Australia’s 2008 gold output may fall to lowest level since ’89

Australia's gold production increased by 3% to 56 tons in the September quarter, compared with the previous three-month period, although this was still the third-lowest quarterly output recorded by the country in the past 20 years, mining...

GBS' gold takeover declared unconditional

International mining company GBS Gold International at the weekend announced a takeover offer for ASX-listed gold company Northern Gold, made through its wholly-owned subsidiary GBS Gold Australia.

Harmony sells stake in Oz prospect for R117m

Gold-miner Harmony on Friday said that it had reached an agreement with Northern Gold on the divestment of its 50% stake in the Burnside joint venture, in Australia, for A$24-million (R117-million).