ARTICLES RELATING TO GOLD

Gold set for best month since January

2015-08-31 10:33

Gold is set to halt two months of losses, as concern that China may be slowing triggered a rout in global financial markets and drew investors to safe haven assets.

Major indices drop while gold shares recover on JSE

2015-08-20 15:23

Gold shares on the JSE have continued their strong recovery, but major indices dropped further back and are now approaching support levels.

Harmony Gold increases production and sales

2015-08-18 12:27

Harmony Gold's gold production and gold sold have increased quarter-on-quarter the company says at its latest results announcement.

Gold struggles after worst month in two years

2015-08-03 16:32

Gold has steadied not far above a 5-1/2-year low, struggling to scale higher at the start of the month after its deepest loss in two years in July.

Gold sector: ‘No deal unless all unions agree’

2015-08-02 16:50

South Africa’s major mining companies are putting on a show of unity – vowing not to agree to a wage deal unless all four unions in the sector agree simultaneously.

Gold 'has no appeal' as prices sink to 5-year low

2015-07-26 16:00

Gold has no appeal as a commodity or alternative to currencies, says Macquarie Group, renewing the sell-off that’s driven prices to a five-year low.

Funds' ardour for gold cools after volatility

2015-07-22 12:15

Gold no longer has the allure it once had for funds, as a failure to perform when its price was expected to rise and recent volatility, such as its price plunge.

Gold-mining index drops to lowest in 14 years

2015-07-20 13:00

The index of gold-mining stocks has fallen to the lowest since April 2001 after the precious metal slid to a five-year low.

CEO of Harmony Gold to retire, shares tumble

2015-07-16 15:46

The news that Graham Briggs will retire as chief executive and board member of Harmony Gold after seven years at the helm, has sent its shares tumbling.

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 stocks become haven in emerging-market storm

2015-08-24 12:26

Investors seeking relative safety from the storm in emerging markets have jumped on gold shares such as AngloGold Ashanti as the rand sank.

Gold Fields showcases foreign assets to lure in ‘believers’

2015-08-20 12:38

Gold Fields CEO Nick Holland says investors are missing the quality of the miner’s foreign operations by focusing on delays and high costs at its South Deep project.

Gold steadies, set to snap 7-wk losing run

2015-08-14 13:00

Gold has steadied away from a three-week high as China calmed jittery global markets, with upbeat US retail sales refreshing expectations for a US rate hike.

Amcu snubs higher wage offer

2015-08-03 09:54

Union Amcu has rejected a pay offer made by operators including AngloGold Ashanti, stopping short of calling a strike.

Gold demand weakest since 2009 amid China slump

2015-07-28 13:25

Demand for gold has slid to its lowest in six years in the second quarter of this year as buyers from China poured funds into its now-troubled equities market.

Randgold, Centamin ‘harshly treated’ by gold rout - Investec

2015-07-22 20:18

The UK’s biggest gold miners are oversold by investors fleeing the industry in the face of bullion’s slump to a five-year low, according to Investec.

SA's stock index glitters even as gold’s appeal fades

2015-07-21 07:50

Once the world’s biggest producer of gold, it’s South Africa's stock market that is glittering more than the precious metal.

Gold cuts losses after dive to 5-year low

2015-07-20 10:49

Gold has trimmed losses after falling as much as 4% to its lowest in more than five years as sellers in top consumer China sold off the metal in minutes.

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.

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