FOLLOW US

Gold slump not over as speculators go net-short

Hedge funds swung into a net-short position for the first time.

Acacia second-quarter profit falls 70%

Profit dropped 70% after mining costs rose and bullion prices slid.

Gold below $1,100 threatens profit at one-third of producers

Showed a Bloomberg Intelligence note on Friday.

Ivory Coast power cuts boost Tongon mine costs

Randgold CEO says the persistent power cuts have adversely affected operational costs and output at its Tongon mine.

Tanzanian junior gold miner coming good again

Shanta Gold, which produces gold at its New Luika mine in Tanzania, is now well on track to up production and lower AISC into the bottom quartile.

AngloGold leads bullion-stocks drop as metal falls

Gold stocks dropped as bullion fell to a five-year low.

Gold’s role as an asset in question as prices sink

Prices have plunged to a five-year low.

Polyus profits on gold plunge from hedges

The miner’s first-half revenue was about $44 million better off because of the hedges.

Commodities collapse: It’s not just about gold

Year to date gold and silver have actually outperformed leading base metals copper and aluminium.

Barrick director Goodman quits to avoid conflicts

The move thins the ranks of directors with mining experience on Barrick’s board.

Shelter from gold rout: Australian miners provide safe haven

Canny investors are seeking refuge in Australian gold mining stocks.

Newcrest gold output rises 6% to beat estimates

Production was 673,542 ounces in the three months ended June 30.

Bloodshed seen if strike called at SA gold mines

A pay strike at South African gold companies could result in more violence at the mines.

Investors seek gold revenge after prices tumble

Investors aren’t just getting out of gold, they’re betting against it.

Newmont second-quarter adjusted earnings rise

Based on this performance, the miner raised its gold output forecast and lowered its cost outlook.

Gold sinking to $800 in worst-case outlook – Morgan Stanley

The metal last traded below $800 in 2008.

Randgold, Centamin ‘harshly treated’ by gold rout

UK-listed gold equities have been unnecessarily harshly treated in recent days, says Investec.

Shutter pressure

Analysis: Asking the question of what an $1,100-gold world means for miners.

Don’t count on India to come to gold’s rescue

Indians aren’t rushing to buy bullion after this week’s sharp sell-off.

MARKET INDICATORS

JSE ALSI
Hang Seng
Nikkei
NASDAQ
Dow Jones close
S&P 500 close
Gold
Silver
Platinum
Palladium
Gold ZAR/oz
Brent Crude
USD / Euro
CAD / USD
ZAR / USD
UAD / USD

MINEWEB NEWSLETTERS


Verification Image