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Gold price, output boost AngloGold

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AngloGold Ashanti's figures received a shot in the arm from the rallying gold price and an increase in production, posting adjusted headline earnings of R2.1bn for the September quarter.

Zoellick: no gold standard, but role key

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World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.

Gold One upbeat on Modder East drilling

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Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.

AngloGold net C$70m from B2Gold share sales

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AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.

Gold, silver extend record rally

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Gold has risen to a record high for the fourth straight session, as inflation worries and euro zone sovereign debt woes continue to lure investors to precious metals.

Randgold Resources output disappoints

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West African-focused gold miner Randgold Resources has posted lower-than-expected production in the third quarter, although it expects output to rise significantly in the fourth quarter.

Randgold Resources sticks to its knitting

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Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.

Gold smashes through record level

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Gold has soared past the $1 400/oz for the first time after the World Bank president called on bickering nations to bring back the gold standard.

Gold set to extend gains, peak in 2011

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Gold's record-breaking climb should continue for at least six months, corresponding to the planned duration of the USA's monetary stimulus, according to an analyst poll.

Pan African shares surge

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Pan African Resources hit a new 12-month high on the JSE on Friday following the announcement that the Phoenix platinum project should be in full production by the end of next year.