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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.

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.

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.

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.

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.

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.

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.

Shabangu speaks out on Hawks raid

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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

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Uncertainty regarding mining sector nationalisation would be inevitable as government sought to tackle matter through its internal processes, says the mines minister.

Xstrata decries ‘unilateral’ policy changes

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Governments seeking a greater share of mining profits should implement changes in regulations and taxes prospectively, and not retrospectively, says Xstrata CEO Mick Davis.