Gold rose 1.9 percent on Friday, nearing $1,400 an ounce, as a big drop in US new home sales renewed hopes that the Fed will maintain its bond-buying economic stimulus.» Read More
Barrick Gold Corp. rose$. 13 or. 8 percent, to $16.49. Gold Fields Ltd ADS rose$. 02 or. 5 percent, to $4.01. Newmont Mining Corp. rose$. 21 or. 9 percent, to $24.83.
NEW YORK-- Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 13 or. 8 percent, to $16.49. Newmont Mining Corp. rose$. 21 or. 9 percent, to $24.83.
NEW YORK-- Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 22 or 1.3 percent, to $16.58. Newmont Mining Corp. rose$. 41 or 1.6 percent, to $25.03.
JOHANNESBURG, Oct 23- South Africa's Sibanye Gold, spun off earlier this year by Gold Fields, expects earnings to be similar in the second half of the year to the first, assuming its forecast holds for the bullion price to stay around current levels.
JOHANNESBURG, Sept 11- Wage settlements in South Africa's gold sector will amount to 1.5 billion rand in extra costs for companies over the next 12 months, the country's Chamber of Mines said on Wednesday.
*Gold strike over, except at Harmony Gold. JOHANNESBURG, Sept 6- A three-day strike by tens of thousands of South African gold miners wound down on Friday with most strikers agreeing to return to work after accepting the latest wage offer from employers, the National Union of Mineworkers said.
JOHANNESBURG, Sept 6- Some South African gold miners have ended their strike for higher wages and were heading back to work after just three days, bolstering confidence the strike could be formally called off on Friday.
WESTONARIA, South Africa, Sept 4- A strike for higher pay hit production at most of South Africa's gold mines on Wednesday, but the main union behind the stoppage said it was willing to relax some of its demands. The stoppage called by the National Union of Mineworkers began at the evening shift on Tuesday, with many miners refusing to go underground.
JOHANNESBURG, Sept 4- South Africa's main mining union has offered to compromise on some of its demands for higher pay after launching a strike that hit production at most of the country's gold mines on Wednesday.
*Gold miners' strike set to start on Tuesday. *Labour unrest has helped send rand to four-year lows. PRETORIA, Sept 3- South African President Jacob Zuma on Tuesday appealed to unions and companies in the gold industry to avoid an imminent strike that could seriously damage Africa's largest economy, force mine closures and cost thousands of jobs.
*Gold scrap supply to hit lowest in 6 yrs in 2013- WGC. LONDON, Sept 2- When Western investors dumped gold en masse in April they set up a situation bullion traders have not seen for years, a market where normal commodity fundamentals might just determine prices.
*Anglo American CEO warns of "economic devastation". The National Union of Mineworkers, which represents about two-thirds of more than 120,000 unionised gold miners in Africa's biggest economy, is set to strike from Tuesday.
JOHANNESBURG, Aug 29- Anglo American remains committed to its South African platinum mining business but only if it pays its way, the group's new chief executive said on Thursday.
Gold mining firms said they were also preparing for a bruising strike that could come as early as Sunday and would slow bullion output, one of South Africa's largest foreign currency earners. That would mean that about 3 percent of South Africa's workforce would be on strike.
PERTH, Aug 29- The South African government will not intervene in deadlocked wage talks between gold producers and unions even as some producers prepare for work stoppages of up to three months, the South African mines minister said on Thursday.
JOHANNESBURG, Aug 28- South African gold producers are preparing for bruising strikes that could start as early as Sunday, with some companies planning for stoppages of up to three months in a high-stakes fight between capital and labour in Africa's biggest economy.
*Walkouts imperil growth in Africa's biggest economy. JOHANNESBURG, Aug 26- South African construction and airport workers went on strike for higher wages on Monday, extending a series of industrial action threatening to slow growth in Africa's largest economy.
JOHANNESBURG, Aug 23- If South Africa's gold miners strike over wages next week, the loss of output will drag down companies already being crushed between rising costs and falling prices for the metal.
SINGAPORE, Aug 23- Gold slipped in early Asian trading on Friday after strong U.S. jobs and manufacturing data raised fears of an imminent pull-back in the Federal Reserve's stimulus measures.
TORONTO/ JOHANNESBURG, Aug 22- Barrick Gold Corp, the world's largest gold producer, on Thursday said it has agreed to sell three of its high-cost gold mines in Australia to Gold Fields Ltd for $300 million.