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Gold Fields makes hay of price spike

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Gold Fields has significantly benefitted from the rising gold price during the June quarter, managing to translate a 5% production increase into 15% earnings growth.

No nationalisation, says Gold Fields

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Gold Fields CEO Nick Holland remains confident that nationalisation will not happen, although he concedes it is increasingly worrying foreign investors.

Mponeng operations halted after fatality

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An AngloGold Ashanti worker has been killed at the Mponeng mine after a seismic event, bringing mining operations to a halt in the affected area.

Aurora stuns with R15m refund claim

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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.

Doubts remain over gold shares

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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.

Gold marks time; more gains predicted

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While gold hovers near a lifetime high, traders say the Federal Reserve’s promise to keep interest rates low should benefit the precious metal.

Great Basin Gold shares tumble

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Great Basin Gold shares took yet another knock following release of an operational update which dropped this year's gold production forecast for the new Burnstone mine.

Gold One gets go-ahead for deals

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Gold One International has received approval from SA's competition authorities to go ahead with its two significant transactions.

Harmony in $9m US lawsuit settlement

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HARMONY Gold has agreed to pay $9m to the lead plaintiff in a US class action filed against it in 2008, after being accused of overstating earnings for 2007.

Randgold takes the measure of Kibali

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Further drilling work is bearing out Randgold Resources CEO Mark Bristow's optimism on the upside potential of the Kibali gold deposit in the Democratic Republic of Congo.