Gold Fields increases Chucapaca investment
Gold Fields has increased the initial investment for its Peruvian Chucapaca project to
$1.2bn, the company's vice president for South American tells Reuters.
Grootvlei’s tailings dams still up for sale
Gold One International and Goliath Gold’s acquisition of the majority of
Pamodzi Gold’s East Rand assets did not include the historic gold dumps
situated on the properties.
Neal Froneman snaps up Grootvlei
UPDATED: Neal Froneman’s Gold One International and Goliath Gold have
confirmed the companies would acquire the liquidated Pamodzi Gold’s East
Rand assets for R70m.
Gold Fields output stays flat
Gold Fields has reported first-quarter production figures of 827,000 ounces, largely flat compared to Q1 2011's 830,000oz.
Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.
Gold: “Well south of $1,000’
Thomson Reuters GFMS metals consultancy’s Paul Walker has tempered his
firm’s optimism about the shorter-term prospects of gold with a stark warning.
AngloGold misses output guidance
AngloGold Ashanti has sunk to its lowest level in 12 months as the company’s
first-quarter output fell short of guidance.
Randgold Resources surges on Mali settlement
Randgold Resources' share price is catching up on lost ground following the political settlement in Mali.
Village Main Reef again falls short of target
Village Main Reef has missed its production target for a second quarter in a
row, but the strong rand gold price should enable the company to continue
delivering sufficient cash flows.
The golden doldrums
If one is called to write flashcards to explain how the gold price behaves, you’ll
probably need only two; it’s that binary. Put another way, quiet is bad
for the gold price.