Optimism grows over Harmony’s PNG bonanza
An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.
Gold skims 10-week low
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
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
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
Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.
Harmony banks on growth projects
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
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
Silver prices have suffered from a dearth of investment demand and gains in the dollar.
Mineworker dies at Harmony’s Bambanani mine
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.
Great Basin’s Burnstone mine up and running
Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.