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Silver to stay one up on gold

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As silver climbs above $30 an ounce for the first time since 1980, traders and analysts are cautiously bullish about its ability to keep outperforming gold.

Union warns over Simmers job losses

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Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.

Newcrest halts Ivory Coast operations

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Newcrest Mining has temporarily suspended operations at its Bonikro gold mine in Ivory Coast as precaution due to possible security issues tied to the recent election tensions.

Village takes over Simmers

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Bernard Swanepoel is back into gold mining boots and all with the acquisition of Simmer and Jack Mines, but now comes the hard part of making Simmers' marginal operations perform.

Gold ends week above $1,400

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Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.

Gold One reiterates 2011 target

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Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.

Wits Gold posts loss increase

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Exploration group Witwatersrand Consolidated Resources has increased its interim loss.

SA ‘on right track with mines audit’

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Cleaning up South Africa's scandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, says AngloGold CEO Mark Cutifani.

Gold One allays output fears

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Gold One International, often criticised for tinkering with its forecast figures, will not miss its 120,000oz target in 2011, says CEO Neal Froneman.

Union wants Sars to probe Aurora

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Trade union Solidarity has asked the South African Revenue Service to investigate alleged mismanagement of funds by Aurora Empowerment Systems.