SOUTH AFRICA

IBTimes Logo

Gold One Aims to Double Gold Production

Australia-based gold mining company Gold One International Ltd., which operates in South Africa, said Wednesday it expects to meet its goal of doubling its gold production this fiscal year.
More news
IBTimes Logo

Gold Prices, Treasuries Down as Stocks Climb

Gold prices dropped sharply in holiday-thinned trade on Monday, falling as much as 2.7 percent after Wall Street stocks opened higher, deflecting interest from the safe-haven metal.
IBTimes Logo

DRDGold Posts Big Earnings Increase

DRDGold , South Africa's fourth largest gold producer, said on Monday its headline earnings more than doubled as it lifted output during a period when the gold price steadily advanced.
IBTimes Logo

Early Asian Price Decline Eases

Gold prices eased a touch in holiday-thinned trade on Monday as investors took bets on higher prices off the table, disappointed by a lack of clear guidance from the Federal Reserve on Friday on the options for U.S. economic stimulus.
IBTimes Logo

Australian Gold Production Up 10 Percent

A drive to benefit from record bullion prices lifted Australian gold production by 10 percent, or 24 metric tons, to 270 metric tons in the 2010/11 financial year, maintaining Australia's No. 2 ranking behind China, a sector survey released on Sunday showed.
Susan Shabangu

S.Africa: Mines Minister to Assess Industry Progress

South Africa's mines minister Susan Shabangu will in a few weeks time give her assessment of how much progress the industry has made in reaching the targets of a charter aimed at giving previously excluded blacks a higher share of ownership, her spokesperson said on Friday.
Rebel fighters check an armoured door at a tunnel in the ransacked Bab al-Aziziya compound of ousted Libyan leader Muammar Gaddafi in Tripoli

Rebels Send in Special Forces to Hunt for Gaddafi

Libyan rebels said they were sending in special forces units in their hunt for fugitive strongman Muammar Gaddafi, whose supporters are now pinned down in pockets of resistance in the capital, Tripoli.
A rebel steps on a poster of Libya's leader Muammar Gaddafi at Rixos hotel in Tripoli

Hunted in Tripoli, Gaddafi Hurls Defiance

Fugitive strongman Muammar Gaddafi taunted his Libyan enemies and their Western backers from his hiding place as NATO targeted his hometown and rebels announced a move to govern the country from Tripoli.
IBTimes Logo

Gold Fields Ltd. Warns of Spurious Web Sites

Gold Fields Ltd., a major gold mining company, warned Thursday that there were several Web sites that use Gold Fields branding and purport to be investment vehicles on behalf of the company.
IBTimes Logo

Harmony Gold Sees Output Jump

South Africa's Harmony Gold Mining Co , the world's fifth-largest gold producer, said on Wednesday output for its 2012 financial year should rise to between 1.45 million ounces and 1.55 million from around 1.3 million in 2011.
IBTimes Logo

U.S. Ambassador Visits Rebellious Syrian Town

The U.S. ambassador made a surprise trip to a southern Syrian town Tuesday, his second visit to an area rocked by protests against President Bashar al-Assad and a move likely to antagonize the authorities in Damascus.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.