Gold miners jump on risk aversion
JSE-listed gold mining stocks have surged in early trade as investors take shelter from the deteriorating global economic outlook and Europe's worsening debt crisis.
Impala in fresh wage talks
The National Union of Mineworkers plans talks with negotiators at Impala Platinum to head off a strike over wages that may impact global prices of the precious metal.
Gold miners return to hedging
For just the second time in five years, global gold miners have returned to net hedging.
First Uranium to meet key test, despite outage
First Uranium says the week-long outage of operations at Mine Waste Solutions will not affect the outcome of the Gold Wheaton completion test.
Emerging world buys gold as West wobbles
Central banks of emerging market countries have added more than $10bn of gold to their reserves this year, in a sign of waning faith in the West's benchmark bonds and currencies.
Xstrata decries ‘unilateral’ policy changes
Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.
Xstrata shakes off flooding woes
Xstrata has posted financials in line with forecasts, with a 30% jump in interim profit, pointing to a stronger second half as its copper unit helps the miner recover from a flood-hit start to 2011.
Davies to probe Exxaro refinery closure
A team is to investigate the imminent shutting down of Exxaro's zinc plant, says Trade and Industry Minister Rob Davies.
Gold producers, unions to resume talks
Gold mine workers and producers are to resume wage talks aimed at ending a strike that is costing the companies up to $25 million a day in lost output.
Diamondcorp’s Lace posts fancy results
The average value of the first diamonds recovered from the initial sampling work at Diamondcorp's Lace mine in the Free State is far higher than expected.