Home News Page 1152

News

Central Rand Gold goes back to basics

0
Central Rand Gold is experimenting with conventional mining methods in its workings beneath Johannesburg, after insisting until now that mechanised mining is the way to go.

Gold Fields maintains production outlook

0
Gold production from Gold Fields shows the traditional drop for the March quarter, but the group is maintaining its forecast for 2011.

Glencore confirms IPO price

0
Commodity trader Glencore has confirmed the price of its bumper $11bn market debut at 530 pence, a level it hopes will secure a strong performance on debut.

SA to start nuclear bidding in 2012

0
SA needs to start the procurement for its planned nuclear plants next year so it can commission the first 1,600 MW power station by 2023, says a government official.

End-game for SA Gold Inc

0
Opinions are heavily devided on whether a major restructuring of what's left of SA's gold mining industry - the much speculated "end-game" - will ever take place.

Seven dead after clashes at Barrick mine

0
Clashes between hundreds of villagers and police at a gold mine left seven people dead in northwest Tanzania, the mine's owner African Barrick Gold said.

Catching a ride on the commodities train

0
As commodity prices - such as gold, silver and oil - set new price records on a regular basis, retail investors will be looking for exposure to them.

Kumba, Amsa extend interim price deal

0
Kumba Iron Ore says its interim iron ore supply agreement with ArcelorMittal SA has been extended until end-July 2012.

Soros ditches most gold in first quarter

0
Billionaire financier George Soros, who calls gold "the ultimate bubble," has dumped almost his entire $800m stake in bullion.

Impala to miss output target

0
Impala Platinum expects to produce 1.82 million ounces of platinum in its financial year that ends in June, down slightly from an original target of 1.85 million.