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Soros: conditions ‘pretty perfect’ for gold

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Billionaire investor and philanthropist George Soros says gold still has some kick to it, as long as conditions like low interest rates prevail.

South Deep strike ‘hurts’ Gold Fields

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Gold Fields says the strike at its South Deep mine is having a "material impact' on production.

Great Basin widens loss

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Great Basin Gold has reported a wider pre-tax quarterly loss, hurt by higher expenses.

Aurora: unions call for Motala’s head

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Trade unions Solidarity and the National Union of Mineworkers have called for the removal of Pamodzi Gold liquidator Enver Motala "because he serves no purpose".

Wits Gold raises R120m for Harmony deal

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Wits Gold says it has raised R120m through the issue of new shares, following the acquisition of De Bron and Merriespruit.

Gold One bondholders stay put

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Mining junior Gold One International says none of its bondholders has exercised a once-off put option to redeem bonds for cash.

Gold falls most since July

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GOLD has suffered its biggest fall in four months, tumbling 3% as Chinese rate-hike talk and eurozone debt worries triggered widespread unwinding of risk in commodities.

Fitch downgrades Harmony

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Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.

Num to go ahead with South Deep strike

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Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.

Euro debt worries weigh on gold

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Gold has suffered a broad retreat, triggered by a stronger dollar, talk about euro zone sovereign debt and speculation China may hike interest rates.