Gold traders make a fortune amid hiring surge
A SCRAMBLE for experienced gold traders is underway among commodity houses, hedge funds and banks as precious metals attract unprecedented interest, said Bloomberg News....
Harmony Gold seals $1.01bn MAC Copper acquisition
HARMONY Gold on Friday announced it had concluded the $1.01bn accquisition of MAC Copper, a New York-listed company which operates the 41,000-ton-a-year CSA copper...
Gold trade to enter period of investor-driven volatility
GOLD'S extraordinary ascent has entered a new phase marked by heightened volatility as speculators increasingly drive price movements, said Reuters on Thursday.
The newswire added,...
Gold rout extended but tipped to regain momentum
GOLD extended losses in volatile trading following its worst rout in more than 12 years, though analysts expect the metal to regain momentum in...
London bullion chief seeks gold futures revival
THE new chair of the London Bullion Market Association has urged the revival of gold futures trading in the UK despite earlier failed attempts...
Mali resumes production at seized Barrick gold mine
OPERATIONS have restarted at Barrick Mining Corp.'s Loulo-Gounkoto gold mine in Mali following a nine-month shutdown, said Bloomberg News which cited unnamed sources.
The Canadian...
Gold falls most in 12 years after record run
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
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
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
THE 56% advance in the gold price over the last 12 months is forcing investors to adjust their investment tactics with one bank saying...