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Gold falls most in 12 years after record run

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GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs. Gold plummeted as...

Gold rally delivers windfall for SA’s mining investors

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SURGING gold prices are generating substantial benefits across emerging economies, strengthening investor confidence in nations that produce and accumulate the precious metal, said Bloomberg...

Record breaking DRDGOLD ploughs profits into Ergo

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DRDGOLD ploughed cash from record gold prices into its capital growth programme spending R751.8m in the September (first) quarter. Publishing its first quarter production report...

Gold shares becoming a ‘must own’ for investors

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THE 56% advance in the gold price over the last 12 months is forcing investors to adjust their investment tactics with one bank saying...

Glencore in talks on Mokala manganese offtake deal

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GLENCORE said on Wednesday it had exercised its tag along rights in respect of an offer for the Mokala manganese mine in South Africa's...

Gold hits record above $4,100/oz on rate cut forecast

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GOLD prices surged to a record high above $4,100 on Tuesday, driven by expectations of further US Federal Reserve interest rate cuts and renewed...

US miner to revive Mali’s Morila gold mine

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A NEW York mining firm has struck a deal with Mali's government to resume production at the Morila gold mine marking the first US...

Sibanye-Stillwater eyes DRDGOLD in shift to surface mining

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SIBANYE-Stillwater would like to increase its stake in its 50.1%-owned tailings miner DRDGOLD as it phases out gold production from its deep level mines. "We...

NUM refers Sibanye-Stillwater gold talks to CCMA

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WAGE negotiations at Sibanye-Stillwater's gold operations have been referred to mediation, said the National Union of Mineworkers which described the miner's latest offer as...

Gold breaks $4,000 barrier on safe-haven demand

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GOLD breached $4,000 per ounce for the first time on Wednesday, propelled by investor appetite for security amid escalating economic and geopolitical tensions and...