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News & Views by Terry Bell
Browsing All posts tagged under »gold«
Mining, job losses & the system
Large scale redundancies in the South African mining sector, running to tens of thousands of jobs, are probably inevitable. But only because of the system in which we have to operate. Even in the gold sector, there will be mines and shafts that remain profitable without job losses, but each shaft and each mine will […]
No golden path to stability
January 7, 2012
Ever since Europe slid into crisis there has been talk that gold might be a way out. Why? Because of gold reserves held by various central banks. Italy, for example, could pay off a substantial part of its burdensome debt by unloading it gold stocks at current prices. And here is the rub: at current […]
Aurora’s golden greed and liability hopes
December 2, 2011
Arrogance, incompetence and greed may have demolished the protection of limited liability for the politically well connected directors of South Africa’s controversial Aurora Empowerment Systems. They may now have to pay out of their personal fortunes for the heavy debts and losses incurred in a controversial gold mining venture.
Acid water that tarnishes the glister of gold
July 24, 2011
Gold mine ownership, especially in this day and age, is not for the faint hearted. Nor is it for those without deep pockets or without considerable expertise and experience. And gold remains, potentially, a very volatile commodity since it has little practical use outside of jewellery.
Terry Bell Writes 
August 15, 2015
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