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AngloGold draws line under hedge book

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AngloGold Ashanti has completed the elimination of its gold hedge book, reflecting the company's confidence in the likely direction of the gold price.

Harmony warns over output drop

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Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.

Village acquires gold and antimony mine

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Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.

Sasol Mining concludes BEE deal

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Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.

Gold hits record as Vietnam mulls imports

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Spot gold has hit an all-time peak on a weak dollar and after Vietnam said it may allow gold imports if prices keep rising.

Vanadium’s turbocharged future

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The battery has beaten the fuel cell in the race to power electric vehicles, which means an increase in demand for vanadium, lithium and rare earth metals.

Northam loses R250m so far due to strike

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Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.

Platinum may jump 60%, predict analysts

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Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.

Ditch gold for shares, says expert

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As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.

Gold Fields expects boom to persist

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Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.