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Gold

Silver hits 30-year peak

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Spot silver is trading at historical levels, buoyed by a weak dollar and strength in base metals, while gold is holding steady on good physical demand.

All that glistens isn’t gold

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Humble silver, copper and some other commodities kicked dust in the eyes of the gold bulls in 2010.

Ivory Coast, Loulo hit Randgold output

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Randgold Resources says its fourth-quarter production will be negatively hit by the impact of the political tension in Ivory Coast and a below-target contribution from its Loulo project in Mali.

Still time to buy SA gold shares

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South African gold shares are a buy despite the strong rand and continued steep increases in mines’ working costs.

Some Aurora workers remain unpaid

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A total of R800,000 has been paid towards the salaries of some Aurora Grootvlei miners from Springs, says the department of labour.

Simmers CEO resigns

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Simmer & Jack CEO Nico Schoeman has resigned and will be replaced by company CFO Marius Saaiman.

Searching gold on the ocean’s bottom

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At the surface of the Atlantic Ocean, on the West Coast of South Africa, there is gold. How much is still unknown - and whether it would make economic sense to exploit it.

Aurora granted more time to secure funds

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Aurora Empowerment Systems has been given until the end of February to produce funding guarantees to buy assets of the financially stricken Pamodzi Gold.

SA records gold output gains

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South Africa's gold output during the third quarter rose 2.1% compared with the second quarter, says the Chamber of Mines.

Gold up on physical buying

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Spot gold is trading higher as healthy physical demand buoys prices.