral resources for its proposed takeover of Rand Uranium.
Gold inches down as Europe worries persist
Gold prices are inching down in thin trade as investors remain sceptical of the euro zone's ability to tackle its debt crisis.
DRDGold, Village still in talks over Blyvoor
DRDGold has said its negotiations with Village Main Reef regarding the latter's R150m bid for Blyvooruitzicht Gold Mining Company are "still continuing".
AngloGold now holds 19.9% in Mariana Resources
AngloGold Ashanti now holds a 19.9% stake in exploration and development company Mariana Resources.
Num wants First Uranium CEO to be fired
The National Union of Mineworkers has urged mining company First Uranium Corporation to fire its CEO after the company said it may retrench 1,800 mineworkers.
Gold tests $1,600 but Europe anxiety weighs
Spot gold is struggling to breach $1,600 an ounce, as investors remain nervous over the progress of the euro zone's efforts to rein in its debt crisis.
Burnstone is on the mend – CEO Ferdi Dippenaar
The troubled Burnstone mine is getting back on track according to an update from Great Basin Gold, but RBC Capital Markets has remained cautious following a recent visit.
First Uranium to layoff staff at Ezulwini
First Uranium may retrench up to half of its employees at struggling Ezulwini, saying workers will have to prove their worth over Christmas to minimise layoffs.