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.

Gold holds near $1 200 as dollar retreats

2015-04-28 09:36

Gold has held the biggest gain in almost three months to trade near $1 200 an ounce before Federal Reserve policy makers begin a meeting on interest rates.

Gold pulls SA mining production down

2015-04-09 16:58

Gold has been a significant negative contributor to SA's mining production for February, according to Stats SA.

Gold extends gains on weak US jobs data

2015-04-06 13:32

Gold has gained for a second straight session to trade near a three-week high after US jobs rose at the slowest pace in more than a year and denting rate-hike hopes.

Gold loses safe haven appeal

2015-03-10 10:19

Gold prices are in defensive mode on fresh signs of resurgence in the US economy, wilting the metal's safe haven appeal as traders foresee further downside potential.

Heroic rescue team were brave lions - minister

2015-02-23 18:58

The mines minister says he will hang up a photo of the rescue team after visiting Harmony Gold's mine where a fire trapped nearly 500 miners 2.3km underground.

Kusasalethu gold mine closed after fire

2015-02-23 11:11

Work at the Kusasalethu gold mine has been suspended after an underground fire, says Harmony Gold Mining Company.

Craig Brewer: Realism, getting back to basics set mining industry tone for 2015

2015-02-19 07:49

Craig Brewer and Alec Hogg unpack the tone for the mining industry in 2015, looking back at Mining Indaba trends for the year ahead.


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.

Gold trims weekly decline before CPI

2015-04-17 10:46

Gold has advanced to pare a weekly loss before a US report on consumer prices that may help investors gauge when the Fed Reserve will start to raise interest rates.

NUM to submit wage demands by end of April

2015-04-08 14:15

The National Union of Mineworkers say it will submit its wage demands for the coal and gold sectors by the end of April, a delay of up to a month.

Gold firms above $1 150 on softer dollar

2015-03-13 10:26

Gold has firmed above $1 150 an ounce as the dollar nursed losses after an extended rally, but the metal was still headed for its sixth weekly dip in seven.

Gold struggles near three-month low

2015-03-09 09:53

Gold has edged up but remained near a three-month low as the dollar hit an 11-year high after US data boosted expectations the Fed would soon hike interest rates.

Harmony Gold haunted by Kusasalethu curse

2015-02-23 15:32

The fire at a Harmony Gold mine has delivered a fresh blow to the company's efforts to boost earnings.

Inside Labour: Cool heads and wage talks

2015-02-20 07:16

As the gold sector gears up for tough wage talks, the R12 500 minimum wage demand is likely to surface when unions consult their members, says Terry Bell.

Mark Stewart: Gold, diamond excitement in mining sector

2015-02-16 11:20

Metals are struggling worldwide but certainly, gold and diamonds are what excites our global partners, says Mark Stewart of BDO South Africa.

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