South Africa Shares: Gold One Rises

Bloomberg reported the FTSE/JSE Africa All Share Index rose for the first time in three days.

As quoted in the market news:

Gold One International Ltd. (GDO) , a gold producer, advanced for the first time in three days, rising 2.7 percent to 3.80 rand. The company’s plan to buy First Uranium Corp. (FUM)’s Ezulwini mine may proceed following First Uranium’s decision not to support an offer from Kumvest (Pty) Ltd.

Click here to read the full Bloomberg report.