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NIA official shown as Pamodzi ‘white knight’

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A senior intelligence official was the driving force behind a secret R200m rescue package - using worthless Mexican agricultural bonds - to save the beleaguered Pamodzi Gold.

Steel workers, employers reach wage deal

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Tens of thousands of workers led by Numsa have ended a two-week pay strike in the steel and engineering sector, says union leaders.

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.

Questions over Petrohawk trades

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A number of well-timed bullish bets in options of BHP Billiton target Petrohawk has raised eyebrows among some options market watchers.

Gold shines before euro zone meeting

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Gold slipped on Friday though it was on track to match its biggest winning streak in four decades.

Harmony sees gold output up in June

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Harmony Gold says output for the June quarter will likely be 3% higher than the 317,000 ounces produced in the previous one, despite days lost to public holidays.

BHP in $12bn merger with shale gas group

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BHP Billiton has unveiled a $12.1bn takeover of US firm Petrohawk Energy that will give it access to the lucrative US shale gas market.

DRDGOLD expects higher production

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DRDGOLD is expecting full-year production to be 10% higher than the previous year.