Jewellers, consumers seek gold alternative
Silver, bronze, ebony and plastics are seeing greater use in jewellery as surging gold prices put off price-conscious consumers, say jewellery makers at an international trade fair.
Aurora firm provisionally liquidated
A transport logistics company says it has been granted a provisional liquidation order against the company through which Aurora has managed Pamodzi Gold's Orkney assets.
Sasol cans Chinese CTL venture
Sasol has brought the curtain down on a proposed $5bn coal-to-liquids joint venture project in China, citing delays in having the endeavour approved by the Chinese authorities.
Zim miners forced to build own power
A handful of diamond mining companies affected by crippling power cuts in Zimbabwe have been forced to set up their own dedicated R36m power line
Guinea doubles state mines ownership
It's now law for the Guinea state to take a 15 percent free-carry in mining projects and buy another 20 percent in yet another demonstration that Africa's governments want more of the resource pie.
Finger of blame falls on Pamodzi liquidator
Political connections saw some 600 liquidations over eights years handed to Enver Motala, the liquidator involved in the controversy ridden handling of Pamodzi Gold by Aurora Empowerment.
Zim govt in talks with miners wanting time
Zimbabwe is in talks with mining that firms that have requested more time to complete their indigenisation plans.
Cortec parent says firm digging in Kenya
Parent company of Cortec Mining, Canada's Pacific Wildcat Resources, said its firm continued to prospect in Kenya despite earlier reports saying a High Court order had stopped it.
Gold rebounds but heads for weekly loss
Gold was heading for a weekly loss as investors digested plans by US President Barack Obama to spur economic growth which could dent bullion's safe-haven appeal.
Hopes for Optimum bidding war scotched
Hopes of a bidding war for Optimum Coal were scotched after a potential alternative expression of interest in the coal producer was withdrawn.