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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.

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.

Zoellick seeks new gold standard debate

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UPDATED: Leading economies have to consider readopting a modified global gold standard to guide currency movements, says World Bank president Robert Zoellick.

Impala resumes Rustenburg activities

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Impala Platinum has resumed operations at its shaft number 11 in Rustenburg, which were suspended after a miner died.

RBPlat shares soar on listing

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ROYAL Bafokeng Platinum has risen 7.4% in its stock market debut after raising R2.98bn in SA's second-largest initial public offering of 2010.

Gold smashes through record level

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Gold has soared past the $1 400/oz for the first time after the World Bank president called on bickering nations to bring back the gold standard.

Gold set to extend gains, peak in 2011

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Gold's record-breaking climb should continue for at least six months, corresponding to the planned duration of the USA's monetary stimulus, according to an analyst poll.

Zim grabs ‘blood diamond’ firm

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Zimbabwe's government is taking over a joint mining venture after allegations its private partners are blood diamond dealers, says the chairperson of the country's diamond company.

Marange fuels cross border dealer hub

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Zimbabwe's Marange diamond fields have sparked a cross border diamond smuggling hub stretching to the Mozambican town of Manica.

Pan African shares surge

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Pan African Resources hit a new 12-month high on the JSE on Friday following the announcement that the Phoenix platinum project should be in full production by the end of next year.