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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.

AngloGold to revamp BEE deal

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

SA’s gold output down

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

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.

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.

Aurora says it has paid workers

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An Aurora director has told Parliament that most of its workers at the Grootvlei and Orkey mines have been paid.

DMR denies it owes Aurora money

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The department of mineral resources has dismissed claims that it owes Aurora money through a water pumping subsidy.

Quick judgment in Eskom price case

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The public interest demands a speedy verdict in a court application to reveal BHP Billiton's preferential power prices, says the judge.

GFMS CEO turns into a raging gold bull

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Gold bear Paul Walker has undergone a Damascene conversion and become a raging gold bull as Western governments and central banks fail to get their financial acts together.