Home News Gold Page 313

Gold

First Uranium needs cash yet again

0
Nine months after it raised $150m, First Uranium needs yet more cash to keep going after technical problems with the shaft at the Ezulwini mine hit gold production.

Optimism grows over Harmony’s PNG bonanza

0
An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.

Gold skims 10-week low

0
Gold has fallen to its lowest price levels in ten weeks, putting the metal on course for its worst monthly performance since 2009 as safe-haven demand evaporates.

Bid to liquidate Zuma, Mandela firm

0
Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.

Gold, platinum syndicate bust

0
An illegal syndicate which exported gold and platinum has been broken up and eight people, including two policemen, have been arrested.

Galaxy eyes JSE debut this year

0
Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Harmony banks on growth projects

0
Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

DRDGold output up 7pct, costs 11pct lower

0
DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.

Silver prices slide to 7-week low

0
Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

0
A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.