Gold price, output boost AngloGold
AngloGold Ashanti's figures received a shot in the arm from the rallying gold price and an increase in production, posting adjusted headline earnings of R2.1bn for the September quarter.
UK urges Zimbabwe to comply with Kimberley
British officials have urged Zimbabwe to comply with global diamond trade regulations and say most of the finest stones are being smuggled out of its rich Marange fields.
Genesis accepts Xstrata’s Sphere offer
Global miner Xstrata are closer to succeeding in its takeover of iron ore prospector Sphere Minerals after Genesis Investment Management agreed to accept the offer.
Village on fundraising path
Village Main Reef is to ask shareholders for permission to raise up to R40m, to bolster cash reserves and finalise the acquisition of Consolidated Murchison.
Jubilee’s ConRoast operational early 2011
JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.
Zoellick: no gold standard, but role key
World Bank President Robert Zoellick is not advocating a return to a gold standard, but says the metal is the "the elephant in the room" that policymakers need to acknowledge.
Gold One upbeat on Modder East drilling
Gold One International says the results of its drilling programme at its flagship Modder East mine have confirmed an extension to the high grade shoreline.
Motsepe coins it
Africa Rainbow Minerals chairperson Patrice Motsepe earned almost 74% more during the group's 2010 financial year than in 2009, according to the company's annual report.
Minas Rio on track, says Carroll
Anglo American CEO Cynthia Carroll told says the group's key Minas Rio iron ore project in Brazil is moving full steam ahead, following repeated delays and cost overruns.
AngloGold net C$70m from B2Gold share sales
AngloGold Ashanti has realised net proceeds of C$70m from the sale of its entire holding in Vancouver-based gold producer B2Gold Corporation.