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CoAL staves off Mooiplaats closure

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UPDATED: Shares in CoAL are on the up, after the miner said it had reached an agreement with provincial authorities over environmental concerns at its Mooiplaats colliery.

Euro debt worries weigh on gold

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Gold has suffered a broad retreat, triggered by a stronger dollar, talk about euro zone sovereign debt and speculation China may hike interest rates.

Investors take a shine to AngloGold

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Shares in AngloGold Ashanti have traded at levels last seen early 2009 - an indication that sentiment for SA’s gold miners may begin to catch up with the ongoing gold rally.

UK urges Zimbabwe to comply with Kimberley

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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.

The DMR hits back over nationalisation

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The Department of Mineral Resources has come back swinging at mining legal expert Hulme Scholes over his views on nationalisation but Scholes is not backing down.

Gold price, output boost AngloGold

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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.

Jubilee’s ConRoast operational early 2011

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JSE and AIM-listed Jubilee Platinum says its new ConRoast commercial facility is on track to commence smelting in the second quarter of 2011.

Genesis accepts Xstrata’s Sphere offer

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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

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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.

Zoellick: no gold standard, but role key

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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.