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Gold News

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. 

‘Bruce’ Godsell: not packing for Perth but picking appropriate earth

By: System Author     29th October 1999 Not ‘Packing for Perth’ but improving open-cut ratios 

SA putting glitter back on to world’s most widely-held coin

By: System Author     29th October 1999 Adding glamour to Kruger coin 

Bobby and Bruce

By: System Author     29th October 1999 Editorial 

Black-empowerment company digs deep in mining

By: System Author     29th October 1999 JIC Mining Services, part of the black-owned Molope group, today produces 350 kg of gold a month, about 120 000 t of platinum ore a month employs 15 000 people. 

Amazing story of gold’s return from zero to hero

By: System Author     22nd October 1999 The gold industry has gone from hero to zero faster than you can say ‘backwardation’. 

85% of bank gold reserves won’t be sold

By: System Author     22nd October 1999 85% of total world gold reserves held by central banks as a store of value will not be sold. 

Could settle at $385/oz – Roffey

By: System Author     22nd October 1999 South Africa could be basking in a golden future should the gold price reach and maintain a level of US$360/oz or higher for at least six months. 

Editorial/Cartoon

By: System Author     22nd October 1999 Editorial 

Gold-mining, Mali

By: System Author     15th October 1999 Tenders for the mining contract to mine the openpit operation at the Yatela mine in Mali. 

First gold metallurgical plant in years on way

By: System Author     8th October 1999 South African gold producer Avgold is preparing what it hopes will be a model new-millennium gold plant for its developing Target mine in the northern Free State. 

Editorial/Cartoon

By: System Author     8th October 1999 Editorial 

First heap-leach gold

By: System Author     1st October 1999 The first gold has been produced from the R15-million heap-leach project at Afrikander Lease gold-mine near Klerksdorp on the West Rand. 

SA jewellery spirit is willing but the flesh needs strengthening

By: System Author     1st October 1999 South African–Italian workshops on jewellery machinery have been held in Johannesburg and Cape Town in an effort to reduce the acknowledged gap between Italian and South African jewellery manufacture. 

Recovery system hits gold

By: System Author     24th September 1999 New Mining Technologies 

IMF - I Make Faux pas

By: System Author     24th September 1999 Editorial 

SA’s new golden offering

By: System Author     17th September 1999 South Africa has recorded a breakthrough in getting its second customer for the solvent extraction gold-refining technology researched and developed. 

Raise climber for Great Noligwa

By: System Author     17th September 1999 The traditionally hair-raising job of raise box hole development has become safer, faster and more productive with the introduction of a Swedish raise climber in South Africa. 

Base metals better off than gold

By: System Author     10th September 1999 Base Metals 

Gold and lions to strengthen each other

By: System Author     10th September 1999 Gold and lions will come together at the Johannesburg zoo at a new lion enclosure costed at R6-million, which will include a gold and lion shop featuring South African designed and manufactured gold jewellery. 

Nike, watch out . . .

By: System Author     3rd September 1999 . . . here come the branded precious metals and minerals 

Platinum producer prepares

By: System Author     3rd September 1999 The world’s leading platinum producer, Amplats, has recommitted itself to a further 350 000 oz expansion programme by 2003 as it prepares for the ‘platinum century’. 

Resue mining re-emerges

By: System Author     27th August 1999 A study is under way at Target gold-mine in the Free State to investigate the possibilities of mechanised resue mining for deep-level mining. 

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