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Searching gold on the ocean’s bottom

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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

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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

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South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.

Gold up on physical buying

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Spot gold is trading higher as healthy physical demand buoys prices.

Silver to stay one up on gold

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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

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Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.

Newcrest halts Ivory Coast operations

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Newcrest Mining has temporarily suspended operations at its Bonikro gold mine in Ivory Coast as precaution due to possible security issues tied to the recent election tensions.

Village takes over Simmers

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Bernard Swanepoel is back into gold mining boots and all with the acquisition of Simmer and Jack Mines, but now comes the hard part of making Simmers' marginal operations perform.

Gold ends week above $1,400

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Gold has regained strength as the dollar tumbled after disappointing jobs data cast doubt on the strength of the US economic recovery.

Gold One reiterates 2011 target

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Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.