Harmony gets nod for Wafi-Golpu
Harmony Gold has obtained approval to start developing its Wafi-Golpu gold project in Papua New Guinea.
Don’t trust gold shares
For many years - perhaps forever and currently too - investors have believed the prices of gold shares will outperform the gold price itself, even if the latter increases.
DRDGOLD: time for ‘waffling’ to end
DRDGOLD CEO Niel Pretorius has given an impassioned but forthright assessment of how exorbitant costs, uncertainty and nationalisation talks are hurting SA's mining industry.
Power hikes hit DRDGOLD
Eskom's winter power surcharge and wage increases have cut into the fortunes of gold producer DRDGOLD, which reported a 24% quarterly decrease in operating profit.
Rising gold output ‘not sustainable’
Recent growth in SA's gold production output is unlikely to be sustained, given the growing cost competitiveness of mines located elsewhere, says Fitch.
Harmony to close Merriespruit shaft
Harmony Gold says it will be closing its Merriespruit 1 shaft in Virginia after the failure of a productivity-linked deal with unions.
Harmony sees gold at $1,500/oz in 2011
Harmony Gold, the world's fifth-largest gold miner, expects gold to rise further this year and trade at around $1 500 an ounce in 2011.
Gold One makes strong case for Megamine
Gold One International has talked up the potential of its soon-to-be-offloaded Megamine prospecting project, saying data has confirmed the existence of a significant mining target.
Gold One offloads Megamine in White Water
Gold One International has confirmed it is to proceed with spin-off plans for Megamine through a reverse acquisition of White Water Resources.
Demand for Kruger rands soars
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.