Gold comes alive in biggest jump since '16 after equities roiled

2018-10-12 09:18

Gold may have finally snapped out of its inertia after receiving another shot in the arm as weaker-than-expected US inflation data raised speculation that the Fede may slow the pace of interest rate increases.

Village Main Reef secures three-year wage deal

2018-10-05 12:29

Miners, artisans and officials will receive a 4.25% increase for the first year of the agreement, and CPI-linked increases for the next two years.

After another quarter of losses, is worst over for commodities?

2018-10-02 07:45

Commodities have just posted the longest losing streak in more than three years, and analysts and investors are giving conflicting signals over whether the worst is over.

WATCH: HOW WE MADE IT BIG IN MINING!

2018-08-29 14:44

A leap of faith in business has paid off big time for the Khomo family in John Taolo Gaetsewe municipality in the Northern Cape.

Gold loses its lustre as demand decreases

2018-08-28 20:00

Gold is perceived as a safe-haven asset but over the past four months the bullion price dropped steadily, losing around 12%.

Commodities are getting slammed as Turkey's economic crisis causes chaos in markets

2018-08-15 15:02

Metals in particular are suffering as a higher dollar caused by the EM currency sell-off pushes commodity prices sharply lower.

First mining production increase in four months - Stats SA

2018-08-14 14:54

The most important contributor to the mining production increase in June was the platinum group metals, says Statistics SA.

MAP: Once-mighty SA gold sector faces steady decline

2018-07-31 06:41

Johannesburg was built with profits from gold seams running through the region, but today, the country’s gold-mining industry seems headed for a decline.

WATCH: The most expensive chicken wings in the world are covered in 24-karat gold

2018-07-24 12:17

Fancy having a taste of 24 karat gold?

Gold Fields replaces KPMG

2018-07-23 13:30

Gold Fields has replaced KPMG with PwC as external auditors, with Pieter Hough as the designated audit partner for the financial year ending 31 December 2019.

 

Gold gets ignored as global equity rout fails to fire up havens

2018-10-12 09:17

Equities are plummeting, US President Donald Trump says the Federal Reserve’s gone ‘loco’ and the trade war’s heating up, yet traditional havens in times of trouble such as gold are not getting any love.

Minerals Council announces Harmony Gold wage deal

2018-10-03 18:01

The Minerals Council has announced the conclusion of a wage agreement between Harmony Gold [JSE:HAR] and unions representing an estimated 69% of the miner workforce.

AngloGold will weigh up strategic asset sales, says new CEO

2018-09-27 10:54

AngloGold Ashanti’s new CEO says the world's third-largest gold producer will unlock value by focusing on its best assets and selling those that aren’t core to the business.

KATHU’S MINING SUCCESS STORY!

2018-08-29 12:37

JOMO Khomo and his wife, Kefilwe, worked abroad for several years and came back with a suitcase full of great ideas.

Russia is stockpiling gold as fresh US sanctions loom

2018-08-26 16:19

According to IMF data analysed by Bloomberg, Moscow bought 26.1 tonnes of gold in July.

Gold Fields punished as miner forced back to the drawing board on South Deep

2018-08-14 15:51

Investors dumped Gold Fields stock as the miner is forced to come up with another plan to save its massive South Deep mine after years of losses and failed turnarounds.

Gold Fields to cut over 1 000 jobs in South Deep restructure

2018-08-14 09:22

Gold Fields says it may cut more than 1 100 workers at its loss-making South Deep operation and will refocus the mine plan after repeated turnaround efforts failed.

Fate of South African gold rests on one giant, loss-making mine

2018-07-30 06:52

Three thousand meters below the plains southwest of Johannesburg, teams of miners are toiling to revive the gold industry that underpinned South Africa’s economy for generations.

AngloGold Ashanti appoints new CEO

2018-07-23 14:54

AngloGold Ashanti has announced a replacement for its outgoing CEO and executive director Srinivasan Venkatakrishnan.

Gold wage agreement key for industry sustainability - Minerals Council

2018-07-10 22:01

Wage negotiations between unions and employers in the gold mining industry will start on Wednesday.

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