Three suspected smugglers are expected to appear in the Kempton Park magistrate’s court on Monday on charges of dealing in precious metal after gold weighing 73.5kg was found in their hand luggage at Johannesburg’s OR Tambo International…
International rating agencies had already downgraded South Africa to junk status even before the global pandemic. The three main commodities being gold, platinum and crude oil, are good indicators as to the speed that the economy can…
Located between Marievale military base and Nigel is an old gold mine, Vlakfontein, where informal miners extract gold from the mine dump. “The gold found at this old mine is very easy to extract and in a good month one can make R10,000…
Mining minister Gwede Mantashe was opposed to the Barberton Makhonjwa mountains gaining World Heritage Site status because the area is home to at least 500 tons of easily accessible gold – equal to centuries worth of mining. A letter…
The JSE closed weaker on Tuesday in risk-off trade as concern about an escalating trade war between the US and China hit global markets. Miners struggled despite the weaker rand‚ while rand hedges were mixed. The rand lost nearly 2% at…
