AMCU serves demands on bad day for golds
The Associated Mineworkers & Construction Union issued gold wage demands on a day in which gold shares endured another tough day on the bourses.
Harmony Gold to write down Hidden Valley
The decline in the gold price and the poor performance of Hidden Valley meant Harmony Gold would have to write down a portion of the asset, it said.
Rand helps SA gold firms absorb Eskom hike
Assuming a relatively stable gold price of $1,400/oz, SA gold shares can start to offer some value with the rand weakness already offsetting power tariff increases.
SA golds surge back as rand burns through 10
The rand gold price is now only a shade below the first quarter's average despite a $225/oz decline in the dollar gold price - the results of rand/dollar weakness.
Sibanye stays axe over Beatrix West
Sibanye Gold stayed the axe over two-thirds of the 3,000 employees potentially affected by restructuring at its Beatrix mine in the Free State province.
Wits Gold bullish on rights offer success
Wits Gold said in the current depressed market assets were cheaper than ever, and that shareholders would support a capital raising to buy such an asset.
Amcu weighs centralised gold wage talks
Joseph Mathunjwa, Amcu president, said his union may join the Chamber of Mines in centralised wage talks for members in the gold industry.
SA gold wage talks kicked off by NUM
The Chamber of Mines declines to confirm speculation NUM wants a 60% increase in gold miner wages but says the union has made its first position known.
SA shares choked as gold may test $1,300/oz
Problems with "SA Inc", and gold price weakness, turned the heat up again on the country's gold shares which continued to slide.
Village pulls plug on Buffelsfontein, finally
Village Main Reef said it would stop production at the historic North West province mine Buffelsfontein, a move no doubt informed by the $200/oz decline in gold.