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Silver miners moving up the endangered list

Miners who traditionally made most of their money from silver are increasingly diversifying into gold.

Gold rebounds from 5-week low as data clouds US rate outlook

While the Fed has ruled out raising rates when it meets this week, policy makers have left the door open for June.

What happens to gold when the yuan floats free of the dollar?

To become part of the IMF’s SDR basket, China will almost certainly have to unpeg its currency from the US dollar. A massive increase in its gold reserve may be an integral part of this process.

Randgold’s big Ivorian gold mine back on track

The latest update by the Randgold CEO on its Tongon mine in Cote d’Ivoire shows continued progress as plant upgrades get it back on track towards meeting design capacity.

Gold retreats as global equities hit all-time highs

Spot prices are down 1.4% this week, their biggest weekly loss in 7 weeks.

Newmont posts profit well ahead of estimate

Newmont had a strong start to the year despite lower metal prices, says CEO Gary Goldberg.

NUM plans to demand gold wage hikes of 75% – sources

Plans to demand a 75% hike in the basic pay for entry-level workers.

How central banks mislead on gold reserve reporting

A leaked IMF consultation document as to what central banks should report with respect to their actual gold holdings raises more questions than answers.

Has gold mine cost cutting run its course?

Acacia Mining’s Q1 financials show a sharp unit costs rise – is this a sign that mining cost cutting capabilities are already petering out?

Swiss gold exports show Asia buying more

India and China boosted 2013 purchases when investors dumped the yellow metal.

Does any nation hold the gold it says it does?

There is little or no transparency in the way central banks report national gold reserves to the IMF.

Acacia’s core profit falls on low gold prices

First-quarter core profit fell 18% as low gold prices offset an increase in ounces sold.

Newcrest cuts capex target as gold output rises

Gold production for the quarter reached 610,186 ounces versus 577,110 ounces in the previous quarter.

Gold seesaws around $1,200/oz

The market has fluctuated around $1,200 an ounce since late March.

Metallon’s Zim unit misses Q1 gold output by 15%

Runs five gold mines in Zimbabwe through its Metallon Gold unit.

Nord Gold Q1 revenue up 29% year-on-year

Revenue rose 29% year-on-year to $355.6 million due to higher production.

DRC to restart talks over mining code – Randgold CEO

DRC intends to re-engage on fiscal changes that had brought criticism from the industry.

Philex gets govt clearance for $1.2bn mine

Philippine government has cleared the development of its Silangan copper-gold mine.

Sudan gold mine collapse leaves 6 dead

May have left more than 30 others trapped underground.
JSE ALSI54,9610.50%2015-04-28 09:14 +0000
Hang Seng28,4430.03%2015-04-28 09:13 +0000
Nikkei20,0590.38%2015-04-28 09:13 +0000
NASDAQ5,060-0.63%2015-04-28 09:13 +0000
Dow Jones close18,0802015-04-28 09:13 +0000
S&P 500 close2,1182015-04-28 09:13 +0000
Gold1,201.61-0.06%2015-04-28 09:13 +0000
Silver16.39-0.12%2015-04-28 09:13 +0000
Platinum1,141.75-0.34%2015-04-28 09:13 +0000
Palladium773.75-0.71%2015-04-28 09:13 +0000
Gold ZAR/oz14,372.84-0.27%2015-04-28 09:13 +0000
Brent Crude64.35-0.36%2015-04-28 09:13 +0000
USD / Euro0.917-0.16%2015-04-28 09:15 +0000
CAD / USD0.827-0.03%2015-04-28 09:14 +0000
ZAR / USD0.0840.20%2015-04-28 09:13 +0000
UAD / USD0.7900.65%2015-04-28 09:14 +0000

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