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Gold stocks on fire

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Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.

Keaton ups Vanggatfontein reserves

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Keaton Energy has declared a 24% increase in the coal reserve of its Mpumalanga-based Vanggatfontein project.

Zimbabwe charges diamond firm ACR with fraud

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Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Murray & Roberts to sell off steel unit

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Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.

Merafe sees strong growth in stainless steel

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Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

Gold, silver extend record rally

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Gold has risen to a record high for the fourth straight session, as inflation worries and euro zone sovereign debt woes continue to lure investors to precious metals.

Zoellick’s plan highlights dollar angst

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World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.

Randgold Resources output disappoints

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West African-focused gold miner Randgold Resources has posted lower-than-expected production in the third quarter, although it expects output to rise significantly in the fourth quarter.

Randgold Resources sticks to its knitting

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Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.

Indian firm takes over Zim steelmaker

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India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.