Indian firm takes over Zim steelmaker
India's Essar Group has won a bid to revive Zimbabwe's collapsed parastatal Zisco steelmaker, following a scramble for the shares of the beleagured firm.
Zoellick seeks new gold standard debate
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
Impala Platinum has resumed operations at its shaft number 11 in Rustenburg, which were suspended after a miner died.
RBPlat shares soar on listing
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
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
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
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
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.
CoAL blames Mooiplaats woes on unclear laws
Coal of Africa says the majority of South African mines will be forced to close shop if environmental legislation is to be applied consistently.
Pan African shares surge
Pan African Resources hit a new 12-month high on the JSE on Friday following the announcement that the Phoenix platinum project should be in full production by the end of next year.