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IFM set to turn corner

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International Ferro Metals remains on track to lower its cost base as it prepares to cash in on an expected increase in demand for stainless steel.

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.

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.

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.

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.

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.