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Gold One to miss production forecast

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Gold One International won’t make its revised production target of 85,000 ounces for the calendar year, with actual output likely to be less than 70,000oz.

Gold outlook tarnished

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SA gold share investors have seen scant profit from the gold rampage coming their way, as it is blunted by the stronger rand and so-called South African discount.

Anglo American CEO slams nationalisation

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Anglo American CEO Cynthia Carroll has derided nationalisation as an economic policy that - drawing on the group's prior experiences in Zambia - "simply does not work".

SA remains coy to fiddle with rand

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South Africa will not be making "inappropriate short-term" responses to weaken the rand as this will hamper longer-term economic growth, says finance minister Pravin Gordhan.

Moody’s takes a shine to AngloGold

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Moody's expects the elimination of its hedge position will boost AngloGold Ashanti's future operating profitability and cash flow generation.

Law to nationalise mineral rights – critics

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New legislation will remove the final reference to privately held ownership of minerals, in effect nationalising mineral rights, critics say.

Transnet commits to expand coal exports

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Transnet has committed to increasing coal export capacity on the Richards Bay coal line to 81mt/year by 2014 provided it gets take or pay contracts with the coal exporters.

Majali to appear in court

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Alleged corporate hijacker Sandile Majali, who was at the centre of the Oilgate scandal, is expected to appear in a Johannesburg court.

Aquarius Platinum looks at listing Mimosa

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Mimosa - the Zimbabwean platinum producer jointly owned by Aquarius Platinum and Impala Platinum could be listed on the Zimbabwe Stock Exchange.

Supply fears hurt Amsa sales

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ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita says jitters over the stability of iron ore supply may have prompted the group's South African customers to source steel from abroad.