Could SA’s gold mining industry be gone by 2020?

Peter Major on how management has lost control of their mines.

Gold steadies as dollar rally loses steam

Prices remain under pressure from expectations that a US rate increase may come soon.

Is China backing the Yuan with gold?

The inconvenient truth about a gold-backed Yuan.

Trapped IAMGOLD miners safe after collapse

Halted mine operations after an underground collapse trapped 9 workers.

Russia’s central bank increasing gold reserves

Gold is a reserve asset that is free from legal and political risks, says a senior central banker.

Barrick deal fulfills Thornton’s aim of forging China link

Thornton’s decision to partner with Zijin fulfills one of his key goals: forging a strategic link with China.

Barrick to sell 50% in PNG unit to Zijin

Barrick Niugini owns 95% of the Porgera gold mine.

Sibanye still keen on Anglo’s platinum mines

May still bid for the South African mines that Anglo American wants to dispose of.

Gold price struggling against resurgent dollar

Dropped below the key psychological $1,200 mark Monday morning.

Chinese do export gold – to Hong Kong: Klapwijk

Most analysis of Chinese gold consumption assumes that no gold is exported. Philip Klapwijk explains that this is not necessarily the case.

China sets up gold fund as part of Silk Road initiative

Expected to raise about $16.13 billion in three phases.

Russia/Kazakhstan raised gold holdings in April – IMF

Jordan entered as a steady buyer earlier this year, shows IMF data.

Austria to repatriate gold from Britain – newspaper

Krone newspaper reports that the country’s central bank plans to repatriate some of its gold reserves from Britain.

Barrick sells Cowal gold mine for $550m

Agrees to sell the mine to Australia’s Evolution Mining for $550 million.

Brewer-turned-miner wary of predators as gold M&A pace quickens

“Making and selling beer should have been a lot less risky than trying to find a gold mine”

Gold Fields among final bidders for Barrick mine

Submitted final offer for the Cowal gold mine in Australia.

Peak gold seen as ‘weaklings’ bite the dust

‘We are waiting for the weaklings to drop off’, says Polymetal CEO Vitaly Nesis.

Tanzania gold output snaps two-year decline

Output edged up 1.26% in 2014 to 1.27 million ounces.

Zimbabwe first-quarter gold output up 25%

Production rose to 4,180 kg in the January-March quarter.
JSE ALSI52,933-0.06%2015-05-28 05:46 +0000
Hang Seng27,640-1.57%2015-05-28 05:49 +0000
Nikkei20,5270.27%2015-05-28 05:49 +0000
NASDAQ5,1071.47%2015-05-28 05:49 +0000
Dow Jones close18,0422015-05-28 05:47 +0000
S&P 500 close2,1042015-05-28 05:47 +0000
Gold1,188.860.07%2015-05-28 05:47 +0000
Silver16.720.18%2015-05-28 05:47 +0000
Platinum1,121.200.24%2015-05-28 05:47 +0000
Palladium786.15-0.03%2015-05-28 05:47 +0000
Gold ZAR/oz14,307.650.10%2015-05-28 05:47 +0000
Brent Crude62.530.39%2015-05-28 05:47 +0000
USD / Euro0.916-0.17%2015-05-28 05:46 +0000
CAD / USD0.8030.02%2015-05-28 05:46 +0000
ZAR / USD0.0830.01%2015-05-28 05:47 +0000
UAD / USD0.771-0.23%2015-05-28 05:46 +0000


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