World's Highest-Cost Gold Miners Surge on Rand's Meltdown

Updated on
  • Harmony, Sibanye rise as gold reaches record priced in rand
  • Rand hit record low versus dollar after finance minister fired

Deep Dive: December Rate Increase, S. African Gold Miners

South African gold miners, the world’s highest-cost major producers, surged in Johannesburg as the rand plunged against the dollar after President Jacob Zuma fired his finance minister.

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