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GOLD

Peru's gold output seen flat or falling again this year

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Gold production in Peru, the world's sixth biggest exporter of the precious metal, will likely either plateau or dip slightly this year compared with 2013, mining companies, analysts and the government said. Gold output will fall by at least 4%...
18th April 2014
 
 
PLATINUM-GROUP METALS

Two palladium ETFs list on JSE within one week

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PRECIOUS METALS INVESTMENT
Investors are also constantly aiming to diversify their portfolios and investing in precious metal commodities helps facilitate this
An increase in demand for precious metal exchange-traded funds (ETFs) from institutional investors has resulted in the listing of two palladium ETFs on the JSE in one week.
18th April 2014
 
 
GOLD

DRDGold appoints chartered accountant to board

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JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting...
17th April 2014
 
 
MINING INVESTMENT

Worrying technical corner-cutting needs to be nipped in bud – Mineral Corporation Video Available

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Worrying technical corner-cutting was sneaking into the mining industry and needed to be nipped in the bud, The Mineral Corporation MD Frank Gregory said on Thursday. Speaking to Mining Weekly Online in the attached video interview, the...
17th April 2014
 
 
GOLD

Gold price to average $1 225/oz in 2014 – GFMS

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Weighing up the factors impacting the gold market this year, 2014 looks set to be a second year of price decline for gold, with precious metals consultancy Thomson Reuters GFMS continuing to forecast an average of $1 225/oz for the year. The...
17th April 2014
 
 
GOLD

Flooding impacts Regis production

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Australian gold and nickel miner Regis Resources has seen decline in production for the three months to March, as its Garden Well and Rosemont operations, in Western Australia, were impacted on by pit flooding. During the quarter under review,...
17th April 2014
 
 
COPPER/GOLD

Sandfire sets record production in March Q

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Copper miner Sandfire has reported record production during the three months to March, with its DeGrussa operation, in Western Australia, delivering 18 098 t of copper and 10 035 oz of gold during the three months to March. This was compared with...
17th April 2014
 
 
GOLD

Andy Well delivers solid results for Doray

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Junior gold miner Doray Minerals produced 20 054 oz of gold during its second full quarter of production at the Andy Well gold mine, in Western Australia. MD Allan Kelly said that the production figures at Andy Well confirmed Doray’s position...
17th April 2014
 
 
 
 
 
 
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