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Top gold producers in SA downgraded by HSBC to ‘sell’

Cecilia Jamasmie | August 12, 2013 | 4:41 pm Base Metals Precious Metals Africa Europe Gold Platinum 

South African top gold producers AngloGold Ashanti  (NYSE:AU) (JSE:ANG) (ASX: AGG), Harmony Gold (NYSE:HMY) and Sibanye Gold (NYSE:SBGL) were downgraded to sell on Monday by HSBC, which said the lower price of the metal is cutting margins at the company...

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