Gold surges to fresh high amid US gloom
The price of gold surged to another record on Monday registering as much as $1,283.35 per ounce as the market grew more pessimistic about the US economy.
Gold Fields in Phillippines venture
Gold Fields may pay up to $340m for control of a gold/copper deposit in the Phillippines in an effort to source one million ounces of gold a year from the Australasia region.
Petra confirms Finsch, Namaqualand bid
Petra Diamonds said it was pressing forward with bids for more De Beers mines after telling Miningmx in July it was assessing the situation.
RBPlat unveils ‘compelling’ Q4 listing plan
Royal Bafokeng Platinum said it would list on the JSE in the fourth quarter of this year with an investment case it said was 'compelling'.
Zambia asks miners to life power pay
The Zambian government has asked miners operating in its borders, including Metorex, to pay more for electricity use.
Cipro washes its hands of hijacking
Cipro has suspended its online facility for changing directorships to curb company hijackings, but says it won't take the blame when its systems are manipulated.
Kalahari joy as interlopers ejected
Directors of Kalahari Resources, including founder and chairperson, Daphne Mashile-Nkosi, have won a court battle to have invaders removed from the board.
AngloGold raises $1.58bn to close hedge book
AngloGold Ashanti has exercised an over-allotment option on its share and bond issue to help raise an overall $1.58bn to close its hedge book.
Workers refuse to surface at AngloPlat mine
Temporary workers at Anglo Platinum's Rustenburg mine are refusing to come out from underground.
Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.