With restructuring blocked, time-warped SA gold miners slide into obscurity
South Africa’s gold mines, the deepest and among the oldest in the world, are in big trouble.
South Africa’s gold mines, the deepest and among the oldest in the world, are in big trouble.
Latest SGE statistics seem to disprove general media reports that Chinese gold demand is falling, writes Lawrie Williams.
Those who believe the cure for a low gold price is a low gold price be giving attention to the sharp decline in US production stemming from bullion’s slide.
While gold has fallen in US dollars this year, it has actually risen in most major gold producing nations’ domestic currencies.
Lawrie Williams looks into the massive disparity in Chinese gold demand estimates, and what they mean for the gold market.
Gold is heading for a third straight annual decline after some investors lost faith in the metal as a store of value.
One theory on the present rally is that China is shoring up gold reserves in a bid to stabilize its currency.
Hedge fund Paulson & Co cut its stake in the world’s biggest gold-backed exchange-traded fund in the second quarter of 2015, after holding it unchanged for six straight quarters
South Africa’s largest mining union said on Thursday that 11,000 of its members could lose their jobs under planned cost cutting by mining companies.
With prices stuck near a five-year low, traders are turning their back on gold amid muted inflation and a resilient U.S. economy.