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.
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
New entity for Gold One’s Megamine
Australia and JSE-listed mining junior Gold One is set to proceed with spin-off plans for its Megamine assets.
Super-rich buy gold by ton
The world's wealthiest people have responded to economic worries by buying gold by the bar - and sometimes by the ton, according to bankers catering to the very rich.
Gold Fields closes debut $1bn bond
Gold Fields says it has successfully completed its $1bn bond offering to international investors.
Gold One granted $65m loan facility
Gold One International has received credit approval from two leading international banks - Absa Capital and BNP Paribas - for a $65m loan facility.