Group items tagged

Mining is still the most important sector in South Africa's economy Most of the 80,000 miners across the sector who started striking earlier this week had already accepted an 8% pay offer and returned to work. But workers at Harmony Gold's mines in the central Free State and Northern Cape provinces were holding out for a better deal. The miners' union had been demanding a 60% rise. Employers had offered 6% - the same as the inflation rate. Harmony Gold said its employees had now accepted the pay settlement, the AFP news agency reported. Some electricity workers have also gone on an unofficial strike, leading to severe power cuts in the biggest city, Johannesburg. An extra generator has been installed near the home of former President Nelson Mandela, who arrived there on Sunday after almost three months in hospital. He remains in a critical condition. RELATED NEWS: http://www.experienceproject.com/stories/Tana-Goldfields-Articles/3379489 http://www.goodreads.com/group/105028-tana-goldfields-united-kingdom/comments/20834715-coconut-butterz

SYDNEY-Australia's gold producers are struggling to deal with the dual blow from rising costs and falling prices, casting a shadow over earnings results that are due next month. The latest production reports from Newcrest Mining Ltd., Australia's largest listed gold miner, and the smaller OZ Minerals Ltd. Thursday pointed to higher costs and tighter margins-underscoring the challenge facing producers after gold's biggest quarterly drop in decades. Gold prices have fallen more than 20% since the start of January amid expectations the U.S. would start to taper its program of monetary easing as its economy stabilizes, putting miners of the precious ... Related Sites: http://tnxmaverick.com/

When asked whether they had made any changes to their precious metal investments over the past year, 37pc of investors said they hadn't changed their allocations to silver and gold, while 43pc had increased their holdings.RELATED NEWS: http://tanagoldfieldsplc.blogspot.com/ http://www.geni.com/projects/Losing-Faith-in-Gold-Tana-Goldfields-Booklikes/15594

Mr. Paulson notched huge profits in 2007 and 2008 betting against subprime mortgages, and investment gains plus new inflows of cash drove his firm to $36 billion in assets under management. Missed calls since, plus investor redemptions, have shrunk the size of the firm. This year, although the gold fund has suffered, his other funds have been faring better. The Paulson Recovery fund, for example, was up nearly 34% through July, according to a person familiar with the firm, and his merger-arbitrage fund was up 12.9% for the same period; another version of the fund that uses additional leverage was up 26.6%. Related Article: https://groups.diigo.com/group/tana-goldfields-articles/content/tana-goldfields-articles-10-tips-how-to-avoid-gold-investment-scams-10180248

Investing.com - Coming off the best weekly performance in a month last week, gold futures again traded higher in the early part of Monday's Asian as traders continued to boost the yellow metal higher. On the Comex division of the New York Mercantile Exchange, gold futures for September delivery rose 0.43% to USD1,377.10 per troy ounce in Asian trading Monday. The September contract settled up 0.74% at USD1,371.20 per ounce last Friday. RELATED ISSUE: http://www.bookrix.com/search;keywords:%20%20tana%20goldfields,searchoption:books.html http://www.blogtalkradio.com/carlomonnez/2013/09/06/important-tips-for-avoiding-gold-coin-investment-fraud