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.
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.
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.
DRDGold secures R108m funds for expansion
South African gold miner DRDGold has secured R108m for its R300m pipeline and plant expansion project at its Ergo operation.
Higher Transnet deliveries boost coal exports
South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.
NUM bemoans spat of mine fatalities
The National Union of Mineworkers has reported a fatality at Harmony Gold Mining's Tshepong Mine in the Free State.
Zisco attracts fresh takeover bids
Zimbabwe has received five bids, including a new offer from ArcelorMittal South Africa, for the takeover of steel maker ZISCO, state media reported on Tuesday.
Kumba strike ends with multi-year deal
Kumba has ended a strike over wages by agreeing to a multi-year deal which will increase salaries by between 7.5% to 10%.
Num considering Northam’s improved wage offer
National Union of Mineworkers on Tuesday said that Northam Platinum has made an improved wage offer, which it was taking to its members.