Doubts remain over gold shares
The rand price of gold has risen close to 30% since January, yet analysts are unsure whether higher margins will rally local gold equity prices.
ArcelorMittal furnace out of action
ArcelorMittal SA says a furnace at its Newcastle plant has failed and will be out of service for the next two months.
Gold marks time; more gains predicted
While gold hovers near a lifetime high, traders say the Federal Reserve’s promise to keep interest rates low should benefit the precious metal.
Aurora stuns with R15m refund claim
Aurora Empowerment Systems has stunned unions and drawn the anger of liquidators, saying it should be refunded for losing its preferred bidder status of the Pamodzi Gold assets.
Gold fixes sights on $1,800
The resurgence of equities in Johannesburg, following a similar movement in the US yesterday, would do nothing to dampen gold's popularity.
Big concern over Namibia’s mining tax plans
The Namibian government’s proposals for additional taxes on mining may shake the foundations of the country’s industry, say sector players.
Uranium One profit soars
Uranium One has posted a more than five-fold increase in profit, as the company boosted production by 33% and was paid more per pound of uranium sold.
BHP in $700m mine contractor buyout
BHP Billiton has agreed to buy a company providing mining contracting services to its Western Australian iron operations from Leighton Holdings for A$705m.
Is it too late for gold fever?
As gold soars to new record levels of over $1,700/oz after the US has suffered its first-ever debt downgrade at the hands of S&P, is it too late to catch some of the upside?
Gold breaks through $1,700/oz
Bullion has roared to record highs above $1,700 an ounce as an unprecedented downgrade to the US credit rating sent investors scrambling out of riskier assets.