GOLD 1218.89 $/ozChange: 2.63
PLATINUM 1273.00 $/ozChange: -15.00
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Gold

Global production decline for gold miner Restricted

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After the first quarter of 2007, DRDGold has reported a decrease in its global gold production, which is down 21% from 132 125 oz to 103 768 oz.
11th May 2007
 
 
MINING PRODUCTION

SA gold output fell 10,8% y-on-y in March Restricted

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South Africa’s gold production fell 9,5% in March 2007, compared with the previous month, and 10,8% compared with March last year, Statistics South Africa said in its mining production and sales report on Thursday.
10th May 2007
 
 
GOLD STRIKE

Miners strike at Simmers' Buffelsfontein mine Restricted

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Workers at gold-miner Simmer & Jack's (Simmers') Buffelsfontein mine, near Stilfontein in the North West, downed tools on Wednesday night, after a dispute over wages, the company and the National Union of Mineworkers (NUM) said on...
10th May 2007
 
 
URANIUM

First Uranium revises Ezulwini project value up 29% Restricted

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Toronto- and Johannesburg-listed uranium company First Uranium expects the value of its Ezulwini Mining underground uranium and gold mine to be better than expected, as it seeks to fast-track construction of the mine and begin production ahead of...
10th May 2007
 
 
GOLD

Glencar reports positive results from Mali drilling programme Restricted

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Irish mining firm Glencar Mining on Wednesday announced continued positive drill results from its Komana West gold project, in southern Mali.
9th May 2007
 
 
GOLD/COPPER

AngloGold Ashanti budgets $86m for exploration this year Restricted

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Gold-miner AngloGold Ashanti plans to spend $86-million on exploration this year, in a bid to get ahead of the curve as gold-miners worldwide search for ounces in the ground to counter declining production levels.
9th May 2007
 
 
GOLD

AngloGold Ashanti targets 15% energy savings in SA Restricted

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Gold-miner AngloGold Ashanti intends to reduce power use at its South African operations by 15% over a five-year period, a presentation on the company’s website on Friday revealed.
9th May 2007
 
 
MINING BENEFICIATION

SA to get new beneficiation base levels by year-end Restricted

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South Africa's Minister of Minerals and Energy, Buyelwa Sonjica, would by the end of the year gazette minimum levels to which miners in South Africa would have to beneficiate their minerals before exporting, a top official said on Tuesday....
9th May 2007
 
 
 
 
 
 
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Simmers lifts its gold output 14-fold... Audio
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Refocused DRDGold a 'whole new... Audio