Gold and gold shares to rise this year
The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.
DRDGold hints at demerger plan
DRDGold has given strongest evidence yet it wants to resuscitate its gold marginality which was famed, especially among the US retail market, for windfall profits in times of gold price gains.
GFMS: Gold may reach $1 600
Gold could rally to record highs above $1 600 an ounce late this year or early 2012 as safe-haven concerns fuel investment demand, expects GFMS.
Village places shares for Cons Murch
Village Main Reef will place 10 million shares to fund the planned expansion of Consolidated Murchison.
AngloGold mine to resume operations
AngloGold Ashanti will resume operations at its Great Noligwa mine after a fatality.
AngloGold halts Great Noligwa ops
AngloGold Ashanti has suspended operations at its Great Noligwa Mine in South Africa after a worker was killed in an accident.
Gold Fields sees flat output figures
Gold Fields expects 900,000 ounces of gold output in the three months to end-December, the group says.
Aurora broker an ex-convict – report
The middleman in several deals between Chinese companies and Aurora Empowerment Systems director Khulubuse Zuma is a convicted murderer, reports the Mail & Guardian.
Gold One makes up for target misses
Gold One International has bucked the prevailing negative mood on the JSE after posting positive production figures for its December quarter.
Skint JCI seeks loan
The former iconic JCI is seeking a further loan from Investec Bank to fund its near term cash requirements, including salaries and wages.