Gold miners again take to hedging
Gold mining companies in the second quarter reported their first consecutive quarterly net hedging in 10 years, says GFMS and Societe Generale.
Anglogold to invest $250m a year in Brazil
Anglogold Ashanti will invest $250m each year through 2016 to raise its Brazilian output of the precious metal by two thirds, its chief executive said on Wednesday.
Central Rand Gold takes DMR to court
Central Rand Gold is to seek an urgent interdict to be allowed to continue operations while it appeals the government's decision to cancel its mining right.
Blyvoor may shed 12pc of workforce
Record rand gold prices will do nothing for at least 500 workers at DRDGold's Blyooruitzicht underground mine following the group's intention to consider retrenching 12% of the mine's workforce.
CRG loses rights in public blaze
Media were asked to join the mineral resources department as it delivered notice to Central Rand Gold it had lost its mining rights.
Harmony loses miner, rescue team
A miner and the men sent to rescue him were killed at Harmony's Evander mine, the company said today.
AngloGold aims for 5.5 mln oz by 2014
AngloGold Ashanti says it is aiming to lift output to 5.5 million ounces by 2014, from a forecast 4.45 million ounces this year.
Gold already 20% down from high
The gold price is in free fall, but the fundamentals for the yellow metal remain strong, analysts say.
Gold price spurs drive to get more from dumps
The vast majority of South Africa's gold lies deep underground but atop the mine dumps scattered around Johannesburg, you can actually walk on the stuff.
Gold weakens on dollar rally
Spot gold has slipped under the weight of a rallying dollar, after falling more than 1% in the previous session, when the US Federal Reserve offered a grim economic outlook.