Less of a void at Central Rand Gold
An internal study shows the "double void" problem at Central Rand Gold may not be as bad as initially feared, but the share price has hit an all-time low of 9c compared with R20 in 2007.
GFMS: gold to breach $2,000 by year-end
Gold prices are likely to break through $2,000 an ounce by year-end to new record highs, says metals consultancy GFMS.
Rand may test R7.50 level
The rand has weakened against the dollar and looks set to hit a new year low above R7.50/dollar.
Pan African tipped for more gains
Pan African Holdings has posted share price gains of around 34% in 2011, following a 27% rise in 2010. Some may ask whether it is time to sell on a high.
Gold Fields targets 1 mln oz in S. America
Gold Fields aims to produce one million ounces of the precious metal per year in South America by 2015, says the company's regional chief.
Deals too expensive, says Anglo’s Carroll
Mining shares were still too expensive to tempt Anglo American into any acquisitions, says the group's CEO, Cynthia Carroll.
Macozoma: beneficiation needs power surety
Abundant electricity and clarity on the costs thereof are prerequisites for the formation of downstream beneficiation industries, says Tshipi e Ntle chair Saki Macozoma.
Rock driller loses life at Ezulwini
A rock drill operator has lost his life at First Uranium Corp.'s Ezulwini mine, the company announced.
Rand slides on Euro nerves, poor growth
The rand slide to 7.4 against the dollar, a decline of 1.7% on Wednesday in nervous trade ahead of more European talks on Greece's debt and weakening domestic growth in South Africa.
Egypt to invest in Rwanda power
Orascom Construction Industries plans to invest up to $130m in Rwanda in the next three to four years to build a methane power plant to produce 50 megawatts.