SA not geared for resources run, says Sanlam
Mining will add more than an additional R50bn to SA’s GDP by 2015 if infrastructure bottlenecks are cleared and market share is maintained, says an investment house.
AngloGold Ashanti reports record earnings
AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.
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.
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.
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.
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.
Shabangu speaks out on Hawks raid
Mines Minister Susan Shabangu has described a raid by the Hawks on her ministry's offices as sinister, and says a new mines DG will be appointed within two weeks.
Shabangu: ‘No quick fix’ on nationalisation
Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.
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.