Demand for Kruger rands soars
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.
Randgold in R310m gold shares payout
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.
New entity for Gold One’s Megamine
Australia and JSE-listed mining junior Gold One is set to proceed with spin-off plans for its Megamine assets.
Super-rich buy gold by ton
The world's wealthiest people have responded to economic worries by buying gold by the bar - and sometimes by the ton, according to bankers catering to the very rich.
Gold Fields closes debut $1bn bond
Gold Fields says it has successfully completed its $1bn bond offering to international investors.
Gold One granted $65m loan facility
Gold One International has received credit approval from two leading international banks - Absa Capital and BNP Paribas - for a $65m loan facility.
AngloGold draws line under hedge book
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
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
Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.