Randgold growth untroubled by gold ‘correction’
Mark Bristow, CEO of Randgold Resources, said the gold market had corrected and
would lead to better businesses while his firm's own growth plans were undisturbed.
Fire halts work at Harmony’s Phakisa, Tshepong
An underground fire has brought operations at Harmony Gold’s Phakisa and Tshepong mines to a standstill.
DRDGold aims for 5% dividend yield
DRDGold says more money may flow to shareholders once its strategic capital commitments come to an end.
Sibanye reserves intact despite gold turmoil
Sibanye Gold says the current gold price will not affect the value of its stated ore reserves.
SA shares may restate reserves after gold ‘hit’
The price of gold is expected to recover following an orchestrated hit a week ago, but it's less clear what lies in wait for South African gold equities.
Central banks suffer $560bn gold loss
The hefty decline in the price of gold this year has wiped $560bn off the value of
Central Bank gold holdings which own about 19% of all gold ever mined.
SA golds head for another day of pain
South African gold stocks were set to endure another day of losses as the price of
gold shed 3.9% in Singapore.
SA rebuffed AngloGold unbundling plan: report
A proposal by AngloGold Ashanti to unbundle its South African mines was blocked by
the South African government, according to a report by Bloomberg News.
Wits Gold sheds 21% in value in Toronto
Shares in Wits Gold fell a fifth on the Toronto Stock Exchange despite some buying
of shares by the company's key management.
Gold Fields says 14k oz lost as Tarkwa resumes
Gold Fields said it had lost an estimated 14,000 ounces in production following a one week strike at its West Africa-based Tarkwa and Damang mines.