Market-beating SA fund gains 110% on gold revival

2016-08-22 16:50

Old Mutual's Meryl Pick’s Gold Fund has gained 110% this year, beating the average 2.6% across South African investments tracked by Bloomberg.

Weak rand, firm gold price boost Harmony profits

2016-02-04 07:59

Harmony Gold has posted an 84% increase in production profit to R1.29bn quarter on quarter, mainly due to a 7% rise in the gold price received.

Fatality at Harmony's Phakisa mine

2013-10-07 10:25

Harmony Gold advises that an employee has been fatally injured in a fall of ground at its Phakisa mine near Welkom.

Motlanthe upbeat on mine rescue talks

2013-06-14 13:20

Deputy President Kgalema Motlanthe says the government, mining houses and trade unions will leave no stone unturned in their bid to resolve problem issues.

Miner dies at Harmony Gold

2013-05-16 13:37

Operations have come to a halt at a section of Harmony Gold's Kusasalethu mine after a rail accident left one miner dead, the company says.

Harmony earnings dive on mine closure

2013-05-03 07:57

Gold producer Harmony Gold slumped to a loss in third-quarter earnings after the temporary closure of one of its mines ate into its quarterly production.

Gold shares pale against the real deal

2011-07-26 07:01

The JSE's gold index has risen almost as much as the gold price, but analysts still do not regard gold shares as the best way to invest in the yellow metal.


Harmony to halt mining at Kusasalethu in 5 years

2016-08-17 15:28

Harmony Gold Mining says it will effectively stop mining Kusasalethu in five years, reducing the life of its third-largest mine by about 19 years.

Battle lines drawn as mineworker lawsuit begins

2015-10-12 19:14

In what has been dubbed a David versus Goliath class action lawsuit, mineworkers who contracted a terminal illness while working underground, have begun their court battle against 32 mining giants.

Peaceful strikes at Harmony mine

2013-09-04 16:12

Harmony Gold's management has commended workers for maintaining peace during their strike.

Mining sector rescue talks commence

2013-06-14 11:15

Mining houses and trade union top officials have arrived for a meeting with Deputy President Kgalema Motlanthe in a bid to resolve problems facing the sector.

Miners fear impact of union wage hikes

2013-05-03 11:30

Mine unions may obtain double-digit pay increases this year that companies can ill afford, Harmony Gold said as it posted losses caused by labour unrest.

Output down 15% at Harmony Gold

2013-04-08 17:30

Harmony Gold Mining says that gold production for the quarter ended March 2013 will be approximately 15% lower than the previous quarter.

End-game for SA Gold Inc

2011-05-19 00:00

The situation is frustrating, to put it mildly. The gold price has blasted through US$1 500/oz but gold equities have dropped across the board in response and South African gold equities in particular remain stuck in a rut of underperformance.

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