Latest South Africa Gold News
- Gold steadies as oil recovers, platinum choppy 15 May 2008 11:27 GMT
... Platinum struggled to hold above $2,000 an ounce amid signs electricity supply in main producer South Africa was returning to normal after power cuts ... for them to be restocking because the gold price could very easily get back above the $900 ...
- Gold flat after weaker dollar helps reverse fall 15 May 2008 10:05 GMT
... Platinum struggled to hold above $2,000 an ounce amid signs electricity supply in main producer South Africa was returning to normal after power cuts ... for them to be restocking because the gold price could very easily get back above the $900 ...
- JSE slips on resources 15 May 2008 09:39 GMT
... South African stocks dipped at the opening on profit ... gold was quoted at US$868.00 a troy ounce from US$867.15/oz at the JSE’s last close. ...
- JSE slips on resources and profit taking 15 May 2008 09:38 GMT
... STOCKS dipped at the opening today on profit taking ... gold was quoted at $868,00 a troy ounce from $867,15/oz at the JSE’s last close. ... reported adjusted earnings per share of 1,021,2 South African cents for the year ended March 2008 ...
- Statement re Morila Gold Mine 15 May 2008 08:29 GMT
... AngloGold Ashanti Limited \ (Incorporated in the Republic of South Africa) (Reg. No.1944/017354/06) \ ISIN Number: ZAE000043485 Corporate ... for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, ...
- JSE rallies to climb to new record levels 15 May 2008 06:57 GMT
... SOUTH African stocks rallied yesterday, but finished off record ... or R11,01, to R506,49. Pressured by easing gold price as the dollar strengthens, AngloGold Ashanti (ANG) ...
- Nevada is nation's top gold producer 15 May 2008 01:29 GMT
... 6.305 million ounces. However, because the average price of gold increased from $603 per ounce in 2006 to $695 per ounce in ... world gold production, outranked only by China, South Africa, and Australia. Nevada's copper production in 2007 ...
- » JSE jumps to new high 14 May 2008 18:27 GMT
... South African stocks rallied to a fresh intraday record ... percent to 506.49 rand. Pressured by easing gold price as the dollar strengthens, AngloGold Ashanti was ...
- Gold, Pt at record highs as US falters 14 May 2008 17:54 GMT
... Gold, Pt at record highs as US falters ... Spot gold hit an intraday high of $914.50/oz surpassing last week's record peak. Gold was ... at Daiichi Commodities in Tokyo. Miners in South Africa, the world's largest platinum producer, have ...
- JSE climbs to fresh record high 14 May 2008 17:48 GMT
... South African stocks rallied but finished off the record ... rand, to 506.49 rand. Pressured by easing gold price as the dollar strengthens, AngloGold Ashanti (ANG) ...
- Where did the church roof go? 14 May 2008 17:46 GMT
... with increasing frequency in the US. In South Africa, where telephone line theft is endemic, ... The recyclers were obviously after the platinum ($2,030/oz), palladium ($450/oz), and rhodium ($8,000/oz), in the ... close to where they once were. Take gold. The price peaked in 1980 at $850/oz, ...
- Gold to Oil Price Ratio Says Gold is Cheap 14 May 2008 17:10 GMT
... and elsewhere will ultimately lead to higher gold prices in the medium and long term. See ... the continuing sharp falls in production in South Africa and physical demand remaining robust especially in ... multiply it by 15 we get a gold price of $1,875. At the higher end of ...
- Miners More Hopeful About Power Cuts 14 May 2008 17:09 GMT
... about $24 million at the price of $1,578/oz it realised in the six months to ... ] said it lost 800 kilograms of gold, worth about R180 million ($23.6 million). DRDGold ... which use less power. This week Stats South Africa reported that mining production dropped 8.3% ...
- Gold, silver to stay firm on inflation, global financial cri 14 May 2008 17:09 GMT
... report warned. Going forward, investment factor for gold will remain strong throughout the year and ... slowdown looming ahead. A correction in the gold prices below the $900-mark was well anticipated, necessary ... around the metal's sensitivity to events in South Africa. This is likely to remain central to ...
- Many shares in one 'stock' 14 May 2008 16:36 GMT
... traders seek. The first ETF arrived in South Africa in late 2000 through a joint venture between ... Anglo American, Anglo Platinum, BHP Billiton, Barloworld, Gold Fields, Harmony, Impala Platinum, Mittal Steel, Sasol, ... to 1/100th of the value of an ounce of gold. Launched in November 2004, the ...
- Hawk Commences Exploration on the Holdsworth Gold Property, Wawa Area, Northern Ontario 14 May 2008 15:55 GMT
... Hawk Commences Exploration on the Holdsworth Gold Property, Wawa Area, Northern Ontario TORONTO, ONTARIO, ... News Network) -- )("Hawk") is pleased to announce that it has commenced field exploration consisting ... Basin is currently pursuing active projects in South Africa, Colorado, Mexico and the People's Republic of ...
- Platmin and Standard Bank agree a bridge loan financing facility for the Pilanesberg Platinum Mines project 14 May 2008 14:39 GMT
... are located in the Bushveld Complex of South Africa, which is estimated to contain approximately ... of Mine ("LoM") of the project of US$951/oz for platinum, US$299/oz for palladium, US$3,819/oz for ... for palladium, US$3,819/oz for rhodium, US$523/oz for gold for a 3PGE+Au basket price of approximately ...
- Platmin Limited - Loan Facility Agreed 14 May 2008 14:39 GMT
... Hazel Avenue Highveld Tech Park Centurion, 0067 South Africa Market Release May 14, 2008 Platmin and Standard ... the 'Company' TSX/AIM: PPN) is pleased to announce that a bridge loan facility of ZAR ... for palladium, US$3,819/oz for rhodium, US$523/oz for gold for a 3PGE+Au basket price of approximately ...
- Resources' time in the sun 14 May 2008 13:17 GMT
... the ways of investing in resources. In South Africa, which does not have markets which readily ... shares to choose? The failure of many South African gold mines to achieve profitability despite the ... mines to achieve profitability despite the propitious gold price levels; the patchy performance of many platinum ...
- Investec Global Gold Fund's platinum preference 14 May 2008 12:56 GMT
... HOME > PLATINUM GROUP METALS The Investec Global Gold Fund ... alternatives for investors seeking platinum exposure in South African shares, while alternatives to South African gold ... price inelastic. "Both platinum and rhodium were $900/ounce at the beginning of 2004, but rhodium ...
- AngloGold Ashanti takes bold steps to turn around 'undervaluation' 14 May 2008 12:54 GMT
... HOME > GOLD NEWS AngloGold Ashanti takes bold steps to turn ... further restructuring to increase participation in the gold price beyond 2010. Cutifani said the hedge book ... to improve its valuation, Cutifani said AngloGold's South African assets did represent a great resource base ...
- Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap 14 May 2008 12:53 GMT
... Some ETFs, such as the iShares MSCI South Africa Index Fund ( ), are built ... are built on indexes heavily weighted toward gold and platinum mining companies. Others, such as the PowerShares ... gold and silver bullion. Currently three funds—streetTRACKS Gold Shares ( ) and iShares Comex Silver Trust ...
- Gold ' any more upside? 14 May 2008 12:53 GMT
... Gold – any more upside? - Friday 18 Beyond the ... floor under this move at $652 per ounce. Standard Bank is more bearish still. "The ... 90-day period in 26 years. The South African Rand has never been weaker against gold ...
- » JSE stays firm 14 May 2008 12:05 GMT
... South African stocks remained firm at midday on Wednesday ... gold was quoted at $862.85 a troy ounce from $867.15 at the JSE's last close. ...
- JSE stays firm on resources 14 May 2008 11:31 GMT
... South African stocks remained firm at midday as merger ... rand, to 511 rand. Pressured by easing gold price as the dollar strengthens, AngloGold Ashanti (ANG) ...
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