MINING – Pan African shifts to safer gold

Pan African Resources has made a move into cheaper and safer gold, pouring the first gold at its R1.74bn Elikhulu tailings retreatment project at Evander. Pan African has said it...

Impairment drags Gold Fields to loss

Analysts grill CEO Holland at results presentation about failure to make South Deep mine profitable Gold Fields reported an interim net loss of $369m as it took a hefty impairment...

Price fall adds to platinum woes

Investor flight knocks metal to lowest level in a decade at $760, piling on the pressure for struggling producers The long-suffering platinum industry was dealt another blow this week when...

ECR Minerals to become more proactive in Argentina

ECR Minerals PLC (LON:ECR) has told investors it intends to become more proactive in Argentina after management visited the country, meeting with the Department of Mining and being presented...

DGCX in deal to boost Dubais Islamic finance status

The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) have signed a MoU to share knowledge, promote shariah compliant finance, and help foster...

Donlin Gold mine a potential new Cook Inlet gas buyer

Though a proposed gold mine would be more than 200 miles from the Kenai Peninsula, it would affect the region as a new buyer in Cook Inlets natural gas...

Perth Mint Physical Gold ETF (NYSE Arca: AAAU) Debuts as First...

AAAU is fully backed by physical gold and that underlying physical gold is guaranteed by the Government of Western Australia with shares exchangeable for delivery of a wide range of gold...

Data and Analysts Mark Gold as Safe-Haven Amidst Growing Trade War...

Gold prices rebounded on Tuesday as U.S. Dollar softened. Gold Spot rose 0.38% to USD 1,198.01 per ounce during the Tuesday trading session. U.S. Gold future for December delivery...

Bank unhappy with Gold Fields ‘debacle’

Questions latest attempt at South Deep revival Project has already cost investors R32bn Bank of America Merrill Lynch, one of the world’s biggest investment banks, describes Gold Fields’ latest attempt...

Daily Mail, London, Market Report column

A SLUMP in earnings at Chilean copper miner Antofagasta tarnished the company's shine, wiping £654.6m off its market value. Antofagasta announced that earnings for the first half of the year...

ANC says opposed to job cuts in mining industry

The governing ANC said on Wednesday that it was emphatically against any retrenchments in both the private and public sectors, and that it was unsustainable for mineworkers to continue...

Data Points to Gold as a Hedge Against Fear of Escalating...

Gold is widely considered as a safe-haven asset at the time of political and economic turmoil. According to Bloomberg, gold price in terms of Turkish lira jumped 30% since...
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