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Gold hits 2-week high on gains in equities, euro

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Gold has hit a 2-week high as gains in equities and the euro prompt buying from speculators, after central banks took action to prevent the euro-zone debt crisis from igniting a global meltdown.

China aluminium capacity to rise 60% by 2015

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China's annual capacity of primary aluminium may rise by 60% in coming four years, says an industry official.

Namibia clears Extract to build Husab

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Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.

Zambia not keen on mine windfall tax

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Zambia will not re-introduce a mine windfall tax it abolished in 2009, says its Finance Minister.

Tiffany sales growth shows signs of slowing

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Concerns about slowing sales momentum took some of the luster off Tiffany & Co's stock amid signs that European and US economic distress are weighing on luxury consumers.

Sierra Leone to post mining revenues online

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Sierra Leone will soon launch a public website to detail mining revenues in an effort to ensure that an expected resource bonanza is handled transparently, officials say.

Collahuasi says plants working amid stoppage

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Chile's giant Collahuasi mine has confirmed workers on two shifts have downed tools at the world's No. 3 copper mine, adding that its plants were fully operational.

RBCT responds as Transnet ups pace

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Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.

The return of Bernard Swanepoel

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Village Main Reef looks a high-risk, high-reward play that widows and orphans should avoid, but gold bugs could be attracted to like moths to a candle.

BHP Billiton wants out of diamonds

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BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.