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

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  • Randgold turns a new gold leaf 11 Nov 2009 05:30 GMT
    ... RandGold Resources has bounced back from its $1.43 million ... are a growing company much like some South African growth stories in the 1990s that everyone ... obviously reaping the benefits of a strong gold price," he added. Bristow and analysts expects the ...

  • Tussle vexes ratings agencies, but minister dismisses fears 11 Nov 2009 03:30 GMT
    ... rand firmed in early trade and the gold price was steady, defying notion of crisis. Konrad ... crisis. Konrad Reuss of Standard & Poor's South Africa said: "Certainly investors will have questions about ...

  • A Normandy riddle is solved 11 Nov 2009 06:13 GMT
    ... After 30 years in the hands of a Frenchman, the ... his clients' and his own money into South African Krugerrands when gold was $35 an ounce. On Monday gold closed at $1,100 an ...

  • A Normandy riddle is solved (Today) 11 Nov 2009 06:13 GMT
    ... After 30 years in the hands of a Frenchman, the ... his clients' and his own money into South African Krugerrands when gold was $35 an ounce. On Monday gold closed at $1,100 an ...

  • Buffett's Aversion to Gold Could Cost Him 10 Nov 2009 12:31 GMT
    ... Warren Buffett’s position on gold is well known, if a little difficult ... out of the ground, you know, in South Africa or someplace and then transporting it to the ... Hathway ( ) book value and an ounce of gold over fifteen years in the ...

  • Buffett on Gold 10 Nov 2009 15:56 GMT
    ... ’s position on gold is well known, if a little difficult ... out of the ground, you know, in South Africa or someplace and then transporting it to the ... of Berkshire Hathway book value and an ounce of gold over fifteen years in the ...

  • Gold Wheaton Reports Financial Results for Third Quarter 2009 10 Nov 2009 22:16 GMT
    ... Gold Wheaton Reports Financial Results for Third Quarter ... ("Gold Wheaton") (TSX VENTURE:GLW) is pleased to announce the financial results of operations for the ... production from First Uranium's Ezulwini Mine in South Africa, with minimum gold purchases of 16,500 and ...

  • Zacks Analyst Blog Highlights: Freeport-McMoRan, Barrick Gold Corp., Deutsche Telekom, AT&T and Verizon 10 Nov 2009 22:43 GMT
    ... one explain the recent move in the price of gold to over $1,100 an ounce? Historically, gold ... and the ore grades in places like South Africa have been going down. That, combined with ...

  • Gold reaches new high, helps to fuel rand strength 10 Nov 2009 05:10 GMT
    ... surged over $1 100 (R8 136) an ounce yesterday to hit a new record high ... worth of net foreign investment flowed into South African shares and bonds last week, bringing the ... supported by the carry trade attracted by South Africa's relatively high interest rates. Carry traders borrow ...

  • First Quantum Minerals Reports Operational and Financial Results for the Three and Nine Months Ended September 30, 2009 10 Nov 2009 22:47 GMT
    ... (tonnes) 93,486 82,187 275,412 238,780 Production - gold (ounces) 43,357 25,811 130,609 76,533 Sales - ... the Kolwezi project, Industrial Development Corporation of South Africa ("IDC") and the International Finance Corporation ("IFC"), have ... the Company had no choice but to announce that it had suspended construction at its ...

  • Global sentiment sees JSE in the black 10 Nov 2009 09:04 GMT
    ... SOUTH AFRICAN stocks opened in the black today tracking ... Gold was quoted at $1,101.25 a troy ounce from $1,106.70 at the JSE's last close, ...

  • SA stocks make good gains 10 Nov 2009 06:50 GMT
    ... SOUTH African stocks ended 412 points higher yesterday, ... percent, platinum producers rising 1.17 percent and gold miners inching 0.19 percent higher. Banks advanced ...

  • EMERGING MARKETS-Stocks up; Taiwan latest with FX controls 10 Nov 2009 12:33 GMT
    ... Brazil is now taxing foreign inflows while South Africa and Korea have also introduced measures to ... the highest since June 2007. Elsewhere the South African rand was flat after a 1.7 percent ... weaker dollar and thanks to record high gold prices. The bullish mood on emerging markets also ...

  • Market watcher: Martin Jankelowitz ' Ginsburg Asset Consulting 10 Nov 2009 20:54 GMT
    ... be pumped into the global system and South Africa as a small open economy will be ... South Africa, positive for the rand. The gold price is stronger in this environment. So yes, ...

  • Eskom: Leave racism out of it, says Mantashe 10 Nov 2009 11:51 GMT
    ... African National Congress secretary general Gwede Mantashe on Tuesday ... the lowest level of irrationality," Mantashe told South African Broadcasting Corporation radio news. "By beginning to ... early trading on Tuesday and that the gold price was holding steady, defying any notion of ...


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