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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

  • Thousands of Peruvians search rivers for gold 21 Dec 2009 04:30 GMT
    ... and sells for more than $1,100 an ounce. The tousled 30-year-old works a homemade gold-mining ... up from the river bottom. The price of gold has increased 50 percent in the past ... AROUND THE WORLD •China overtook South Africa as the world’s top gold producer in ...

  • Platinum jewellery outshines gold in China 20 Dec 2009 17:31 GMT
    ... Hong Kong, and turnover on the Shanghai Gold Exchange (SGE). Both have been very strong ... supply (due to the power crisis in South Africa), China’s demand really took off in ... this shows these falling back to 79,048 oz, the lowest since December 2008. In total, ...

  • Investing in Gold: Why does gold for delivery cost more than 'spot' price? 20 Dec 2009 14:41 GMT
    ... When a person is looking to buy gold they should ... a premium over and above the spot price of gold. Stock exchanges price gold and silver as ... mints are Canadian Maple Leafs, Chinese Pandas, South African Krugerrands, Australian Nuggets and Kangaroos, Austrian Philharmonics, ...

  • Greystar Resources Appoints Richard Robinson to Board of Directors 20 Dec 2009 13:34 GMT
    ... ") is pleased to announce the appointment of Richard L. Robinson to ... an executive director of Gold Fields of South Africa Ltd (GFSA). During his tenure, Robinson led ... grade or recovery rates, fluctuations in the price of gold and silver, risks relating to additional funding ...

  • Peru's new gold rush damages environment 20 Dec 2009 05:35 GMT
    ... state of Madre de Dios in Peru. South Africa to become the world's top gold producer ... sucked up from the river bottom. The price of gold has increased 50 percent in the past ... three years ago, about the time that gold prices began to climb in earnest. Pressure hoses ...

  • Randgold shareholders approve Kibali transaction 19 Dec 2009 12:31 GMT
    ... the Kibali Acquisition. Randgold is pleased to announce that, at the extraordinary general meeting held ... to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, ... and Mark David Wanless of SRK Consulting (South Africa) (Pty) Ltd ("SRK") (each a Qualified Person ...

  • Aberdeen Reports Shareholders' Equity of $1.08 Per Share and Third Quarter Financial Results 19 Dec 2009 12:17 GMT
    ... to benefit from the theme of higher gold prices and increasing investor interest for gold equities. ... First Uranium's Mine Waste Solutions operation in South Africa, biggest equity holdings were junior gold and ... positioned to take advantage of an increasing gold price through our royalties in South Africa and ...

  • Analysts expect firm gold price next year and gold stock gains 19 Dec 2009 10:00 GMT
    ... HOME > WHATS NEW Analysts expect firm gold price next year and gold stock gains Analysts ... outweighing the impact of higher metal prices. South Africa's Harmony Gold, the fifth-largest gold miner, is ... prices. JP Morgan said it expects its South African gold share picks to outperform gold prices ...

  • Salvation Army collects special coins 19 Dec 2009 08:17 GMT
    ... Shoppers can hear the melody of “Silver and Gold” ... North Vermilion Street. Then on Wednesday, a South African Krugerrand was found wrapped in a $10 ... for the $5 gold piece.” With the price of gold climbing in recent months, Lowder estimates the ...

  • How to get through another year 19 Dec 2009 04:30 GMT
    ... climbed to over US$3/lb. In October 2009, gold surged to a near-term high of US$1,200 per ounce and silver is demonstrating similar buoyancy. “These ... Zoghby, Global Mining Leader, Deloitte Touche Tohmatsu (South Africa) “To survive ongoing volatility, companies need to ...

  • New Dawn Mining Corp. Reports Financial Results For the Year Ended September 30, 2009 18 Dec 2009 22:15 GMT
    ... respect to the Blue Dot Project in South Africa, and a gain on the revaluation of ... upon a 2.45 g/t cut-off and US$875/oz gold price at the Turk and Angelus Mines. An ... risks relating to reserve and resource estimates, gold prices, exploration, development and operating risks, political and ...

  • New Dawn Mining Corp. Reports Financial Results For the Year Ended September 30, 2009 (CNW) 18 Dec 2009 22:10 GMT
    ... share, primarily with respect to the in South Africa, and a gain on the revaluation of ... upon a 2.45 g/t cut-off and US$875/oz gold price at the Turk and Angelus Mines. An ... risks relating to reserve and resource estimates, gold prices, exploration, development and operating risks, political and ...

  • Gold slot podcast excerpt: Jeff Nichols ' MD, American Precious Metals Advisors 18 Dec 2009 21:07 GMT
    ... Jeff, as we are looking at the gold price today, it's down $100 from the peak ... think that the basic drivers of higher gold prices for the next few years are really ... there fairly regularly. We've had here in South Africa quite a lot of propaganda from the ...

  • Gold coin dropped in Goshen Salvation Army kettle 18 Dec 2009 19:51 GMT
    ... Gold coin dropped in Goshen Salvation Army kettle Dec 18, ... via COMTEX News Network) -- A 1979 South African Krugerrand gold coin was dropped in a ... its gold content and condition. Presently, the price of gold is about $1,100 per ounce, Pollom stated ...

  • China Set To Drive Up Global Demand For Gold 18 Dec 2009 17:02 GMT
    ... Gold Council's numbers: April 2009 saw China announce it held 1054 tonnes. This spring's announcement ... directly from the minehead. That was how South Africa built its forex reserves during apartheid sanctions ... not practical." Because China-inspired surges in the gold price would only work to make buying gold more ...


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