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Gold, platinum syndicate bust

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An illegal syndicate which exported gold and platinum has been broken up and eight people, including two policemen, have been arrested.

Galaxy eyes JSE debut this year

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Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

DRDGold output up 7pct, costs 11pct lower

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DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.

Silver prices slide to 7-week low

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Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

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A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.

Great Basin’s Burnstone mine up and running

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Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.

Gold rises for third straight day

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Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.

Gold and gold shares to rise this year

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The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.

DRDGold hints at demerger plan

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DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.