R/€ = 14.10 Change: -0.08
R/$ = 13.11 Change: -0.18
Au 1251.28 $/oz Change: -3.18
Pt 950.50 $/oz Change: -6.50


31/08/2012 (On-The-Air) 

By: Martin Creamer     31st August 2012 The government of Papua New Guinea has the right to take up 30% ownership of a gold project South Africans are developing on the South East Asian island; The labour-ravaged platinum sector is talking about ditching its decentralised bargaining system and replacing it with centralised bargaining;... 

Cash-gushing Harmony levers 80% profit rise off 36% gold price hike  

By: Martin Creamer     16th August 2012 South African gold major Harmony Gold increased its operational profit by 80% in the 12 months to June 30, against a gold price increase of 36%. “That’s what I call great leverage, when you’ve got a gold price going up 36% and the company increases its profits by 80%,” says Harmony Gold CEO... 

Briggs agrees to extended term at Harmony

By: Idéle Esterhuizen     23rd July 2012 South Africa's third-largest bullion producer Harmony Gold said on Monday that its CEO Graham Briggs, who would have retired in the next year, agreed to remain with the company for another four years. “Graham has done good work as CEO of Harmony and is doing outstanding work in Papua New Guinea.... 

Politically connected BEE players lose iconic status - report 

     9th July 2012 Black economic-empowerment (BEE) business leaders who succeeded in the past predominantly through political clout, rather than entrepreneurial initiative, were no longer regarded as iconic, a new study by the Reputation Institute South Africa has found. The survey, RepTra Leader South Africa... 

Resources Watch  

By: Creamer Media Reporter      15th March 2012 This week: Patrice Motsepe says the ANC document’s on mining tax are a worry. The Saldanha manganese rail study is presented to Transnet. And, there’s a strong economic case for lifting the shale exploration ban. 

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