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Africa Gold News. Service for global professionals. Constantly updated news and information about Africa Gold.
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Latest Africa Gold News

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  • Gold prices spark incentive to cash in 'under-the-pillow' investments 25 Nov 2009 01:34 GMT
    ... In yesterday’s trading in the global markets, an ounce ... the Anatolia news agency, Halaç said soaring gold prices are making Turks richer but causing damage ... in countries such as Turkey, India and Egypt due to wedding ceremonies, in which relatives mostly present ...

  • We're running out of gold: miners 25 Nov 2009 06:34 GMT
    ... to replace them, these experts explain. South Africa, which was once at the vanguard of world ... found in recent years, despite the higher gold prices and despite higher exploration budgets," said Borg. ... two Olympic-size swimming pools," said Jabara. The price of gold, after reaching new highs over the past ...

  • We`re running out of gold: Miners 25 Nov 2009 09:22 GMT
    ... to replace them, these experts explain. South Africa, which was once at the vanguard of world ... found in recent years, despite the higher gold prices and despite higher exploration budgets," said Borg. ... two Olympic-size swimming pools," said Jabara. The price of gold, after reaching new highs over the past ...

  • JSE up almost 1% as gold miners shine 25 Nov 2009 09:17 GMT
    ... Gold was quoted at $1,178.45 a troy ounce from $1,164.32/oz at the JSE's last close, ... local trader said the spike in the gold price was lifting gold miners, but apart from that ... and comparable sales growth was -0.7%. Excluding African sales these growth figures were: total sales ...

  • JSE up as gold miners shine 25 Nov 2009 09:11 GMT
    ... new record high of $1,178.50 a troy ounce as liquidity-driven momentum for bullion shows no ... local trader said the spike in the gold price was lifting gold miners, but apart from that ... comparable sales growth was -0.7 percent. Excluding African sales these growth figures were: total sales ...

  • Rand joins gold rush 25 Nov 2009 11:15 GMT
    ... at midday on Wednesday, tracking a record gold price, with the euro also stronger against the greenback. ... overnight. Gold last quoted at $11177.78 an ounce. A local trader said: "We are seeing ... few clips on the improvement in South Africa's CPI number to within the target range, ...

  • South African Markets - Factors to watch on Nov 25 25 Nov 2009 06:34 GMT
    ... moves and political events may affect South African markets on Wednesday. PRETORIA-Stats S.A. releases October ... about capital raisings and government economic policy. Gold rose to a record high above $1,175 on Wednesday, ... out of recession, while a fall in gold shares and weaker global equities dragged South African ...

  • STOCKS NEWS AFRICA-Hotels, banks pull Mauritius bourse down 25 Nov 2009 13:13 GMT
    ... up 1.51 percent at 220 rand and Gold Fields advancing 1.56 percent at 110.70 rand. ... local trader. Gold rose above $1,178 an ounce, while spot platinum traded above $1,460 an ... jump nearly 10 percent as the South African mezzanine financier says it is involved in talks ...

  • Mary to give Oz culture lesson 25 Nov 2009 09:51 GMT
    ... parties in Thailand to adrenaline-filled activities in Africa, check out the best ... PERFORMERS twist ... TO mark the arrival of summer, the Gold Coast came to Sydney's streets in a bid ...

  • Midlands Commences Drill Preparation For More Gold on Sian and Praso-Ghana 25 Nov 2009 14:30 GMT
    ... ("Midlands" or the "Company") is pleased to announce that following the closing of the first ... the next drilling program on the Sian Gold project in Ghana. "We have received very ... qualified management and technical team with broad African experience and extensive experience in the countries in ...

  • Can speculators be tamed? 25 Nov 2009 10:36 GMT
    ... reached record high not to speak the gold prices, which is on a dream run. So is the gold price jumping just because there is huge demand ... they are trading the starving bellies of Africa, the poverty stricken farmers of Vidarbha in ...

  • Congo Army Helps Rebels Get Arms, U.N. Finds 25 Nov 2009 05:31 GMT
    ... that are smuggling millions of dollars in gold and other minerals out of Congo, helping sustain one of Africa's bloodiest and most complicated wars. A gold mine ... country each year, which at today's high gold prices is worth more than $1 billion, much ...

  • Congo Army Helps Rebels Get Arms, U.N. Finds (Today) 25 Nov 2009 07:32 GMT
    ... that are smuggling millions of dollars in gold and other minerals out of Congo, helping sustain one of Africa's bloodiest and most complicated wars. The lengthy report, ... country each year, which at today's high gold prices is worth more than $1 billion, much ...

  • EMERGING MARKETS-Up after Fed report; rouble eases 25 Nov 2009 11:51 GMT
    ... and raised 2010 growth forecasts. Also higher gold and oil prices along with a weaker ... The gainer of the day was South Africa which saw stocks up almost one percent and ... against the dollar, thanks partly to record gold prices. Latest data showed consumer inflation back within ...

  • We're running out of gold - miners 25 Nov 2009 02:54 GMT
    ... South Africa, which was once at the vanguard of world ... a spokeswoman for Goldcorp, Canada's second biggest gold mining firm. "Just because gold reached a ... found in recent years, despite the higher gold prices and despite higher exploration budgets," said Borg. ...


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