Brimstone buys into Galaxy Gold
Holdings group Brimstone Investment Corporation has taken a 10% stake in Galaxy Gold, saying it is "testing the water' prior to further forays in the resources sector.
Gold retreats as worries subside
Gold has fallen more than 1% to $1,874.39, as worries over a possible recession retreated.
Gold soars to near $1,900/oz
Spot gold has surged more than 1% to a third consecutive all-time high, as investors flee to the safety of bullion amid fears of another US recession and the euro zone's debt crisis.
Gold headed for $2,400, say experts
Gold is headed for $2,400, according to gold analyst Martin Murenbeeld, while Paul Walker reports from Chennai that Indians are buying the metal like there's no tomorrow.
Gold a bubble that may deflate, says analyst
Record gold prices may be heading for a correction of about 8 % next month, but the safe-haven metal may also rally to $2,400 an ounce next year, says an analyst.
Pan African to spin out Manica
Pan African Resources will list its Manica gold project separately to speed up development while it focusses on growing its core South African businesses.
Gold tops $1,850/oz
Gold has surged more than 1% to a record high above $1,850 an ounce, as investors reach for the safety of bullion amid a worsening economic outlook for the USA.
Chavez to nationalise Venezuelan gold industry
Venezuela will nationalise its gold industry and is moving its international reserves out of Western countries, says President Hugo Chavez.
Harmony boosts annual dividend
Harmony's operating performance for the year to June fell short of management's guidance but profits and dividend are up and so is the share price.
Orkney’s new knight in Chinese armour
The first of 2,500 laid-off workers at Pamodzi Gold’s Orkney mine may be back at work by the end of October if the court this week approves the R150m buyout offer.