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Randgold Resources sticks to its knitting

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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.

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.

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.

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.

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.

Gold edges towards $1,400

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Gold hit another record around $1,394/oz before speculators cashed in, but an unpopular decision by the Federal Reserve could still spur buying.