GFMS: Gold may reach $1 600
Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.
Village places shares for Cons Murch
Village Main Reef will place 10 million shares to fund the planned expansion of Consolidated Murchison.
AngloGold mine to resume operations
AngloGold Ashanti will resume operations at its Great Noligwa mine after a fatality.
AngloGold halts Great Noligwa ops
AngloGold Ashanti has suspended operations at its Great Noligwa Mine in South Africa after a worker was killed in an accident.
Gold Fields sees flat output figures
Gold Fields expects 900,000 ounces of gold output in the three months to end-December, the group says.
Aurora broker an ex-convict – report
The middleman in several deals between Chinese companies and Aurora Empowerment Systems director Khulubuse Zuma is a convicted murderer, reports the Mail & Guardian.
Gold One makes up for target misses
Gold One International has bucked the prevailing negative mood on the JSE after posting positive production figures for its December quarter.
Skint JCI seeks loan
The former iconic JCI is seeking a further loan from Investec Bank to fund its near term cash requirements, including salaries and wages.
Harmony’s Hidden Valley faces legal battle
Harmony Gold’s Hidden Valley JV in Papua New Guinea is again facing legal action over damage caused by mine-related sediment to landowners along the country’s Watut River.
HSBC ups gold outlook
HSBC Holdings has raised its 2011 gold price forecast to $1,450 an ounce, citing expectations that investors will be attracted to the metal as a haven from risk.