Harmony warns over output drop
Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.
Village acquires gold and antimony mine
Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.
Gold hits record as Vietnam mulls imports
Spot gold has hit an all-time peak on a weak dollar and after Vietnam said it may allow gold imports if prices keep rising.
Vanadium’s turbocharged future
The battery has beaten the fuel cell in the race to power electric vehicles, which means an increase in demand for vanadium, lithium and rare earth metals.
Northam loses R250m so far due to strike
Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
Platinum may jump 60%, predict analysts
Platinum was tipped by two leading investment bank analysts to be among the strongest performing commodities in the coming months, while warning of the potential for a significant setback for gold.
Ditch gold for shares, says expert
As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.
Gold Fields expects boom to persist
Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.
De Beers ups output as demand picks up
Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.