Gold gains to near highest since 2013 as bulls ‘back in control’

2019-06-24 09:11

Prices extended their advance above $1 400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy.

Gold seen hitting 6-year high as global markets outlook dims

2019-06-10 09:54

Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook.

South Africa turns unlikely haven as gold's rally boosts stocks

2019-06-06 09:34

Donald Trump’s trade offensives against China, Europe and Mexico may be driving the global markets into a frenzy, but the uncertainty is just the fix South Africa’s gold-miner stocks needed.

Gold miner sues Zimbabwe central bank for not paying in dollars

2019-05-17 06:00

Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.

Potential sale of AngloGold mine puts jobs at risk - union

2019-05-09 20:03

The announcement by AngloGold Ashanti that it is reviewing the possible sale of its remaining mining operations in SA prejudices job security, claims a union.

AngloGold to review sale options for SA business

2019-05-09 07:59

AngloGold Ashanti say it’s reviewing options to sell its South African business, including Mponeng - its last underground mine in the country.

AMCU ends five-month long strike at Sibanye

2019-04-17 16:58

Trade union AMCU will end its five-month long strike after reaching an agreement with Sibanye-Stillwater.

AngloGold to comply with mining rights directive

2019-04-01 05:01

AngloGold Ashanti is complying with an order from the Department of Mineral Resources to amend its mining rights to reflect black economic empowerment.

WATCH: OceanaGold intersects high grade gold and silver mineralisation

2019-02-15 21:33

OceanaGold has announced the discovery of high grade gold and silver mineralisation at its WKP prospect in New Zealand.

Central banks are buying the most gold since the end of the Second World War — here's why

2019-02-11 15:13

Central banks are buying up gold at a rate not seen since the end of WW2 as concerns about geopolitics see a shift in appreciation for the asset.

 

SA gold slump continues as annual production falls by 19.5%

2019-06-13 11:48

While South Africa has one of the world's largest gold reserves, it is no longer the biggest producer on the continent, having lost its gold crown to Ghana.

Video
Scientists have figured out the likely source of our solar systems’ gold, uranium and platinum

This single cosmic event gave birth to 0.3% of the Earth’s heaviest elements.

0 comments4969 Views

Over 3 000 gold mine workers affected by Sibanye-Stillwater restructuring

2019-06-05 11:38

Sibanye-Stillwater has concluded the consultation phase of restructuring that will affect over 3 000 employees and see Beatrix 1 and Driefontein 2 shafts placed on care and maintenance, while Driefontein 6 and 7 shafts and Beatrix 2 plant will be closed.

Drop in demand for gold jewellery - survey

2019-05-11 11:09

Gold jewellery manufacturing in the world declined 4% year-on-year to 2 129 tonnes in 2018, according to the recently released Refinitiv GFMS Gold Survey 2019.

SA gold output extends biggest drop in a decade

2019-05-09 13:47

Gold production shrank for an 18th straight month in March, extending the longest run of contractions since the financial crisis.

Load shedding impacts Harmony Gold's operations

2019-05-02 13:47

Harmony Gold's share price slumped 3% following the release of its operational update.

WATCH: Diners get a taste of 24-carat-gold laced dishes

2019-04-01 21:05

Priced at €40 per person, a gold-covered dinner menu sold out within days. French artist and performer Frederique Lecerf prepared it to illustrate the transience of her art.

Warren Buffett bashes gold, says the 'magical metal was no match for the American mettle'

2019-02-24 13:01

In his annual letter out Saturday Warren Buffett gave an example showing why stocks are a better investment than gold over the long run.

SA gold output plunges most in six years in December

2019-02-14 12:28

Production of gold by South African mines retreated the most in six years in December as a strike at the nation’s top producer of the metal continued.

The Bank of England has refused to give back R21 billion in Venezuelan gold after countries around the world say the regime is illegitimate

2019-02-06 17:41

The Bank of England is said to have frozen Venezuelan gold assets worth R21 billion in another blow to the regime of Nicolas Maduro.

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