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Gold retreats from new record high

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The gold price steadied off a record high as the dollar firmed against the euro although renewed eurozone debt concerns may bolster gold again.

Gold Fields buys out Iamgold in Ghana

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Gold Fields will buy out the interests of minority partner Iamgold in its Tarkwa and Damang mines in Ghana for $667m in cash.

Grootvlei: SAHRC asks minister to step in

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The SA Human Rights Commission has asked Mineral Resources Minister Susan Shabangu to intervene in the plight of miners at the Grootvlei mine in Springs.

New tax may fund acid water clean-up

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Government is considering imposing a mining industry levy or tax to finance the clean-up of toxic acid water.

AngloGold to revamp BEE deal

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AngloGold Ashanti says it will restructure its black empowerment deal to ensure its employees benefit.

Glencore seeks up to $12bn in bumper IPO

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Commodities giant Glencore is taking advantage of a resources boom in a London and Hong Kong offering.

Gold Fields wants more of its Ghana mines

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Gold Fields appears keen to buy the 19% stakes held in its Tarkwa and Damang mines in Ghana by partner Iamgold should Iamgold decide to dispose of those investments.

SA’s gold output down

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Gold production was down in February while total mining output rose, says Statistics SA.

Shabangu accused of dodging Karoo questions

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Mineral Resources Minister Susan Shabangu has been accused of dodging questions about drill site locations for shale gas exploration in the ecologically sensitive Karoo basin.

Gold Fields maintains gold reserves

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Gold Field maintained its remaining gold reserves at healthy levels as of the end of December but rising working costs and tougher safety standards have eaten into the group's remaining gold resources.