Gold gets ignored in Greek meltdown

2015-07-07 09:01

Gold has fallen so far out of favour that even as Greece lurches closer to a possible exit from the euro, investors are shunning the metal known for being a haven.

Gold companies offer unions up to 13% increase

2015-06-29 18:29

The gold sector has tabled its wage offer to mining unions, saying the offer is based on economic and social sustainability.

Gold slips over US rates, Greece debt

2015-06-16 13:03

Gold prices have slipped before two key meetings: a policy update from the US Federal Reserve and Greece's intensifying debt crisis.

Gold ticks up, but holds near 11-week low

2015-06-08 10:01

Gold has improved after a three-day losing streak but is still hovering near an 11-week low as strong US data boosted expectations for a US interest rate hike.

Billionaire Motsepe upbeat about gold

2015-06-05 14:13

African Rainbow Minerals, owned by billionaire Patrice Motsepe, will keep its stake in Harmony Gold even as SA’s third-biggest miner of the metal trades at 17-year lows.

Gold mining’s economic value drops

2015-06-03 11:51

Gold mining’s economic value worldwide has sunk in 2013 as prices have tumbled by the most on record, according to an industry lobby for the precious metal.

Harmony halts Bambanani ops after mine death

2015-06-01 12:15

Harmony Gold has suspended all blasting operations at its Bambanani mine in the Free State after the death of a miner.

Gold struggles on Yellen’s comments, robust dollar

2015-05-25 08:41

Gold has been trading close to its lowest level in over a week after Fed Chair Janet Yellen has indicated the Fed is likely to raise interest rates this year.

Gold climbs to 3-month high, silver gains

2015-05-18 13:15

Gold has climbed to a three-month high and silver rallied on speculation that weaker economic prospects in the US mean the Fed Reserve may delay hiking rates.

Net reserves rise to $41.934bn

2015-05-08 11:46

South Africa's net gold and foreign exchange reserves have risen to $41.934bn in April from $41.275bn in March, data from the South African Reserve Bank shows.


Net reserves tick up slightly in June

2015-07-07 08:57

Net gold and foreign exchange reserves have edged up to $41.59bn in June from $41.519bn in May, data from the South African Reserve Bank shows.

Gold climbs as Greece fears knock stocks, euro

2015-06-29 12:37

Gold has risen as growing fears over the prospect of a Greek debt default battered European shares and weighed on the euro, but it failed to maintain early sharp gains.

Gold up on safe-haven bids from Greek crisis

2015-06-15 10:38

Gold has risen on safe-haven bids after Greece and its creditors failed to strike a deal to avert a debt default, but a stronger dollar kept gains in check.

Tax team recommends review of gold mining tax

2015-06-05 20:03

South Africa should review a preferential tax enjoyed by gold producers, a commission set up to look into taxes in the country says.

Gold heads for third week of declines

2015-06-05 09:37

Gold has headed for a third weekly loss before a US employment report that may provide clues on the timing of interest-rate increases.

Gold dips further below $1 200 on robust US data

2015-06-02 10:10

Gold has eased further below $1 200 an ounce as the dollar climbed to a fresh 12-and-a-half year peak against the yen and strong US economic data.

Gold drops to 2-week as low as dollar rallies

2015-05-26 10:25

Gold has fallen to a near 1% to a two-week low as the dollar pushed higher following comments from the Fed that reinforced the bank’s monetary tightening bias..

Gold slides as dollar strengthens

2015-05-20 12:21

Gold has fallen, extending the previous session's slide, as the dollar strengthened ahead of minutes from the Federal Reserve's latest policy meeting.

Gold near 3-month high, eyes gain on US rate outlook

2015-05-15 13:29

Gold has traded near a three-month high and was on track for its biggest weekly gain in four months on receding expectations on the US rate hike.

Restructuring pays off for Harmony

2015-05-08 08:18

Harmony Gold has posted a 4% increase in quarterly production profit to R643m, mainly due to cost cutting and a higher gold price.

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