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Gold News

‘Gold expected to average $280/oz’

By: System Author     11th February 2000 Over the next six months gold is expected to trade in a $265 to $305 range, averaging around $280/oz. 

Target’s four 2000 projects

By: System Author     11th February 2000 Four main projects have been identified for Avgold’s Target gold-mine for the year 2000 – the access route, the refrigeration process, airways and stoping infrastructure. 

Jewellers relying on stolen gold?

By: System Author     11th February 2000 A portion of the South African jewellery trade is probably relying on a feedstock of stolen gold. 

R1,38m pumps for Morila

By: System Author     11th February 2000 Pumps 

Mpumalanga mine going trackless

By: System Author     11th February 2000 Conversion of Eastern Transvaal Consolidated’s manual stoping operations to trackless stoping continues. 

Randfontein adds weight and weighty concerns

By: System Author     11th February 2000 It has been a tumultuous year already for independent gold producer Harmony. 

SA has talent, labour to make platinum-jewellery trade shine

By: System Author     11th February 2000 Platinum-group metals 

Ultradeep research on the ascendancy

By: System Author     28th January 2000 The first phase of project Deepmine, a research programme investigating the challenges of mining gold between depths of 3 000 m and 5 000 m, is on schedule for completion by March 2001. 

SA still world’s highest-cost producer

By: System Author     28th January 2000 Gold 

Sugar and spice – and gumboots

By: System Author     28th January 2000 Gold 

Marketing gold’s bright future

By: System Author     28th January 2000 Gold 

SA gold-production slump continues

By: System Author     28th January 2000 Gold 

Ground swap marks new strategy

By: System Author     28th January 2000 Gold 

Peruvian gold symposium

By: System Author     28th January 2000 Peru will host its Fourth International Gold Symposium from May 2 to 5. 

More power for growing gold mine

By: System Author     28th January 2000 Electricity utility Eskom installed a dedicated power line within two weeks for the reborn Afrikander Lease gold-mine after power cuts, stemming from poor weather caused production disruptions. 

Editorial/Cartoon

By: System Author     28th January 2000 Editorial 

South Africa’s new Mr Gold

By: System Author     10th December 1999 Anglogold 

New view on benchmark

By: System Author     10th December 1999 Anglogold 

33 km of pipe for gold-mine

By: System Author     3rd December 1999 Morila Gold-Mine 

Resource estimate upgraded

By: System Author     3rd December 1999 Morila Gold-Mine 

African exploration falls under spotlight

By: System Author     3rd December 1999 Morila Gold-Mine 

Joint venture is a success

By: System Author     26th November 1999 Western Areas Placer dome 

A million ounces by 2003

By: System Author     26th November 1999 Western Areas Placer Dome 

Mining costs down by R10 000/kg

By: System Author     26th November 1999 DRD/Harties 

Service-sharing unleashes synergy

By: System Author     26th November 1999 DRD/Harties 

New entity likely to list offshore

By: System Author     26th November 1999 Western Areas Placer Dome 

$25m-a-year in market development

By: System Author     19th November 1999 Amplats 

Hedging is forever, Godsell proclaims

By: System Author     12th November 1999 Hedging has been entrenched as a permanent fixture of Anglogold by CEO Bobby Godsell. 

Hedging is for never, Swanepoel maintains

By: System Author     12th November 1999 Totally and immediately exposed to the viscissitudes of the gold price, the completely unhedged Harmony Gold Mining entered the fourth quarter of the year well-placed. 

Hedges are for cutting – Thompson

By: System Author     12th November 1999 A new vision for Driefontein has been spelled out. 

Unhedged belong in casinos – Brett

By: System Author     12th November 1999 A merger between neighbouring gold-mining companies Durban Roodepoort Deep (DRD) and Randfontein Estates does not appear to be on the cards. 

80% unhedged, still gilt-edged – Roger

By: System Author     12th November 1999 Randgold creating “butterflies from caterpillars”. 

Only 30% help gold

By: System Author     12th November 1999 AngloGold has itself had to embark on a market-development programme to augment gold production. 

Gold-mines neglecting systems, equipment

By: System Author     12th November 1999 Instrumentation & Control 

Editorial/Cartoon

By: System Author     12th November 1999 Editorial 

South African giant is set to explore the Americas

By: System Author     5th November 1999 SA explores the Americas 

Editorial/Cartoon

By: System Author     5th November 1999 Editorial 

Limited diamond edition

By: System Author     5th November 1999 In an aggressive move to promote the global sale of diamonds, diamond-mining giant De Beers has teamed up with jewellers around the world to increase the sale of diamonds at the turn of the century. 

 

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