Home News Page 1229

News

Zimbabwe charges diamond firm ACR with fraud

0
Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.

Gold stocks on fire

0
Gold stocks have rallied on the back of international inflation fears, the record high price of the yellow metal and an attractive rand gold price.

Merafe sees strong growth in stainless steel

0
Merafe says its medium to long-term growth forecast for stainless steel remains strong, with production expected to reach record levels this year.

Gold, silver extend record rally

0
Gold has risen to a record high for the fourth straight session, as inflation worries and euro zone sovereign debt woes continue to lure investors to precious metals.

Randgold Resources output disappoints

0
West African-focused gold miner Randgold Resources has posted lower-than-expected production in the third quarter, although it expects output to rise significantly in the fourth quarter.

Randgold Resources sticks to its knitting

0
Randgold Resources will coin it if gold stays at levels above $1,400/oz, according to CEO Mark Bristow, who says the extra cash is likely to be paid out in dividends.

Zoellick’s plan highlights dollar angst

0
World Bank President Robert Zoellick's call for a new global currency system with gold as a reference point highlights the depth of unease about a weakening dollar.

Zoellick seeks new gold standard debate

0
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

0
Impala Platinum has resumed operations at its shaft number 11 in Rustenburg, which were suspended after a miner died.

RBPlat shares soar on listing

0
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.