South Africa police standoff with illegal gold miners escalates
The police sealed off access to the Buffelsfontein gold mine in Stilfontein several weeks ago to deny the miners access to food and other essentials.
The price of gold was steady near $1,600 Thursday morning as traders await cues from the European leaders summit, due later today, on a second round of aid for Greece.
Gold for August delivery, the most actively traded contract, edged up $3.20 to $1,600.10 an ounce.