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Gold retreats as worries subside

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Gold has fallen more than 1% to $1,874.39, as worries over a possible recession retreated.

Zimplats in ownership talks with government

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Impala Platinum's Zimbabwe unit, Zimplats, says it is in talks with the government over its rejected black empowerment plan.

Brimstone buys into Galaxy Gold

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Holdings group Brimstone Investment Corporation has taken a 10% stake in Galaxy Gold, saying it is "testing the water' prior to further forays in the resources sector.

Malema down but mine plans not buried

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The debate on nationalising SA's mining sector is set to fade with its most outspoken proponent, ANC Youth League leader Julius Malema, facing charges from his owner party.

Aquarius confirms Mimosa’s plan rejected

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Aquarius Platinum says its proposed plan for the indigenisation of Zimbabwean subsidiary, Mimosa, has been rejected by authorities.

Gold soars to near $1,900/oz

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Spot gold has surged more than 1% to a third consecutive all-time high, as investors flee to the safety of bullion amid fears of another US recession and the euro zone's debt crisis.

BHP’s tender offer to acquire Petrohawk completed

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BHP Billiton has advised that all conditions to acquire the outstanding shares of Petrohawk Energy Corporation for $38.75 per share have been satisfied.

Paladin secures uranium sales agreement

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Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.

Gold headed for $2,400, say experts

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Gold is headed for $2,400, according to gold analyst Martin Murenbeeld, while Paul Walker reports from Chennai that Indians are buying the metal like there's no tomorrow.

Shabangu calls for more women executives

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More women are needed in top positions in the mining industry, says Minerals Minister Susan Shabangu.