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Gold rips up the record book

Gold rips up the record book

27 Jul 2020 /  Ranjeetha Pakiam, Justina Vasquez and Elena Mazneva, Bloomberg  
As $2 000 test looms in hunt for haven.
Ivanhoe Mines in talks over Congo and South Africa projects

Ivanhoe Mines in talks over Congo and South Africa projects

27 Jul 2020 /  Helen Reid, Reuters  
Ivanhoe is also continuing strategic discussions over its Kipushi copper project in Congo.
Amplats first-half earnings fall as pandemic and closure of processing facilities weigh

Amplats first-half earnings fall as pandemic and closure of processing facilities weigh

27 Jul 2020 /  Tanisha Heiberg, Reuters   2
Headline earnings per share (HEPS) for the six months to June 30 fell to R26.27 per share, a decrease of 7%
The message behind gold’s rally: The world economy is in trouble

The message behind gold’s rally: The world economy is in trouble

26 Jul 2020 /  Steven Frank, Vivien Lou Chen and Elena Mazneva, Bloomberg  
Gold is flying.
Tesla Congo cobalt deal means millions for sanctioned Gertler

Tesla Congo cobalt deal means millions for sanctioned Gertler

26 Jul 2020 /  William Clowes, Franz Wild and Michael Kavanagh, Bloomberg  
What makes the arrangement eye-catching is that Gertler has been blacklisted from the US financial system since December 2017.
De Beers rethinks business after diamond collapse exposes cracks

De Beers rethinks business after diamond collapse exposes cracks

24 Jul 2020 /  Thomas Biesheuvel, Bloomberg   1
Considering ways to restructure mines, expand in jewelry and overhaul diamond sales.
Gold nears $1 900 as veteran Mobius says keep buying

Gold nears $1 900 as veteran Mobius says keep buying

24 Jul 2020 /  Ranjeetha Pakiam, Bloomberg    2
Spot silver heads for biggest weekly gain in four decades.
Investigations ongoing at Glencore’s Cape Town refinery after blast

Investigations ongoing at Glencore’s Cape Town refinery after blast

23 Jul 2020 /  Wendell Roelf, Reuters  
'It is too early to determine when the refinery will be able to resume full operations,' said a company spokeswoman.
SA stocks lifted by miners as rates decision awaited

SA stocks lifted by miners as rates decision awaited

23 Jul 2020 /  Adelaide Changole, Bloomberg  
Banks are weaker before a central interest rates decision later Thursday.
Petra Diamonds full-year revenues drop 36%, Covid-19 weighs

Petra Diamonds full-year revenues drop 36%, Covid-19 weighs

23 Jul 2020 /  Helen Reid, Reuters  
Petra sold 2.9 million carats in its full-year 2020, down from 3.7 million in the previous year.
Silver rockets higher, gold nears record in flight to havens

Silver rockets higher, gold nears record in flight to havens

UPDATE
22 Jul 2020 /  Ranjeetha Pakiam, Bloomberg  
Amid resurgence in virus cases.
Foreign investors shun SA gold stocks on virus fears

Foreign investors shun SA gold stocks on virus fears

22 Jul 2020 /  Robert Brand and Adelaide Changole, Bloomberg   3
Non-residents sold a net R1.84bn of the country’s gold shares since the beginning of last week through Monday.
BHP faces biggest UK class action over Brazil dam collapse

BHP faces biggest UK class action over Brazil dam collapse

22 Jul 2020 /  Laura Joffre, Bloomberg  
Residents, businesses and local governments say BHP bears ultimate responsibility for the collapse.
Wall Street is throwing billions at once-shunned gold miners

Wall Street is throwing billions at once-shunned gold miners

21 Jul 2020 /  Yvonne Yue Li, Justina Vasquez and Aoyon Ashraf, Bloomberg  
The sector, which once largely drew the attention of specialist funds, is now attracting a broad base of investors.
SA’s gold stocks soar

SA’s gold stocks soar

20 Jul 2020 /  Adelaide Changole, Bloomberg   5
As bullion closes in on record.
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