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R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74
 

Reuters

Gold steadies above $800 after 1% drop

13th November 2007 Gold fell more than 1 percent on Tuesday, before bargain hunters resurfaced and plucked the price from its lowest level nearly two weeks, but weaker oil could encourage investors to lock in profits from a recent rally. Spot gold hit a low of $790,80, its lowest level since November 2, before... 

Congo Republic sheds 'blood diamond' tag

9th November 2007 Congo Republic was readmitted to an international mechanism regulating the diamonds trade this week after convincing experts it had tightened controls on so-called "blood diamonds".  

Gold Fields restarts shut shaft, full ouput Monday

2nd November 2007 Gold Fields, the world's fourth ranking gold producer, had restarted operations at the shut No. 4 shaft at Kloof, its second-biggest mine, on Friday morning and would ramp-up to full output by Monday. 

Mozambique plans to double mining investment by 2012

15th October 2007 Mozambique wants to double new mining investments in the next five years and boost economic growth by fast-tracking mining licenses, National Mining Director Fatima Momade said.  

Gold falls 2,7% on dollar rise, profit-taking

2nd October 2007 Gold fell 2,7% on Tuesday as a rising dollar prompted investors to take profits from the metal's 28-year highs, but analysts said the upward trend remained intact. 

Gold inches up on oil, but muted ahead of data

4th September 2007 Gold inched higher on Tuesday as firm energy prices encouraged buying, but the market moved in a tight band ahead of the release of US economic data that may offer new direction to precious metals. 

Gold Fields to resume work at Driefontein shaft

4th September 2007 South Africa's Gold Fields was given permission to resume work at a shaft at its biggest mine after an earth tremor forced it to suspend operations, a company spokesman said on Monday. 

Camec vows to fight Congo licence revocation

30th August 2007 Mining group Camec said it would fight the Democratic Republic of Congo's (DRC) move to revoke its mining licenses -- a decision it said was intended to derail the company's pursuit of Canada's Katanga Mining. 

Camec makes C$1,5bn bid for Katanga

29th August 2007 London-listed Central African Mining & Exploration launched a formal offer for Katanga Mining Ltd on Wednesday, but Katanga CE Arthur Ditto said he was not interested. 

Gold edges higher as stock markets rebound

2nd August 2007 Gold edged higher on Thursday in subdued trade as global financial markets rebounded after falling sharply the previous session on prevailing risk aversion. 

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