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Latest South Africa Gold Mining News

  • AQUARIUS PLATINUM LIMITED - Fourth Quarter 2008 Production Results 24 Jul 2008 07:30 GMT
    ... key mining and finance positions on the mines. These changes to the company's contracting model ... increased 10% to $497 per ounce, while gold added 4%, closing at $934 per ounce. Platinum, ... into the amendments to the Mines and Minerals Act which are yet to be brought ...

  • Cosatu warns of even bigger strike   24 Jul 2008 06:29 GMT
    ... parts of the car manufacturing, textile and mining sectors to a standstill. Members of the ... 6 action," union spokesman Lesiba Seshoka said. Gold Fields reported that its second-biggest mine, Kloof, had ... while operations at the group’s other two mines were almost normal. AngloGold Ashanti’s West Wits ...

  • UPDATE 3-Gold bounces from 2-wk low, platinum near 6-mth trough 24 Jul 2008 06:20 GMT
    ... * Gold falls to two-week before bouncing on physical demand ... March after an electricity shortage that disrupted mining in main producer South Africa triggered speculative ... yen per gram to 3,229 yen. Precious metals prices at 0517 GMT Metal Last Change ...

  • First Uranium provides production and project development update for the first fiscal quarter ended 24 Jul 2008 05:54 GMT
    ... were in line with expectations - surface gold and uranium stockpile grades are in line with expectations ... uranium grades estimated in the current ME mineral resource block model. Ezulwini Mine Surface Stockpile ... of its South African uranium and gold mines with the goal of becoming a significant ...

  • Rwanda: Country Begins Exploring for Gold 24 Jul 2008 04:28 GMT
    ... The search for gold in Rwanda has started in Gicumbi District in the ... Bikoro, State Minister for Environment, Water and Mines said that this was a landmark in ... further said that if they found any mineral other than gold, they could apply to ...

  • Zimbabwe: Ruling Party Leaders Move Cash Abroad 24 Jul 2008 04:28 GMT
    ... out of Zimbabwe to either Britain or South Africa with minimal institutional scrutiny, after which it ... Finance Corporation has a 10% shareholding; Mettalon Gold, owned by South Africa's Mzi Khumalo and touted ... Africa Resources Limited (ARL) and its asbestos mines, owned by Zimbabwean businessman Mutumwa Mawere (AC ...

  • First Uranium provides production and project development update for the first fiscal quarter ended June 30, 2008 24 Jul 2008 04:17 GMT
    ... Mine Waste Solutions tailings recovery project ("MWS"). Gold production from MWS totaled 8,530 ounces of gold ... uranium grades estimated in the current ME mineral resource block model. Ezulwini Mine Surface Stockpile ... of its South African uranium and gold mines with the goal of becoming a significant ...

  • UPDATE 2-Gold hits 2-week low on oil, platinum at 6-mth trough 24 Jul 2008 03:35 GMT
    ... * Gold falls to two-week low as oil extends losses ... 35 percent of global demand for the metal. Gold fell as low as $916.40 ... March after an electricity shortage that disrupted mining in main producer South Africa triggered speculative ...

  • UPDATE 1-Gold hits 2-week low on oil,platinum at 6-mth trough 24 Jul 2008 02:25 GMT
    ... * Gold falls to two-week low as oil extends losses ... 35 percent of global demand for the metal. Gold fell as low as $916.40 ... March after an electricity shortage that disrupted mining in main producer South Africa triggered speculative ...

  • South Africa: Mining Shows the Way in Staff Training 23 Jul 2008 22:53 GMT
    ... THE mining industry in SA has trained a far ... showed. The findings contradict criticism by the minerals and energy department two weeks ago, after ... of the 18 biggest companies in SA's gold, coal, diamond, platinum and uranium mining sectors, ...

  • Gold slot. Mark Wellesley-Wood ' former CEO, DRDGold 23 Jul 2008 21:54 GMT
    ... Gold slot. Mark Wellesley-Wood – former CEO, DRDGold MONEYWEB: ... interest to anybody who's been following the gold-mining sector in South Africa. I think it's got into a broader, ...

  • --> Canaf Announces Resignation and Appointment of Directors 23 Jul 2008 20:36 GMT
    ... Group Inc. (TSX VENTURE:CAF) ("Canaf"), the Canada-registered mining group, today announced that it has accepted ... with Canaf from its inception as Uganda Gold Mine Ltd. but has decided to resign as ... subsidiary offices in the United Kingdom and South Africa. Canaf owns 100% of Quantum Screening and ...

  • Canaf Announces Resignation and Appointment of Directors 23 Jul 2008 20:33 GMT
    ... Inc. (TSX VENTURE: ) ("Canaf"), the Canada-registered mining group, today announced that it has accepted ... with Canaf from its inception as Uganda Gold Mine Ltd. but has decided to resign as ... subsidiary offices in the United Kingdom and South Africa. Canaf owns 100% of Quantum Screening and ...

  • CRB - Commodities Ring Bearish 23 Jul 2008 20:30 GMT
    ... Gold experienced a second day of heavy liquidations, following ... NY session, and threatened to take the metal back to the high $800's if the ... have been overcome for now. The country's mines appear to have limped along with the 90 ...

  • Hip joints that could last for ever 23 Jul 2008 18:58 GMT
    ... owned by De Beers, the South African mining group that is the world’s biggest supplier ... – found for instance in natural graphite minerals – to roughly 50,000 times the pressure ... a tonne, or 1,000 times dearer than gold. However, in most applications, tiny quantities of ...

  • Africa's Mining Industry Digs Deeper to Meet Demands of Commodities 'Super Cycle' 23 Jul 2008 18:23 GMT
    ... its storied past as a leader in gold and diamond production, South Africa "is mined out."  Teeling, ... that can extend the life of older mines. Indeed, the consensus was strong that mining ... convinced that technological advances used to discover minerals in unproductive mines could be harnessed to ...

  • SA gold miners hit hard in strike 23 Jul 2008 17:31 GMT
    ... SA gold miners hit hard in strike ] -- Gold ... at Harmony Gold's Gauteng and North West mines and surface operations supported the strike. "We ...

  • Kebble's Jaganda redux 23 Jul 2008 17:29 GMT
    ... shares in the name of R&E. between Randgold & Exploration (R&E) and JCI conceals an ... of the developing deep level South Deep gold mine. This week's settlement offer provides that JCI ... won a number of coveted "new order" mineral rights, after South Africa's mineral rights were ...

  • Name That (Altered) Tune 23 Jul 2008 17:18 GMT
    ... Gold prices fell further overnight, following yesterday oil-led and ... opened with a $9.50 loss in the metal, at $935.50 per ounce as the trade ... have been overcome for now. The country's mines appear to have limped along with the 90 ...

  • Life at sea ended on dry land 23 Jul 2008 16:31 GMT
    ... around the world, from the Philippines to South Africa and even up the Mississippi and Sacramento ... for Hong Kong. San Francisco and the gold fields of the Sierra beckoned in 1849. Garcia ... Six months later, he had earned $5,000 mining, enough to buy his own ship. His ...

  • --> Experienced Mining Engineer Joins Inter-Citic Team to Assist with Dachang Development Plans 23 Jul 2008 16:18 GMT
    ... ONTARIO--(Marketwire - July 23, 2008) - Inter-Citic Minerals Inc. (TSX:ICI) ("Inter-Citic" or "the Company") President ... with advancing development plans for the Dachang Gold Project. Mr. Gorman's focus will be overseeing the ... Mining Engineering from the Colorado School of Mines, Golden, Colorado USA. He is a Chartered ...

  • Experienced Mining Engineer Joins Inter-Citic Team to Assist with Dachang Development Plans 23 Jul 2008 16:15 GMT
    ... ONTARIO--(Marketwire - July 23, 2008) - Inter-Citic Minerals Inc. (TSX: ) ("Inter-Citic" or "the Company") ... with advancing development plans for the Dachang Gold Project. Mr. Gorman's focus will be overseeing the ... Mining Engineering from the Colorado School of Mines, Golden, Colorado USA. He is a Chartered ...

  • Full Speed Against the Brick Wall 23 Jul 2008 13:31 GMT
    ... energy. The boom with the price of gold [9] that within six months hit a record from ... more areas: with natural gas production, uranium mining, water supply, available acreage, fish stocks and ... lobbyism directed at realizing short-term profits ultimately undermines the foundations of capitalism as the Guardian ...

  • Follow the Ring of Fire to Gold's Geological Hot Spots 23 Jul 2008 13:17 GMT
    ... and CEO of AuEx Ventures, takes The Gold Report on an exclusive tour of the world's ... technology required and/or are there enough existing mines or properties to satisfy the demand? RP: ... it has a lot of diversity in mineralization. Vale ( ), formerly Companhia Vale do ...

  • Rolling mass action 23 Jul 2008 12:17 GMT
    ... Workers protest power prices. SA mines hit. JOHANNESBURG (Reuters) - Thousands of South African ... electricity prices, threatening to halt platinum and gold mines across four provinces in the country. In ... the world's top producer of the precious metal, which said that none of its mines ...


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