South Africa's gold miners begin strike over pay

http://www.bbc.co.uk/news/world-africa-14324063 Almost 100,000 gold miners have begun an indefinite strike in South Africa calling for a 14% salary increase.The stoppage could cost the gold mining sector $25m (£15m) a day in lost output, economists say. The National Union of Mineworkers (NUM) told the BBC it would affect all the top...

Griffiths goes for gold - again

Mike Foster21 Jul 2011 Back in mid-May, the price of gold, at $1.490 an ounce, was looking soggy. But poor sentiment didn’t put Robin Griffiths of Cazenove Capital off the yellow metal. On the contrary, he decided the traditional summer lull would come to an end early – by June 29, to be precise. Following a 0.68% rise to $1.510...