Home News Page 1217

News

Randgold Resources output disappoints

0
West African-focused gold miner Randgold Resources has posted lower-than-expected production in the third quarter, although it expects output to rise significantly in the fourth quarter.

Randgold Resources sticks to its knitting

0
Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.

Murray & Roberts to sell off steel unit

0
Construction group Murray & Roberts Holdings says it will close or dispose of underperforming units within its steel business.

Zimbabwe charges diamond firm ACR with fraud

0
Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Merafe sees strong growth in stainless steel

0
Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

Zoellick seeks new gold standard debate

0
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

0
Impala Platinum has resumed operations at its shaft number 11 in Rustenburg, which were suspended after a miner died.

RBPlat shares soar on listing

0
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

0
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

0
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.