Home News Gold Page 3


DRDGOLD expects higher production

DRDGOLD is expecting full-year production to be 10% higher than the previous year.

Gold industry awaits technology breakthrough

There is great excitement about a promising new technology which could make deep underground mining possible and ensure the future of SA's gold industry.

Unions query Aurora rescue deal

Trade unions are sceptical about why a Chinese investor would plow R685m into a run-down mine.

Sibanye sticks to 1.67m oz output target

Sibanye Gold saw a hefty 31% slide in March quarter output - and a worrying decline in its margin - but said gold production would recover throughout the year.

Grootvlei’s tailings dams still up for sale

Gold One International and Goliath Gold’s acquisition of the majority of Pamodzi Gold’s East Rand assets did not include the historic gold dumps situated on the properties.

AngloGold resumes dividend as Obuasi, stoppage tensions ease

ANGLOGOLD Ashanti has broken its three-year dividend drought as the group reported continuing progress in a number of areas in the six months to...

Most SA gold mines to close in 10 years

Rising input costs and declining reserves spell the end of the industry on which SA's economy has been built.

Gold Fields refutes claim over St. Ives

Gold Fields has been dragged into proceedings in Western Australia in which the Ngadju people are claiming access to tenements held by its St. Ives subsidiary.

AngloGold takes 11.5% stake in Stratex

AngloGold Ashanti has taken an 11.5% stake in Stratex International, an exploration and development company with mines in Turkey, Ethiopia and Djibouti.

SA golds surge back as rand burns through 10

The rand gold price is now only a shade below the first quarter's average despite a $225/oz decline in the dollar gold price - the results of rand/dollar weakness.