Ivory Coast, Loulo hit Randgold output
Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.
Still time to buy SA gold shares
South African gold shares are a buy despite the strong rand and continued steep increases in mines’ working costs.
Some Aurora workers remain unpaid
A total of R800,000 has been paid towards the salaries of some Aurora Grootvlei miners from Springs, says the department of labour.
Simmers CEO resigns
Simmer & Jack CEO Nico Schoeman has resigned and will be replaced by company CFO Marius Saaiman.
Searching gold on the ocean’s bottom
At the surface of the Atlantic Ocean, on the West Coast of South Africa, there is gold. How much is still unknown - and whether it would make economic sense to exploit it.
Aurora granted more time to secure funds
Aurora Empowerment Systems has been given until the end of February to produce funding guarantees to buy assets of the financially stricken Pamodzi Gold.
SA records gold output gains
South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.
Silver to stay one up on gold
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
Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.