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India nearly doubles gold import duty

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India has hiked its gold import duty by 90% and doubled the tax on silver as the world's biggest consumer of bullion seeks to increase revenues, sending futures prices higher.

Gold Fields says 2011 output totals 3.49m oz

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Gold Fields says its attributable production for the 2011 financial year is expected to be 3.49 million ounces.

Gold may end long bull-run, says GFMS

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Gold may reach a record high above $2,000 an ounce in late 2012 or early 2013, but the precious metal is nearing the end of a decade-long run, says metals consultancy GFMS.

Court orders Aurora’s Zuma to pay R10m

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A high court judge has granted default judgment against the chairperson of liquidated Aurora Empowerment Systems, Khulubuse Zuma, for the payment of R10m.

Gold Fields agrees plan to resume Kyrgyz drilling

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Gold Fields has signed an agreement with Kyrgyz villagers that will enable it to resume drilling at a prospective copper deposit, three months after an arson attack.

Village Main Reef hits output hurdles

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Village Main Reef has lost some momentum in the turnaround of the assets it bought from Simmer & Jack in 2011, with all its operations recording an output decline.

Gold One completes Rand Uranium buy

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Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.

Tanzania police foil robbery at AngloGold mine

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Heavily armed robbers have tried to steal a stack of gold bars from a plane at an airstrip near a mine in Tanzania owned by AngloGold Ashanti but were thwarted by the police.

Gold up on seasonal China buying; Iran eyed

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Gold is on course for a fifth straight session of gains as growing anxiety on Iran boosts its safe-haven appeal and rising seasonal demand in China buoys sentiment.

AngloGold reports Savuka fatality

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AngloGold Ashanti has reported a fatality at its Savuka mine near Carletonville, following a fall of ground accident.