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Gold soars to fresh record

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Gold has hit a new high above $1 500 as traders sought out the safe haven amid concerns over the global economy.

Harmony’s Masimong mine to reopen today

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Harmony Gold says its Masimong mine will reopen on Wednesday after it was shut last Thursday when a worker was killed in a locomotive accident.

Australia warns ‘no rivers of gold mining’

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Australia is facing a mining boom with greater challenges and fewer rewards, Treasurer Wayne Swan says, warning there will not be "rivers of gold" like earlier commodities rushes.

Namibia eyes mining sector growth

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Namibia expects investment of $3.5bn in its mining sector over the next five years, with the industry accounting for 15% of its economic output, says a minister.

Iamgold says Burkina Faso mine not hit by unrest

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Iamgold says operations at its Essakane mine in Burkina Faso are not affected by riots in the southern part of the West African nation.

DRDGOLD output falls, plans Blyvoor sale

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DRDGOLD says its output has fallen as expected in the March quarter, while headline earnings rose because of a deferred tax credit.

DRDGOLD lets go of alter ego

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DRDGOLD has nailed its colours to the mast, saying it will focus solely on low-cost operations and shed the last remnant of its erstwhile reputation as a leveraged gold miner.

Zimbabwe bans chrome exports

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Zimbabwe has banned the export of chrome as it looks to build internal refinery capacity, according to a senior government official.

DMR cracks whip on wayward rights holders

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From this week, non-compliant holders of prospecting rights will have their permits cancelled, says Mines Minister Susan Shabangu.

Tata lifts lid on expansion plans

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Industrial conglomerate Tata Group will invest up to $27bn in the Indian market over the next five years and more than double its revenue to $150bn, says a top official.