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Gold hits new high on debt concerns

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Gold has hit a new all-time high of $1,597.71 an ounce on continued concerns over US and European sovereign debt.

Glencore to close Mina Justa deal in October

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Glencore expects to close its $475m acquisition of a 70% stake in the owner of Peru's Mina Justa copper project in October.

Gold soars past $1,600/oz

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Gold has maintained its winning streak, reaching a high in excess of $1,600 per ounce as concerns grow over the eurozone and US debt crises.

Rio Tinto ups iron ore, warns of costs

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Rio Tinto warned of adverse exchange rates and input cost pressures for the remainder of its financial year.

AngloGold: don’t dismiss nationalisation

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Nationalisation of South Africa's mines needs to be debated and not dismissed, says AngloGold Ashanti CEO Mark Cutifani.

Unions declare dispute in gold sector

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The three unions representing employees in the gold mining sector have declared a dispute with the companies over wage increases

DA urges cooling off period for mining officials

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THE DA has called on Mineral Resources Minister Susan Shabangu to bar employees of her department from joining private mining companies immediately after leaving government.

Wage talks for gold sector to resume

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The National Union of Mineworkers will continue wage negotiations with the Chamber of Mines' gold producers to prevent a possible strike, the union says.

Num declares dispute with Northam

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The National Union of Mineworkers has declared an internal dispute with Northam Platinum over the company's reluctance to bargain, the union says.

Greeks grabbing gold

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The financial storms raging around the heads of the Greeks have recently led to a strong increase in people buying gold in that country.