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Gold propels Harmony to double value of Sibanye-Stillwater

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THE price of gold hit a fresh all-time high on Wednesday amid comments by the Federal Reserve it was getting closer to a possible...

AngloGold turns to South African lawyers to bolster board

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ANGLOGOLD Ashanti turned to South Africa's legal profession in an effort to bolster its board announcing today the appointments of Bruce Cleaver, a former...

Barrick increases second quarter production but costs rise

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BARRICK Gold increased second quarter gold production nearly 0.9% compared to the first owing to higher output at Turquoise Ridge in Nevada and expansion...

Zimbabwe’s Kuvimba in talks to raise $150m for gold expansion

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KUVIMBA Mining House, Zimbabwe's state-controlled gold miner, is negotiating with potential partners for a $150m investment aimed at boosting production 50% at its Shamva...

Uganda is the latest African nation to target gold purchases

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UGANDA is the latest African nation to turn to gold to back up its currency after it set out plans for domestic purchases of...

UN says IRH Mining dealmaker met with gold smugglers

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THE chief strategist of United Arab Emirates firm IRH Mining, which recently outbid Sibanye-Stillwater for control of Zambia's Mopani Copper, had dealings with gold...

If gold’s rise is here to stay why are its biggest...

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SHARES in Gold Fields have traded disappointingly so far this year, up barely 5% and only 13% higher in the past 12 months against...

Gold Fields CEO says winter ramp-up was risky at Salares Norte

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THE first six months at Gold Fields have been less than easy for CEO Mike Fraser. By his own admission the first quarter "wasn’t...

Australian miner raises $100m for Burkina Faso gold project

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GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year...

Sibanye-Stillwater throws lifeline to Free State gold mine

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SIBANYE-Stillwater has decided to continue with mining operations at its Beatrix 1 shaft in South Africa's Free State province on condition it reports no...