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AngloGold Ashanti reports record earnings

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AngloGold Ashanti cracked it in the June quarter, making record earnings from the rising gold price underpinned by good cost control.

Rio Tinto misses target, expands buyback

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Global miner Rio Tinto has reported a 35% jump in first-half profit, but missed market expectations.

Gold miners return to hedging

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For just the second time in five years, global gold miners have returned to net hedging.

First Uranium to meet key test, despite outage

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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

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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 jump on risk aversion

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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.

Emerging world buys gold as West wobbles

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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.

Davies to probe Exxaro refinery closure

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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

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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

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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.