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Fitch downgrades Harmony

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Fitch Ratings has lowered its assessment of Harmony Gold, maintaining a negative outlook for future re-ratings because of concerns over the gold producer’s cash holdings.

Num to go ahead with South Deep strike

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Strike action will begin on Friday evening at Gold Field's South Deep mine, says the National Union of Mineworkers.

Gold price, output boost AngloGold

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AngloGold Ashanti's figures received a shot in the arm from the rallying gold price and an increase in production, posting adjusted headline earnings of R2.1bn for the September quarter.

The DMR hits back over nationalisation

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The Department of Mineral Resources has come back swinging at mining legal expert Hulme Scholes over his views on nationalisation but Scholes is not backing down.

UK urges Zimbabwe to comply with Kimberley

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British officials have urged Zimbabwe to comply with global diamond trade regulations and say most of the finest stones are being smuggled out of its rich Marange fields.

Investors take a shine to AngloGold

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Shares in AngloGold Ashanti have traded at levels last seen early 2009 - an indication that sentiment for SA’s gold miners may begin to catch up with the ongoing gold rally.

Jubilee’s ConRoast operational early 2011

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JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.

Minas Rio on track, says Carroll

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Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.

AngloGold net C$70m from B2Gold share sales

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AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.

Genesis accepts Xstrata’s Sphere offer

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Global miner Xstrata are closer to succeeding in its takeover of iron ore prospector Sphere Minerals after Genesis Investment Management agreed to accept the offer.