Gold – Gold investors held on for a long, scary ride in the markets on Thursday as gold broke through $1,300 an ounce and plumbed two-and-a-half-year lows.
Articles Tagged "Harmony Gold Mining"
Gold – Gold companies enjoyed a lift from gold price gains on Wednesday, although some of that was given up Thursday with the release of positive US employment data.
Gold – Cost inflation, combined with a lower gold price, is forcing major producers to make some hard decisions.
Gold – Kinross and Barrick both announced multi-billion-dollar writedowns in the fourth quarter. Investors, however, see a silver lining in the bad news.
Gold – The fiscal cliff may have been averted, causing gold to spike, but it's not all good news for the precious metal, which lost ground on Thursday.
Gold – The approaching fiscal cliff and promising jobs data out of the United States conspired to pull down gold this week. A report from PwC, however, is bullish on the precious metal in 2013.
Gold – Total gold demand decreased 7 percent in the second quarter, but the buying of bullion by central banks reached a record level. A lower dollar helped push gold up again this week as speculators continued to anticipate a fresh round of stimulus.
Theft and rising security expenses are just two ways illicit mining costs the global resource business. Here’s a look at the problem and the steps mining firms are taking to deal with it.
Gold – Bloomberg reported that Harmony Gold Mining Co (NYSE:HMY) decided not to sell its Wafi-Golpu project despite investor interest.
Gold – Gold and diamond discoveries played an important part in the growth of the early Republic of South Africa, and historically the country was the world's largest gold producer for many years and continues to possess the world’s largest quantity of gold reserves at 6000 tonnes.