Gold One gains steam on takeover talk
Gold One International’s share price rally is gaining momentum as the market awaits news of a full-scale takeover of the gold junior.
Gold powers above $1,500
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.
Harmony exposed to corporate action
Harmony CEO Graham Briggs believes his group is undervalued and exposed to corporate action, should a predator be lured by the rich pickings in the Wafi-Golpu project.
Harmony’s Masimong mine to reopen today
Harmony Gold says its Masimong mine will reopen on Wednesday after it was shut last Thursday when a worker was killed in a locomotive accident.
Iamgold says Burkina Faso mine not hit by unrest
Iamgold says operations at its Essakane mine in Burkina Faso are not affected by riots in the southern part of the West African nation.
DRDGOLD output falls, plans Blyvoor sale
DRDGOLD says its output has fallen as expected in the March quarter, while headline earnings rose because of a deferred tax credit.
DRDGOLD lets go of alter ego
DRDGOLD has nailed its colours to the mast, saying it will focus solely on low-cost operations and shed the last remnant of its erstwhile reputation as a leveraged gold miner.
Unions query Aurora rescue deal
Trade unions are sceptical about why a Chinese investor would plow R685m into a run-down mine.
Gold Fields buys out Iamgold in Ghana
Gold Fields will buy out the interests of minority partner Iamgold in its Tarkwa and Damang mines in Ghana for $667m in cash.
AngloGold to revamp BEE deal
AngloGold Ashanti says it will restructure its black empowerment deal to ensure its employees benefit.