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Boom times return for DRDGold

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DRDGold shares are on the up as the marginal gold producer reports soaring profits from the booming rand gold price, with the prospect of plenty more to come if those prices hold up.

AngloGold CEO sees no bubble in gold price

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AngloGold Ashanti Chief Executive Mark Cutifani sees no bubble in gold prices and says prices can easily go higher amid global economic uncertainty.

Harmony sees gold at $1,850 in 2012

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Harmony Gold sees the price of the commodity in 2012 to average close to the record spot highs of September, but doesn't bank on its peers' views of prices north of $2,000/oz.

Bristow sets steep targets for Randgold

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Randgold Resources expects to be producing 1.2 million ounces of gold per year by 2015, and its operations will meet a 20% profit target even if gold falls to $1,000/oz, says CEO Mark Bristow.

Great Basin Gold’s sales down

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Great Basin Gold has sold 27% less gold sequentially in the third quarter from its operations in Nevada and South Africa.

Central Rand Gold handed a lifeline

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Central Rand Gold has been granted a stay of execution as the Minister of Mineral Resources agreed to temporarily reverse her decision on the cancellation of the group’s mining right.

SA gold company earnings to jump

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The gold price hit record levels in rand terms during the September quarter, meaning the SA gold companies should be about to report healthy increases in earnings.

Have you heard about the Irish gold mine?

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Most gold miners require considerable funding to get off the ground, but a man from Northern Ireland has embraced low cost techniques favouring nature.

African Barrick posts record net profit in Q3

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African Barrick Gold Plc says its profit rose to a record in the third quarter, boosted by higher production and all-time high gold prices.

Anglo Q3 copper dips, 2011 seen higher

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Anglo American has posted a 9% drop in third-quarter copper output, blaming lower grades and blizzards in Chile.