JSE gold miners' shares rose sharply on Wednesday, after news that the Supreme Court of Appeal had granted a postponement of the appeal in the silicosis and tuberculosis class action litigation. The postponement sent the JSE's gold index up 2.35% in early afternoon trade. The gains were led by Harmony, which rose 5% to R22.45, followed by AngloGold Ashanti with a 3.2% increase to R133.47. Attorneys representing all parties involved in the matter wrote to the registrar of the court asking that it be postponed until further notice. Gold companies were appealing against a judgment by the High Court in Johannesburg which found that Richard Spoor Inc, Abrahams Kiewitz and the Legal Resources Centre could pursue two separate classes of claimants, one for silicosis and one for tuberculosis incurred from mining. The appeal was set down for March. The Legal Resource Centre on Wednesday said a joint letter to the court explained that good-faith settlement negotiations between the Occupational...

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